MarketInOut Stock Screener Please enable JavaScript to view this page content properly Log In | Sign Up
 
Strategy Builder
My Strategies
Popular Strategies
Backtest Log
Optimization
Strategy Name Dobermans of the Dow
Create a Copy 
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: 0.05%  
Avg Bid-Ask Spread: 0.1%  
Close position at the end of: Year
Period: 1/1/2021 - 12/31/2021
The report displays results for the current year only. Please sign up to view the full report.
 Results 
Total Profit: $257   Total Trades: 9  
Capital Growth:2.57%   Profit Trades, % of Total:67%  
Profit Factor: [?] 4.59  Avg Trade Duration, days:9  
Payoff Ratio: [?] 2.29   Avg Profit per Trade:2.98%  
Max Drawdown:0%   Avg Profit per Day:0.33%  
Max Drawdown, $: 44   Avg Market Impact: [?]
Minor  
 
Restoration Factor: [?] 5.82   Overall Viability Score: [?]
10 / 10
 
Avg Annual Return: 2.57%  
 Equity Graph 
 Performance 
YearTotal JanFeb MarAprMay JunJulAug SepOctNov Dec
2021 2.57 2.57
    Export   
Performed Trades: All  
 Symbol Entry Date Entry Price, $ Exit Date Exit Price, $ Shares Profit, $  Exit On  MI [?]
 IBM 01/04/2021 123.94 01/15/2021 128.39 8 33.56  Period End Minor
 INTC 01/04/2021 49.67 01/15/2021 57.58 20 155.98  Period End Minor
 CSCO 01/04/2021 43.96 01/15/2021 45.43 22 30.36  Period End Minor
 VZ 01/04/2021 58.85 01/15/2021 57.38 16 -25.37  Period End Minor
 AMGN 01/04/2021 226.66 01/15/2021 245.49 4 73.39  Period End Minor
 HD 01/04/2021 263.92 01/15/2021 275.59 3 33.37  Period End Minor
 MMM 01/04/2021 171.87 01/15/2021 165.55 5 -33.27  Period End Minor
 UNH 01/04/2021 349.50 01/15/2021 351.30 2 2.20  Period End Minor
 WMT 01/04/2021 146.53 01/15/2021 144.64 6 -13.08  Period End Minor

Backtesting Results Disclaimer
Past hypothetical backtest results are neither an indicator nor a guarantee of future returns. Actual results may vary from the analysis. Hypothetical performance results have many inherent limitations and cannot fully account for market factors such as bid-ask spread, slippage, and commission costs. There are numerous other factors related to the markets, which cannot be fully accounted for in the backtesting algorithm, but all of which can adversely affect actual trading results.



Disclaimer - Privacy Policy - Cookie Use Policy - FAQ - Contact Us
Copyright ©2008-2021 MarketInOut.com. All rights reserved.