Skip to Content
Symphonies
Tesla Momentum
Today’s Change
—

A symphony is an automated trading strategy — Learn more about symphonies here

About

Buys Tesla when it’s strong, steps to cash‑like T‑bills if Tesla looks overheated, and otherwise owns the broad U.S. market in uptrends (SPY) or T‑bills in downtrends. Rules are checked and rebalanced daily.
NutHow it works
Each day the strategy checks Tesla’s recent strength using RSI (a 0–100 gauge of how fast price has risen/fallen). If TSLA’s 5‑day RSI > 65, buy TSLA—unless its 15‑day RSI > 85 (too hot), then hold BIL (cash‑like T‑bills). If TSLA isn’t strong, hold SPY (tracks the S&P 500) when it’s above its 200‑day average; otherwise hold BIL.
CheckmarkValue prop
Regime-driven, 100% allocation: TSLA momentum when strong, BIL in heat or down markets, SPY in uptrends. Out-of-sample: Sharpe ~0.58, annualized ~13.3%, max drawdown ~25%, beta ~0.59—offering diversification and lower market sensitivity versus SPY.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.250.60.10.32
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
776.91%14.81%9.27%4.88%0.9
Tesla Momentum
9,320.83%33.53%3.8%-0.39%1.05
Initial Investment
$10,000.00
Final Value
$942,082.97
Regulatory Fees
$4,915.40
Total Slippage
$33,720.34
Invest in this strategy
OOS Start Date
Nov 14, 2024
Trading Setting
Daily
Type
Stocks
Category
Momentum, rsi-based, tactical asset allocation, single-stock tilt, trend-following, us equities, cash alternative
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TSLA
Tesla, Inc. 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.

"Tesla Momentum" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Tesla Momentum" is currently allocated toTSLA. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Tesla Momentum" has returned 10.30%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Tesla Momentum" is 25.11%. 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 "Tesla Momentum", 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.