Just Memes III 11-29-24
Today’s Change (Mar 17, 2026)
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A symphony is an automated trading strategy — Learn more about symphonies here
About
Daily, equal-weighted basket of up to 21 meme/tech-space stocks chosen via three momentum screens (RSI 21, 45-day momentum, 10-day return). Top 7 from each screen are combined into a single, day-rebalanced portfolio.
Universe: 21 meme/tech-space stocks (examples include RKLB, LUNR, PLTR, SOFI, JOBY, IONQ, PL, ACHR, etc.).
Every day, the system ranks them three ways and picks 7 best in each
1) RSI (21-day window) momentum
2) 45-day moving-momentum (45-day window)
3) 10-day cumulative return
Each filter is a top-7 selector. The final set is the union of these picks; duplicates are collapsed so you end up with up to 21 names.
All selected assets are equally weighted (every name gets the same share of capital). Rebalance is daily. Expect higher turnover and volatility given the niche, meme-like universe and momentum signals. This is not a fundamental, buy-and-hold strategy; it aims to capture short- to medium-term price trends through simple momentum rules.
Out-of-sample edge: Sharpe 1.83 vs SPY 0.83; Calmar 4.95. OOS annualized return ~260%, max drawdown ~52% vs SPY ~19%. A high-upside, momentum-driven meme/tech basket with stronger risk-adjusted performance.
1M
3M
6M
YTD
1Y
3Y
Max
Performance
Compared to selected benchmarks
| Alpha | Beta | R2 | R | |
|---|---|---|---|---|
| 1.5 | 2.4 | 0.21 | 0.46 |
Performance Metrics
| Cumulative Return | Annualized Return | Trailing 1M Return | Trailing 3M Return | Sharpe Ratio | |
|---|---|---|---|---|---|
| 21.98% | 12.63% | -1.77% | 0.2% | 0.77 | |
| 960% | 310.89% | 15.41% | 42.99% | 2.01 |
Initial Investment
$10,000.00
Final Value
$106,000.15Regulatory Fees
$126.98
Total Slippage
$610.21
Invest in this strategy
OOS Start Date
Nov 30, 2024
Trading Setting
Daily
Type
Stocks
Category
Equities, momentum, niche tech/space stocks, high volatility
Tickers in this symphonyThis symphony trades 21 assets in total
Ticker
Type
ACHR
Archer Aviation Inc.
Stocks
ASTS
AST SpaceMobile, Inc. Class A Common Stock
Stocks
BKSY
BlackSky Technology Inc.
Stocks
HIMS
Hims & Hers Health, Inc.
Stocks
IONQ
IonQ, Inc.
Stocks
JOBY
Joby Aviation, Inc.
Stocks
KULR
KULR Technology Group, Inc.
Stocks
LUNR
Intuitive Machines, Inc. Class A Common Stock
Stocks
NNE
Nano Nuclear Energy Inc. Common Stock
Stocks
OKLO
Oklo Inc.
Stocks