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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

Daily momentum on a basket of meme‑adjacent frontier‑tech stocks. Picks leaders by 10‑day gains, a 21‑day strength score (RSI), and a 45‑day trend, then spreads money across them. Very high risk and high turnover.
NutHow it works
It starts with a basket of “frontier tech” stocks (rockets/satellites, AI, quantum computing, eVTOL air taxis, advanced nuclear, fintech, telehealth). Each day it runs three simple checks: 10‑day gain, a 21‑day “strength” score (RSI = more recent up‑days than down‑days), and a 45‑day trend vs average. It picks the top 7 from each, combines them, and splits money evenly. Names that show up in multiple checks get a bigger slice. Rebalanced daily.
CheckmarkValue prop
Out-of-sample edge: Sharpe ~1.83 vs SPY ~0.83; Calmar ~4.95; annualized return ~260% vs SPY ~14.8%. Higher risk, but a momentum frontier-tech basket targets stronger, regime-dependent upside with superior risk-adjusted rewards.

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Invest in this strategy
OOS Start Date
Nov 30, 2024
Trading Setting
Daily
Type
Stocks
Category
Momentum, trend-following, small/micro-cap tech, space/aerospace, ai & quantum, nuclear/energy, high volatility, daily rebalance, long-only
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 toLUNR, RDW, ASTS, HIMS, 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 170.00%. 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.