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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

Chases short‑term momentum in small, hype‑driven tech/space names. Ranks a fixed list by 21‑day RSI, 45‑day trend, and 10‑day gains; buys the top names from each and rebalances daily. Expect very high volatility, turnover, and sharp drawdowns.
NutHow it works
It starts with ~21 flashy, high-volatility tech names (space: RKLB, LUNR, PL, BKSY; e‑VTOL: JOBY, ACHR; quantum: IONQ, RGTI, QBTS; AI: SOUN, PLTR; nuclear: SMR, OKLO; fintech: SOFI; health: HIMS, etc.). It builds 3 lists: best 21‑day RSI (recent buying), strongest vs 45‑day average (trend), and best 10‑day gain. It buys the top 7 from each, combines them (overlaps get extra weight), and rebalances daily.
CheckmarkValue prop
Out-of-sample, this momentum strategy offers superior risk-adjusted performance vs the S&P: Sharpe ~1.83 vs 0.83, Calmar ~4.95, and ~260% annualized return vs ~15% SPY. Note higher drawdowns (~53%) but far larger upside.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
1.482.410.210.46
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
24.58%14.39%-0.15%0.4%0.86
Just Memes III 11-29-24
916.22%312.98%0.04%25.51%2.01
Initial Investment
$10,000.00
Final Value
$101,621.82
Regulatory Fees
$123.54
Total Slippage
$593.53
Invest in this strategy
OOS Start Date
Nov 30, 2024
Trading Setting
Daily
Type
Stocks
Category
Momentum, small-cap tech, meme stocks, high volatility, daily rebalancing
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

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, RDW, ASTS, IONQ, RKLB, BKSY, PLTR, RCATandPL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Just Memes III 11-29-24" has returned 168.55%. 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, and options.