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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

Rides Tesla when short‑term momentum is strong but not overheated; if Tesla is extremely hot, or weak, it either shifts to the S&P 500 when in an uptrend or parks in T‑bills. Rebalanced daily.
NutHow it works
What it owns, one at a time: TSLA (Tesla), SPY (S&P 500), or BIL (very short‑term U.S. T‑bills; cash‑like). Checked daily. - If Tesla’s 5‑day RSI (a 0–100 “speedometer” of recent gains) is above 65, buy TSLA—unless its 15‑day RSI is above 85 (too hot), then hold BIL. - Otherwise, hold SPY only if its price is above its 200‑day average (uptrend); if not, hold BIL.
CheckmarkValue prop
Dynamic TSLA/SPY/cash rotation uses momentum and trend signals to diversify and protect downside. Out-of-sample: 13.25% annualized return, Calmar 0.53, beta 0.59—plus a cash hedge during risk spikes, a complementary, lower‑correlation sleeve to SPY.

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Invest in this strategy
OOS Start Date
Nov 14, 2024
Trading Setting
Daily
Type
Stocks
Category
Single-stock momentum, trend following, market regime filter, etf rotation, daily rebalancing
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 toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Tesla Momentum" has returned 10.87%. 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.