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

About

Daily Tesla-focused momentum: hold TSLA when it’s strong but not overheated; otherwise hold SPY if the market is trending up, or sit in BIL (short‑term T‑bills) when conditions are weak.
NutHow it works
Daily check. RSI is a 0–100 score of how fast price has risen vs fallen. - If TSLA (Tesla) 5‑day RSI > 65 and 15‑day RSI ≤ 85: own TSLA. - If 15‑day RSI > 85: move to BIL (short‑term T‑bills). - If 5‑day RSI ≤ 65: if SPY (S&P 500 ETF) is above its 200‑day average, own SPY; otherwise hold BIL.
CheckmarkValue prop
Out-of-sample edge: 17.26% annualized vs SPY’s 15.93%, with ~0.11% annual alpha. TSLA momentum when strong, SPY in uptrends, plus cash when overheated—seeking higher upside with disciplined risk. Higher drawdowns (~25% vs ~19%).
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.260.60.10.32
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
742.02%14.89%1.36%5.73%0.9
Tesla Momentum
9,796.2%34.89%7.23%14.14%1.08
Initial Investment
$10,000.00
Final Value
$989,619.54
Regulatory Fees
$4,593.36
Total Slippage
$31,443.66
Invest in this strategy
OOS Start Date
Nov 14, 2024
Trading Setting
Daily
Type
Stocks
Category
Momentum, trend following, tactical allocation, single-stock, risk-on/risk-off, daily rebalance
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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 17.26%. 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, crypto, and options.