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Symphonies
Just Memes III 11-29-24
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily momentum strategy in speculative tech (space/AI/quantum/eVTOL/nuclear). It ranks the same basket 3 ways over 10–45 days, buys the strongest, equal-weights, and rebalances daily. High risk and frequent trading.
NutHow it works
Starts with a small basket of “frontier tech” names (space, AI, quantum, air taxis, new nuclear, fintech/telehealth). Each day it makes 3 scorecards: 1) many recent up-days vs down-days over ~1 month, 2) trading well above its ~2-month typical price, 3) biggest ~2-week gainers. It picks the top 7 from each, combines them (overlaps get favored), splits money evenly, and refreshes daily. Expect high turnover/volatility.
CheckmarkValue prop
Out-of-sample, this daily frontier-tech momentum strategy targets far higher upside than the S&P: ~170% annualized vs ~14–15%, with a Sharpe ~1.52 and Calmar ~3.24. Bigger swings and ~53% drawdowns—high upside in rallies, high risk in pullbacks.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
1.522.340.220.47
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
24.08%16.7%1.36%5.73%0.94
Just Memes III 11-29-24
709.65%346.95%-6.27%32.4%2.09
Initial Investment
$10,000.00
Final Value
$80,964.70
Regulatory Fees
$99.59
Total Slippage
$475.65
Invest in this strategy
OOS Start Date
Nov 30, 2024
Trading Setting
Daily
Type
Stocks
Category
Momentum, small-cap growth, space/ai/quantum, thematic tech, high volatility, daily rebalance, meme stocks
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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.

"Just Memes III 11-29-24" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Just Memes III 11-29-24" is currently allocated toRGTI, LUNR, OKLO, SOFI, KULR, JOBY, ACHR, ASTS, RKLB, BKSY, RCAT, QBTSandPL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Just Memes III 11-29-24" has returned 170.68%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Just Memes III 11-29-24" is 52.67%. 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 "Just Memes III 11-29-24", 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, crypto, and options.