BX
Blackstone Inc
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for BX (Blackstone Inc) using the Moving Average (50/200)* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -49.3% (compared to the benchmark's drawdown of -49.3%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 10.8%, compared to a Buy-and-Hold benchmark return of 20.9%. The strategy executed 38 total trades.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
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.
Moving Average (50/200) Active
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
🎯 Investment Objective
🛡️ Long-Term Investing Active
Ideal for wealth preservation and multi-year horizons. Optimized for low turnover and tax efficiency.
⚔️ Tactical Trading
Ideal for active capital rotation and momentum-first accounts. Optimized for high sensitivity to price shifts.
Switch to MMA to enable
BX Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 3.11% | -24.37% | -1.29% | 6.37% | 10.84% | 22.07% | 10.79% | 20.89% |
| Sharpe Ratio | 0.24 | -0.80 | -0.06 | 0.16 | 0.46 | 0.56 | 0.45 | 0.54 |
| Max Drawdown | -20.00% | -44.76% | -49.31% | -49.29% | -49.31% | -49.29% | -49.31% | -49.29% |
| % Time Invested | 25.4% | 100.0% | 47.3% | 100.0% | 60.6% | 100.0% | 59.9% | 100.0% |
| Trades / Year | 2.0 | 0.0 | 2.2 | 0.0 | 2.2 | 0.0 | 2.3 | 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 or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Upgrade to Pro to Unlock | ||||||||
| 2025-11-03 | 2025-12-10 | Completed | 100% | $142.39 | $152.83 | 7.28% | Signal | |
| 2025-10-10 | 2025-11-03 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.25% | Interest Income | |
| 2025-08-18 | 2025-10-10 | Completed | 100% | $166.41 | $155.81 | -6.42% | Stop | |
| 2025-04-07 | 2025-08-18 | Interest (CASH) | 100% | $1.00 | $1.02 | 1.56% | Interest Income | |
| 2025-03-19 | 2025-04-07 | Completed | 100% | $139.94 | $115.14 | -17.77% | Stop | |
| 2025-02-25 | 2025-03-19 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-01-16 | 2025-02-25 | Completed | 100% | $166.64 | $151.23 | -9.29% | Stop | |
| 2024-12-20 | 2025-01-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2023-11-13 | 2024-12-20 | Completed | 100% | $90.57 | $158.82 | 75.26% | Stop | |
| 2023-10-20 | 2023-11-13 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.34% | Interest Income | |
| 2023-06-23 | 2023-10-20 | Completed | 100% | $80.22 | $85.56 | 6.60% | Stop | |
| 2023-04-12 | 2023-06-23 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.03% | Interest Income | |
| 2023-03-29 | 2023-04-12 | Completed | 100% | $76.73 | $76.38 | -0.51% | Signal | |
| 2022-04-19 | 2023-03-29 | Interest (CASH) | 100% | $1.00 | $1.03 | 3.09% | Interest Income | |
| 2022-03-30 | 2022-04-19 | Completed | 100% | $113.12 | $97.05 | -14.25% | Stop | |
| 2022-03-08 | 2022-03-30 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2022-02-16 | 2022-03-08 | Completed | 100% | $107.42 | $94.40 | -12.17% | Stop | |
| 2022-01-25 | 2022-02-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2022-01-07 | 2022-01-25 | Completed | 100% | $101.59 | $91.04 | -10.43% | Stop | |
| 2021-12-15 | 2022-01-07 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-10-26 | 2021-12-15 | Completed | 100% | $119.18 | $109.09 | -8.51% | Stop | |
| 2021-10-04 | 2021-10-26 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2020-11-05 | 2021-10-04 | Completed | 100% | $45.68 | $95.77 | 109.52% | Stop | |
| 2020-09-25 | 2020-11-05 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-07-07 | 2020-09-25 | Completed | 100% | $44.60 | $40.63 | -8.94% | Signal | |
| 2020-06-12 | 2020-07-07 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-06-03 | 2020-06-12 | Completed | 100% | $47.44 | $45.94 | -3.19% | Stop | |
| 2020-04-02 | 2020-06-03 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2020-03-23 | 2020-04-02 | Completed | 100% | $29.03 | $32.52 | 11.98% | Stop | |
| 2020-02-28 | 2020-03-23 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2019-10-31 | 2020-02-28 | Completed | 100% | $41.67 | $40.01 | -4.02% | Stop | |
| 2019-10-09 | 2019-10-31 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.10% | Interest Income | |
| 2019-03-20 | 2019-10-09 | Completed | 100% | $27.12 | $36.47 | 34.40% | Stop | |
| 2018-12-11 | 2019-03-20 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.64% | Interest Income | |
| 2018-11-15 | 2018-12-11 | Completed | 100% | $25.01 | $23.73 | -5.16% | Stop | |
| 2018-10-24 | 2018-11-15 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2018-07-06 | 2018-10-24 | Completed | 100% | $25.73 | $25.22 | -2.01% | Stop | |
| 2018-05-15 | 2018-07-06 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2018-04-27 | 2018-05-15 | Completed | 100% | $22.92 | $22.90 | -0.15% | Signal | |
| 2018-04-05 | 2018-04-27 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2016-12-23 | 2018-04-05 | Completed | 100% | $18.42 | $22.79 | 23.65% | Stop | |
| 2016-10-26 | 2016-12-23 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.08% | Interest Income | |
| 2016-09-12 | 2016-10-26 | Completed | 100% | $16.79 | $16.27 | -3.17% | Signal | |
| 2015-09-17 | 2016-09-12 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2015-09-04 | 2015-09-17 | Completed | 100% | $19.93 | $20.78 | 4.24% | Signal | |
| 2015-08-13 | 2015-09-04 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-11-25 | 2015-08-13 | Completed | 100% | $18.75 | $22.80 | 21.52% | Stop | |
| 2014-10-29 | 2014-11-25 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-10-27 | 2014-10-29 | Completed | 100% | $17.14 | $17.16 | 0.08% | Signal | |
| 2014-10-03 | 2014-10-27 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-05-02 | 2014-10-03 | Completed | 100% | $16.02 | $17.07 | 6.52% | Stop | |
| 2014-04-09 | 2014-05-02 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2013-07-18 | 2014-04-09 | Completed | 100% | $11.77 | $16.78 | 42.46% | Stop | |
| 2013-06-25 | 2013-07-18 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2012-12-11 | 2013-06-25 | Completed | 100% | $7.52 | $10.56 | 40.27% | Stop | |
| 2012-11-16 | 2012-12-11 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2012-09-28 | 2012-11-16 | Completed | 100% | $7.14 | $6.84 | -4.28% | Stop | |
| 2012-07-12 | 2012-09-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2012-07-05 | 2012-07-12 | Completed | 100% | $6.67 | $6.23 | -6.65% | Stop | |
| 2012-05-29 | 2012-07-05 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2012-05-15 | 2012-05-29 | Completed | 100% | $6.06 | $6.12 | 0.93% | Signal | |
| 2012-04-23 | 2012-05-15 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2012-02-08 | 2012-04-23 | Completed | 100% | $8.09 | $6.73 | -16.85% | Stop | |
| 2011-08-05 | 2012-02-08 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2011-06-10 | 2011-08-05 | Completed | 100% | $7.90 | $6.65 | -15.84% | Stop | |
| 2011-05-18 | 2011-06-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2010-11-08 | 2011-05-18 | Completed | 100% | $6.51 | $8.07 | 23.82% | Stop | |
| 2010-06-03 | 2010-11-08 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2010-06-01 | 2010-06-03 | Completed | 100% | $4.77 | $4.78 | 0.24% | Signal | |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-02-17 | 2010-05-07 | Completed | 100% | $5.94 | $5.71 | -3.84% | Stop | |
| 2010-01-25 | 2010-02-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2009-11-19 | 2010-01-25 | Completed | 100% | $6.66 | $5.70 | -14.46% | Stop | |
| 2009-10-28 | 2009-11-19 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2009-09-04 | 2009-10-28 | Completed | 100% | $5.31 | $6.20 | 16.57% | Stop | |
| 2009-09-02 | 2009-09-04 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |