As you can guess from the name, this strategy completely replicates the 'Dogs of the Dow' strategy but selects only 5 tickers with the lowest price. That is, out of the 10 highest dividend yielding stocks of the Dow Jones Industrial Average index, we select only the 5 lowest-priced stocks. The strategy requires re-balancing at the beginning of each calendar year.
Type of Positions
Long
Position Opening
Criteria for Opening a Position:
index(dow) and sortby(dvd_yield,desc,10)
Prioritize Stocks by [?]
Lowest Price
Order Execution Model:
Close Prices
Backtest Parameters
Initial Capital:
$10,000
Capital at Risk:
20%
per trade
Portfolio Max Size:
5 positions
Comm. per Trade:
0.05%
Avg Bid-Ask Spread:
0.1%
Close position at the end of:
Year
Period:
1/1/2024 - 12/31/2024
The backtester displays results for the current year only. Please sign up to view the full report.
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.
