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Symphonies
EBAY Moving Average Strategy
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily binary rotation: hold EBAY if price > 50-day average, else switch to NVDA; 100% allocation to the chosen name, simple momentum-like rule with two-name exposure.
NutHow it works
Every day, the system checks EBAY’s current price and compares it to EBAY’s 50-day moving average. If the current price is higher than the 50-day average, the strategy allocates to EBAY. If not, it switches to NVDA. The tag wt-cash-equal means that if multiple assets passed the test, cash would be split evenly among them; here, only one asset is selected each day, so you effectively hold 100% in the chosen stock. This is a simple, trend-following rotation between two names with no diversification beyond those two.
CheckmarkValue prop
Simple, rule-based two-name rotation (EBAY/NVDA) targeting tech momentum. Out-of-sample: ~13.4% annualized return, Sharpe ~0.50, max drawdown ~34.6%. A transparent SPY diversification sleeve—upsides in tech cycles, with higher risk.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.121.430.280.53
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
778.23%8.35%-1.77%0.2%0.51
EBAY Moving Average Strategy
2,716.38%13.11%-1%13.2%0.5
Initial Investment
$10,000.00
Final Value
$281,637.82
Regulatory Fees
$2,790.61
Total Slippage
$8,391.00
Invest in this strategy
OOS Start Date
Sep 11, 2024
Trading Setting
Daily
Type
Stocks
Category
Binary-rotation, price-based, moving-average, momentum, two-name, simple-with-concentration
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
EBAY
eBay Inc
Stocks
NVDA
Nvidia Corp
Stocks

FAQ

A Composer symphony is an automated trading strategy that executes trades based on parameters of your choice. Some symphonies are similar to holding one ETF in normal conditions and rotating to a different ETF when market conditions shift, for example a 5% drop in the S&P 500, while others use complex rules with dozens of triggers. However, complex doesn’t always mean better. A simple, well-structured symphony can be just as effective as an intricate one. Learn more about how symphonies work here.

"EBAY Moving Average Strategy" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"EBAY Moving Average Strategy" is currently allocated toEBAY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "EBAY Moving Average Strategy" has returned 6.50%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "EBAY Moving Average Strategy" is 34.56%. The maximum drawdown measures the largest peak-to-trough decline. It's an important metric to evaluate risk and the strategy's behavior during market stress.

To invest in "EBAY Moving Average Strategy", simply click the Invest button on this page. You'll need to open an account with Composer if you don't have one yet, then you can start investing. Composer will automatically execute the trades for you based on the strategy's rules. Composer also supports trading individual stocks, ETFs, and options.