APP Applovin Corp - Class A
TREND FOLLOWING PERFORMANCE HISTORY
2026-05-31
Executive Summary
The quantitative backtest for APP (Applovin Corp - Class A) using the Excess Return MMA CA* strategy in a Trading context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -51.2% (compared to the benchmark's drawdown of -91.9%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 88.4%, compared to a Buy-and-Hold benchmark return of 50.5%. The strategy executed 53 total trades.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA Active
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Available in Investing Mode
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
Available in Investing Mode
APP Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | Full History | |||
|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 11.03% | 59.61% | 78.99% | 54.97% | 88.37% | 50.48% |
| Sharpe Ratio | 0.24 | 0.65 | 1.18 | 0.58 | 1.24 | 0.53 |
| Max Drawdown | -51.24% | -49.99% | -51.24% | -91.90% | -51.24% | -91.90% |
| % Time Invested | 64.7% | 100.0% | 61.5% | 100.0% | 67.0% | 100.0% |
| Trades / Year | 15.0 | 0.0 | 10.6 | 0.0 | 11.6 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open / Mark-to-Market exit denotes a position currently held active, valued at the latest price. Interest entries record cash yields accrued during out-of-market periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason |
|---|---|---|---|---|---|---|---|
| 2026-05-18 | Open | Open | 33.33% | $496.49 | $613.09 | 23.48% | Mark-to-Market |
| 2026-04-16 | Open | Open | 33.33% | $484.00 | $613.09 | 26.67% | Mark-to-Market |
| 2026-05-04 | Open | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.35% | Mark-to-Market |
| 2026-05-04 | 2026-05-18 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.18% | Interest Income |
| 2026-04-24 | 2026-05-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income |
| 2026-04-24 | 2026-05-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income |
| 2026-04-21 | 2026-04-24 | Completed | 33.33% | $489.50 | $455.00 | -7.05% | Stop |
| 2026-04-21 | 2026-04-24 | Completed | 33.33% | $489.50 | $455.00 | -7.05% | Stop |
| 2026-03-17 | 2026-04-21 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income |
| 2026-03-03 | 2026-04-21 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.48% | Interest Income |
| 2026-03-20 | 2026-04-16 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.26% | Interest Income |
| 2026-02-27 | 2026-03-20 | Completed | 33.33% | $431.79 | $432.49 | 0.16% | Stop |
| 2026-02-27 | 2026-03-17 | Completed | 33.33% | $431.79 | $450.32 | 4.29% | Signal |
| 2026-02-04 | 2026-03-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.22% | Interest Income |
| 2026-02-04 | 2026-02-27 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.26% | Interest Income |
| 2026-01-07 | 2026-02-27 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.64% | Interest Income |
| 2026-01-30 | 2026-02-04 | Completed | 33.33% | $559.79 | $402.00 | -28.19% | Stop |
| 2026-01-30 | 2026-02-04 | Completed | 33.33% | $559.79 | $402.00 | -28.19% | Stop |
| 2026-01-07 | 2026-01-30 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.26% | Interest Income |
| 2026-01-07 | 2026-01-30 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.26% | Interest Income |
| 2025-12-10 | 2026-01-07 | Completed | 33.33% | $717.16 | $618.00 | -13.83% | Stop |
| 2025-12-10 | 2026-01-07 | Completed | 33.33% | $717.16 | $618.00 | -13.83% | Stop |
| 2025-12-10 | 2026-01-07 | Completed | 33.33% | $717.16 | $618.00 | -13.83% | Stop |
| 2025-11-17 | 2025-12-10 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income |
| 2025-11-17 | 2025-12-10 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income |
| 2025-11-17 | 2025-12-10 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income |
| 2025-10-31 | 2025-11-17 | Completed | 33.33% | $621.56 | $554.45 | -10.80% | Stop |
| 2025-10-29 | 2025-11-17 | Completed | 33.33% | $627.41 | $554.45 | -11.63% | Stop |
| 2025-10-29 | 2025-11-17 | Completed | 33.33% | $627.41 | $554.45 | -11.63% | Stop |
| 2025-10-07 | 2025-10-31 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.24% | Interest Income |
| 2025-10-07 | 2025-10-29 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.20% | Interest Income |
| 2025-10-07 | 2025-10-29 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.20% | Interest Income |
| 2025-07-18 | 2025-10-07 | Completed | 33.33% | $372.59 | $595.22 | 59.75% | Stop |
| 2025-07-15 | 2025-10-07 | Completed | 33.33% | $348.00 | $595.22 | 71.04% | Stop |
| 2025-07-01 | 2025-10-07 | Completed | 33.33% | $347.00 | $595.22 | 71.53% | Stop |
| 2025-06-20 | 2025-07-18 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.58% | Interest Income |
| 2025-06-20 | 2025-07-15 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.50% | Interest Income |
| 2025-06-03 | 2025-07-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.45% | Interest Income |
| 2025-05-16 | 2025-06-20 | Completed | 33.33% | $369.26 | $344.23 | -6.78% | Stop |
| 2025-04-25 | 2025-06-20 | Completed | 33.33% | $272.30 | $344.23 | 26.42% | Stop |
| 2025-05-28 | 2025-06-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income |
| 2025-04-22 | 2025-05-28 | Completed | 33.33% | $232.00 | $381.38 | 64.39% | Signal |
| 2025-05-02 | 2025-05-16 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.13% | Interest Income |
| 2025-03-28 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income |
| 2025-03-28 | 2025-04-25 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income |
| 2025-03-28 | 2025-04-22 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.30% | Interest Income |
| 2025-03-26 | 2025-03-28 | Completed | 33.33% | $340.50 | $286.81 | -15.77% | Stop |
| 2025-03-18 | 2025-03-28 | Completed | 33.33% | $299.50 | $286.81 | -4.24% | Stop |
| 2025-03-18 | 2025-03-28 | Completed | 33.33% | $299.50 | $286.81 | -4.24% | Stop |
| 2025-02-24 | 2025-03-26 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income |
| 2025-02-24 | 2025-03-18 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.22% | Interest Income |
| 2025-02-24 | 2025-03-18 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.22% | Interest Income |
| 2025-01-06 | 2025-02-24 | Completed | 33.33% | $358.88 | $411.86 | 14.76% | Stop |
| 2025-01-06 | 2025-02-24 | Completed | 33.33% | $358.88 | $411.86 | 14.76% | Stop |
| 2025-01-06 | 2025-02-24 | Completed | 33.33% | $358.88 | $411.86 | 14.76% | Stop |
| 2024-12-11 | 2025-01-06 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.41% | Interest Income |
| 2024-12-11 | 2025-01-06 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.41% | Interest Income |
| 2024-12-11 | 2025-01-06 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.41% | Interest Income |
| 2024-09-06 | 2024-12-11 | Completed | 33.33% | $88.19 | $327.60 | 271.47% | Stop |
| 2024-08-27 | 2024-12-11 | Completed | 33.33% | $88.99 | $327.60 | 268.13% | Stop |
| 2024-08-23 | 2024-12-11 | Completed | 33.33% | $90.11 | $327.60 | 263.56% | Stop |
| 2024-08-05 | 2024-09-06 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.46% | Interest Income |
| 2024-08-05 | 2024-08-27 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.30% | Interest Income |
| 2024-08-02 | 2024-08-23 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income |
| 2023-12-20 | 2024-08-05 | Completed | 33.33% | $43.61 | $62.09 | 42.38% | Stop |
| 2023-11-17 | 2024-08-05 | Completed | 33.33% | $39.19 | $62.09 | 58.43% | Stop |
| 2024-08-01 | 2024-08-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2024-07-11 | 2024-08-01 | Completed | 33.33% | $85.00 | $78.89 | -7.19% | Signal |
| 2024-06-17 | 2024-07-11 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.39% | Interest Income |
| 2024-05-23 | 2024-06-17 | Completed | 33.33% | $81.51 | $77.67 | -4.71% | Signal |
| 2024-05-01 | 2024-05-23 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income |
| 2024-01-03 | 2024-05-01 | Completed | 33.33% | $37.94 | $70.73 | 86.43% | Signal |
| 2023-12-08 | 2024-01-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.44% | Interest Income |
| 2023-10-26 | 2023-12-20 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.87% | Interest Income |
| 2023-11-20 | 2023-12-08 | Completed | 33.33% | $39.16 | $36.53 | -6.72% | Signal |
| 2023-10-27 | 2023-11-20 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.26% | Interest Income |
| 2023-10-26 | 2023-11-17 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.38% | Interest Income |
| 2023-10-25 | 2023-10-27 | Completed | 33.33% | $38.32 | $36.77 | -4.04% | Signal |
| 2023-04-04 | 2023-10-26 | Completed | 33.33% | $15.92 | $36.40 | 128.64% | Stop |
| 2023-03-22 | 2023-10-26 | Completed | 33.33% | $14.27 | $36.40 | 155.08% | Stop |
| 2023-10-03 | 2023-10-25 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income |
| 2023-07-18 | 2023-10-03 | Completed | 33.33% | $28.70 | $40.32 | 40.49% | Signal |
| 2023-06-23 | 2023-07-18 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.44% | Interest Income |
| 2023-03-28 | 2023-06-23 | Completed | 33.33% | $14.11 | $23.30 | 65.13% | Signal |
| 2022-12-02 | 2023-04-04 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.87% | Interest Income |
| 2023-02-28 | 2023-03-28 | Interest (FLOT) | 33.33% | $1.00 | $0.99 | -0.80% | Interest Income |
| 2023-02-28 | 2023-03-22 | Interest (FLOT) | 33.33% | $1.00 | $0.99 | -0.51% | Interest Income |
| 2023-02-07 | 2023-02-28 | Completed | 33.33% | $12.58 | $13.34 | 6.04% | Stop |
| 2023-01-11 | 2023-02-28 | Completed | 33.33% | $10.40 | $13.34 | 28.27% | Stop |
| 2022-12-02 | 2023-02-07 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.49% | Interest Income |
| 2022-12-02 | 2023-01-11 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.86% | Interest Income |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-09-28 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.24% | Interest Income |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-09-20 | 2022-09-28 | Completed | 33.33% | $22.25 | $20.45 | -8.09% | Signal |
| 2022-09-02 | 2022-09-20 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.24% | Interest Income |
| 2022-08-16 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.14% | Interest Income |
| 2022-08-16 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.14% | Interest Income |
| 2022-03-02 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income |
| 2022-08-04 | 2022-08-16 | Completed | 33.33% | $35.93 | $33.53 | -6.68% | Stop |
| 2022-07-08 | 2022-08-16 | Completed | 33.33% | $36.45 | $33.53 | -8.01% | Stop |
| 2022-03-02 | 2022-08-04 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.17% | Interest Income |
| 2022-06-13 | 2022-07-08 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income |
| 2022-05-27 | 2022-06-13 | Completed | 33.33% | $37.22 | $34.18 | -8.17% | Stop |
| 2022-04-19 | 2022-05-27 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income |
| 2022-03-25 | 2022-04-19 | Completed | 33.33% | $55.60 | $46.85 | -15.74% | Stop |
| 2022-03-02 | 2022-03-25 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2022-02-18 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.00% | Interest Income |
| 2022-02-18 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.00% | Interest Income |
| 2022-01-11 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2022-02-14 | 2022-02-18 | Completed | 33.33% | $69.73 | $63.07 | -9.55% | Stop |
| 2022-02-03 | 2022-02-18 | Completed | 33.33% | $63.03 | $63.07 | 0.06% | Stop |
| 2022-01-11 | 2022-02-14 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.13% | Interest Income |
| 2022-01-11 | 2022-02-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income |
| 2022-01-03 | 2022-01-11 | Completed | 33.33% | $95.00 | $82.36 | -13.31% | Stop |
| 2021-12-16 | 2022-01-11 | Completed | 33.33% | $89.92 | $82.36 | -8.40% | Stop |
| 2021-12-16 | 2022-01-11 | Completed | 33.33% | $89.92 | $82.36 | -8.40% | Stop |
| 2021-11-23 | 2022-01-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2021-11-23 | 2021-12-16 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2021-11-23 | 2021-12-16 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2021-10-27 | 2021-11-23 | Completed | 33.33% | $95.24 | $93.98 | -1.32% | Stop |
| 2021-10-27 | 2021-11-23 | Completed | 33.33% | $95.24 | $93.98 | -1.32% | Stop |
| 2021-10-27 | 2021-11-23 | Completed | 33.33% | $95.24 | $93.98 | -1.32% | Stop |
| 2021-10-25 | 2021-10-27 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income |
| 2021-10-25 | 2021-10-27 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income |
| 2021-10-25 | 2021-10-27 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income |