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Symphonies
What is overfit? 0.0.0.1
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

If the market looks “too hot,” it flips to UVXY (aims to pop when stocks fall). Otherwise it rides the Nasdaq (QQQ): 3× (TQQQ) in uptrends, 2× (QLD) or T‑Bills (BIL) in downtrends after big up days. A tactical, very aggressive approach.
NutHow it works
Watches a 10‑day “hotness” score (RSI: 0–100; >80 = very hot) for many stock funds across the market (SPY, tech, value/growth, consumer, comms, financials). If any look too hot, it buys UVXY—a fund that often jumps when stocks drop. Otherwise it rides QQQ’s trend: if QQQ is above its 200‑day average (≈10 months), hold QQQ or 3× QQQ (TQQQ); if below, hold 2× QQQ (QLD) or T‑Bills (BIL) after unusually big up days.
CheckmarkValue prop
Leverages Nasdaq trends with a built-in UVXY hedge. When overheated, switch to long volatility; otherwise ride QQQ with leverage. Out-of-sample Sharpe ~1.50 vs S&P ~0.98; Calmar ~2.32—strong upside, but bear markets can show larger drawdowns.

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Invest in this strategy
OOS Start Date
Jul 8, 2024
Trading Setting
Threshold 10%
Type
Stocks
Category
Market timing, rsi overbought trigger, long volatility hedge, trend following, nasdaq-focused, leveraged etfs
Tickers in this symphonyThis symphony trades 15 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
FAS
Direxion Daily Financial Bull 3x Shares
Stocks
QLD
ProShares Ultra QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
TECL
Direxion Daily Technology Bull 3x Shares
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures ETF
Stocks
VOOG
Vanguard S&P 500 Growth ETF
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.

"What is overfit? 0.0.0.1" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"What is overfit? 0.0.0.1" is currently allocated toTQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "What is overfit? 0.0.0.1" has returned 124.18%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "What is overfit? 0.0.0.1" is 51.85%. 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 "What is overfit? 0.0.0.1", 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.