Just Memes III 11-29-24
Today’s Change (Oct 22, 2026)
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A symphony is an automated trading strategy — Learn more about symphonies here
About
A daily-updated momentum strategy that chases the hottest speculative tech and space stocks, favoring names that have been rising the fastest over the last few weeks to two months.
This strategy starts with a small group of very volatile “story stocks” in areas like space, AI, quantum computing, drones, nuclear energy, and flying taxis.
Each day, it looks for the 7 stocks with the strongest recent price momentum using 3 different scorecards: about 2 weeks, 1 month, and 2 months.
It then spreads money roughly evenly across those winners, giving extra weight to stocks that rank well on more than one scorecard.
Out-of-sample annualized return ~56% vs S&P ~15%, with Sharpe ~0.95 and Calmar ~0.95. Momentum in hot tech themes offers higher risk-adjusted upside, but with larger drawdowns than the S&P.
1M
3M
6M
YTD
1Y
3Y
Max
Performance
Compared to selected benchmarks
| Alpha | Beta | R2 | R | |
|---|---|---|---|---|
| 0.8 | 2.58 | 0.24 | 0.49 |
Performance Metrics
| Cumulative Return | Annualized Return | Trailing 1M Return | Trailing 3M Return | Sharpe Ratio | |
|---|---|---|---|---|---|
| 41.67% | 16.59% | -0.05% | 3.57% | 1.02 | |
| 601.05% | 135.83% | -21.78% | -27.16% | 1.42 |
Initial Investment
$10,000.00
Final Value
$70,104.70Regulatory Fees
$203.85
Total Slippage
$1,089.71
Invest in this strategy
OOS Start Date
Nov 30, 2024
Trading Setting
Daily
Type
Stocks
Category
Equities, momentum, meme stocks, speculative growth, frontier tech, small-cap, daily rebalance
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