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Strategy Name Dobermans of the Dow
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This strategy is a slightly modified version of the 'Dobermans of the Dow' strategy introduced by Michael Cannivet in Forbes magazine in 2019. Unlike the original strategy, we do not rank the components of the DJIA index by ROE (Return On Equity) and FCF (Free Cash Flow), but set the filtering criteria so that the stocks have ROE and FCF above the threshold values. Next, we rank the selected stocks by FCF in descending order and take the top ten. To do this, we use the 'Prioritize Stocks by' parameter and limit the portfolio size to 10 positions. Conditions for closing a position are not set, but the portfolio is rebalanced annually.
Type of Positions Long
 Position Opening 
Criteria for Opening a Position: index(dow) and roe > 10 and fcf_yield > 5
Prioritize Stocks by [?] Highest FCF Yield
Order Execution Model: Close Prices
 Backtest Parameters 
Initial Capital: $10,000
Capital at Risk: 10% per trade
Portfolio Max Size: 10 positions
Comm. per Trade: 0.1%  
Close position at the end of: Year
Period: 1/1/2020 - 12/31/2020
The report displays results for the current year only. Please sign up to view the full report.
 Results 
Total Profit: $-738   Total Trades: 10  
Capital Growth:-7.38%   Profit Trades, % of Total:30%  
Profit Factor: [?] 0.05  Avg Trade Duration, days:102  
Payoff Ratio: [?] 0.13   Avg Profit per Trade:-7.93%  
Max Drawdown:8%   Avg Profit per Day:-0.078%  
Restoration Factor: [?] -0.98   Avg Market Impact: [?]
Minor  
 
Avg Annual Return: -7.38%   Overall Viability Score: [?]
1 / 10
 
 Equity Graph 
 Performance 
YearTotal JanFeb MarAprMay JunJulAug SepOctNov Dec
2020 -7.38 -2.66 -9.50 -6.70 7.91 2.97 1.41
    Export   
Performed Trades: All  
 Symbol Entry Date Entry Price, $ Exit Date Exit Price, $ Shares Profit, $  Exit On  MI [?]
 TRV 01/24/2020 134.78 06/03/2020 114.47 7 -143.91  Period End Minor
 UNH 01/21/2020 300.53 06/03/2020 305.35 3 12.64  Period End Minor
 IBM 01/02/2020 135.42 06/03/2020 129.05 7 -46.44  Period End Minor
 WBA 01/02/2020 59.08 06/03/2020 43.61 16 -249.16  Period End Minor
 AXP 01/02/2020 125.85 06/03/2020 105.40 7 -144.77  Period End Minor
 CSCO 01/02/2020 48.42 06/03/2020 46.94 20 -31.51  Period End Minor
 VZ 01/02/2020 61.05 06/03/2020 56.83 16 -69.41  Period End Minor
 INTC 01/02/2020 60.84 06/03/2020 61.93 16 15.48  Period End Minor
 MMM 01/02/2020 180.00 06/03/2020 161.21 5 -95.66  Period End Minor
 JNJ 01/02/2020 145.97 06/03/2020 148.65 6 14.31  Period End Minor



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