• The table below shows the Compound Annual Return (CAR) for the past year (2019), 3-years (2017 – 2019), 5-years (2015 – 2019) and 10-years (2010 – 2019), for each instrument tracked by PrescientSignals, assuming you went long or short each time a corresponding signal was generated. We calculated these results by running backtests using the same parameter settings we’re currently using for PrescientSignals. Naturally, past performance is no guarantee of future results.
  • Not all instruments have been profitable for all the listed historical time periods. We could easily optimize the parameters individually for each instrument to make the results look better, but that’s not how trading works in the real world. In the real world, you don’t know the optimal parameter settings in advance, only in hindsight. Therefore, to provide the most realistic and valid results, we use the same parameter settings for all instruments within each asset class.
  • No instrument is profitable all the time. The equity curves for individual instruments will usually be quite choppy. To achieve a smooth and profitable equity curve, you need to trade a portfolio of instruments. The more instruments you trade, the smoother your equity curve will be.