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

About

Daily momentum on a small basket of meme/space/crypto names. Picks the strongest by recent “heat” (RSI and 10–45 day gains) and splits cash equally. Very high risk; includes a 2x Coinbase ETF, so expect big swings and frequent turnover.
NutHow it works
It starts with 8 hype‑prone names: space (RKLB, LUNR, ASTS), crypto‑linked (MSTR, CONL—2x Coinbase), EV (RIVN), AI/software (PLTR), health (CLOV). Each day it runs 3 “heat” checks: (1) RSI(21)=more up than down days lately, (2) 45‑day average return, (3) 10‑day return. It takes the top 3 from each test, keeps any name that shows up, then splits cash equally across them. Rebalanced daily; very volatile.
CheckmarkValue prop
Out-of-sample momentum strategy in meme/space/crypto offers superior risk-adjusted gains vs S&P: Sharpe ~1.89 vs ~1.02, alpha ~0.90%, Calmar ~4.94. Expect larger swings and ~37% drawdowns vs SPY’s ~19%, with upside in risk-on markets.

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Invest in this strategy
OOS Start Date
Oct 5, 2024
Trading Setting
Daily
Type
Stocks
Category
Momentum, meme stocks, high volatility, daily rebalance, leveraged etf, crypto-linked, space/aerospace, evs, short-term
Tickers in this symphonyThis symphony trades 8 assets in total
Ticker
Type
ASTS
AST SpaceMobile, Inc. Class A Common Stock
Stocks
CLOV
Clover Health Investments, Corp
Stocks
CONL
GraniteShares ETF Trust GraniteShares 2x Long COIN Daily ETF
Stocks
LUNR
Intuitive Machines, Inc. Class A Common Stock
Stocks
MSTR
Strategy Inc Common Stock Class A
Stocks
PLTR
Palantir Technologies Inc. Class A Common Stock
Stocks
RIVN
Rivian Automotive, Inc. Class A Common Stock
Stocks
RKLB
Rocket Lab Corporation Common Stock
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" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Just Memes" is currently allocated toLUNR, CONL, ASTS, RKLB, MSTRandPLTR. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Just Memes" has returned 134.18%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Just Memes" is 37.01%. 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", 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.