CVX
Chevron Corp
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for CVX (Chevron Corp) using the Moving Average (50/200)* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -56.4% (compared to the benchmark's drawdown of -58.2%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 7.0%, compared to a Buy-and-Hold benchmark return of 11.5%. The strategy executed 73 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
CVX Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 9.48% | 30.26% | 9.16% | 18.85% | 5.79% | 11.19% | 7.05% | 11.52% |
| Sharpe Ratio | 0.43 | 1.17 | 0.40 | 0.69 | 0.30 | 0.36 | 0.36 | 0.41 |
| Max Drawdown | -22.02% | -20.81% | -42.58% | -24.95% | -42.58% | -55.77% | -56.41% | -58.23% |
| % Time Invested | 87.3% | 100.0% | 69.9% | 100.0% | 65.6% | 100.0% | 67.7% | 100.0% |
| Trades / Year | 1.0 | 0.0 | 1.8 | 0.0 | 1.4 | 0.0 | 1.3 | 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 | ||||||||
| 2026-04-20 | 2026-05-12 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2025-06-17 | 2026-04-20 | Completed | 100% | $141.41 | $182.83 | 29.23% | Stop | |
| 2025-05-13 | 2025-06-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.41% | Interest Income | |
| 2025-04-30 | 2025-05-13 | Completed | 100% | $130.86 | $134.21 | 2.51% | Signal | |
| 2025-04-07 | 2025-04-30 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2024-11-27 | 2025-04-07 | Completed | 100% | $152.64 | $131.55 | -13.86% | Stop | |
| 2024-09-09 | 2024-11-27 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.05% | Interest Income | |
| 2024-09-05 | 2024-09-09 | Completed | 100% | $132.92 | $128.71 | -3.21% | Signal | |
| 2024-08-13 | 2024-09-05 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.33% | Interest Income | |
| 2024-04-04 | 2024-08-13 | Completed | 100% | $146.16 | $132.28 | -9.54% | Stop | |
| 2023-10-30 | 2024-04-04 | Interest (CASH) | 100% | $1.00 | $1.02 | 2.29% | Interest Income | |
| 2023-09-11 | 2023-10-30 | Completed | 100% | $149.56 | $129.61 | -13.38% | Stop | |
| 2023-04-26 | 2023-09-11 | Interest (CASH) | 100% | $1.00 | $1.02 | 2.00% | Interest Income | |
| 2023-04-05 | 2023-04-26 | Completed | 100% | $147.73 | $146.81 | -0.67% | Signal | |
| 2023-03-14 | 2023-04-05 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.30% | Interest Income | |
| 2022-07-13 | 2023-03-14 | Completed | 100% | $117.07 | $138.12 | 17.92% | Stop | |
| 2022-06-17 | 2022-07-13 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.12% | Interest Income | |
| 2020-12-29 | 2022-06-17 | Completed | 100% | $67.65 | $131.76 | 94.68% | Stop | |
| 2020-01-27 | 2020-12-29 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.26% | Interest Income | |
| 2020-01-03 | 2020-01-27 | Completed | 100% | $91.45 | $82.79 | -9.51% | Signal | |
| 2019-10-18 | 2020-01-03 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.32% | Interest Income | |
| 2019-03-19 | 2019-10-18 | Completed | 100% | $92.24 | $85.62 | -7.23% | Signal | |
| 2018-10-16 | 2019-03-19 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.99% | Interest Income | |
| 2018-03-01 | 2018-10-16 | Completed | 100% | $78.26 | $83.67 | 6.86% | Signal | |
| 2018-02-06 | 2018-03-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.10% | Interest Income | |
| 2017-09-20 | 2018-02-06 | Completed | 100% | $80.19 | $77.26 | -3.70% | Stop | |
| 2017-05-26 | 2017-09-20 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.33% | Interest Income | |
| 2016-03-24 | 2017-05-26 | Completed | 100% | $59.95 | $71.59 | 19.35% | Signal | |
| 2014-10-13 | 2016-03-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.12% | Interest Income | |
| 2014-05-08 | 2014-10-13 | Completed | 100% | $74.94 | $68.85 | -8.17% | Stop | |
| 2014-02-10 | 2014-05-08 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2012-07-20 | 2014-02-10 | Completed | 100% | $60.86 | $66.46 | 9.15% | Signal | |
| 2012-06-13 | 2012-07-20 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2011-12-08 | 2012-06-13 | Completed | 100% | $57.56 | $56.65 | -1.62% | Signal | |
| 2011-09-27 | 2011-12-08 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2011-08-31 | 2011-09-27 | Completed | 100% | $54.28 | $51.70 | -4.79% | Signal | |
| 2011-08-09 | 2011-08-31 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2010-08-02 | 2011-08-09 | Completed | 100% | $40.91 | $49.90 | 21.91% | Stop | |
| 2010-06-29 | 2010-08-02 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2009-07-22 | 2010-06-29 | Completed | 100% | $33.27 | $36.47 | 9.57% | Stop | |
| 2009-01-12 | 2009-07-22 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.10% | Interest Income | |
| 2009-01-06 | 2009-01-12 | Completed | 100% | $38.64 | $35.98 | -6.92% | Stop | |
| 2008-08-29 | 2009-01-06 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.18% | Interest Income | |
| 2008-08-08 | 2008-08-29 | Completed | 100% | $40.62 | $43.28 | 6.48% | Signal | |
| 2008-07-17 | 2008-08-08 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.10% | Interest Income | |
| 2008-04-08 | 2008-07-17 | Completed | 100% | $42.80 | $42.22 | -1.40% | Stop | |
| 2008-03-06 | 2008-04-08 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2008-02-14 | 2008-03-06 | Completed | 100% | $40.41 | $43.11 | 6.64% | Signal | |
| 2008-01-23 | 2008-02-14 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.14% | Interest Income | |
| 2007-08-29 | 2008-01-23 | Completed | 100% | $40.91 | $38.08 | -6.98% | Stop | |
| 2007-08-07 | 2007-08-29 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.26% | Interest Income | |
| 2006-05-12 | 2007-08-07 | Completed | 100% | $28.80 | $38.78 | 34.58% | Stop | |
| 2006-03-10 | 2006-05-12 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.81% | Interest Income | |
| 2005-11-14 | 2006-03-10 | Completed | 100% | $25.73 | $24.85 | -3.44% | Signal | |
| 2005-10-21 | 2005-11-14 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.25% | Interest Income | |
| 2005-07-07 | 2005-10-21 | Completed | 100% | $25.42 | $25.19 | -0.94% | Stop | |
| 2005-06-14 | 2005-07-07 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.19% | Interest Income | |
| 2005-05-10 | 2005-06-14 | Completed | 100% | $23.75 | $25.11 | 5.66% | Signal | |
| 2005-04-18 | 2005-05-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.18% | Interest Income | |
| 2003-06-12 | 2005-04-18 | Completed | 100% | $15.87 | $23.22 | 46.27% | Stop | |
| 2002-07-22 | 2003-06-12 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.18% | Interest Income | |
| 2002-04-24 | 2002-07-22 | Completed | 100% | $17.09 | $14.82 | -13.32% | Stop | |
| 2001-10-29 | 2002-04-24 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.85% | Interest Income | |
| 2001-10-16 | 2001-10-29 | Completed | 100% | $17.37 | $17.51 | 0.80% | Signal | |
| 2001-09-24 | 2001-10-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.14% | Interest Income | |
| 2001-03-09 | 2001-09-24 | Completed | 100% | $18.00 | $16.49 | -8.40% | Stop | |
| 2000-11-22 | 2001-03-09 | Interest (CASH) | 100% | $1.00 | $1.02 | 1.52% | Interest Income | |
| 2000-10-04 | 2000-11-22 | Completed | 100% | $16.68 | $16.33 | -2.15% | Signal | |
| 2000-07-21 | 2000-10-04 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.25% | Interest Income | |
| 2000-05-18 | 2000-07-21 | Completed | 100% | $17.32 | $15.14 | -12.67% | Stop | |
| 1999-11-15 | 2000-05-18 | Interest (CASH) | 100% | $1.00 | $1.03 | 2.84% | Interest Income | |
| 1999-10-21 | 1999-11-15 | Completed | 100% | $17.01 | $16.90 | -0.66% | Signal | |
| 1999-09-29 | 1999-10-21 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.31% | Interest Income | |
| 1999-04-06 | 1999-09-29 | Completed | 100% | $16.38 | $16.37 | -0.10% | Stop | |
| 1999-02-01 | 1999-04-06 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.78% | Interest Income | |
| 1998-03-24 | 1999-02-01 | Completed | 100% | $15.35 | $13.60 | -11.43% | Stop | |
| 1998-02-04 | 1998-03-24 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.66% | Interest Income | |
| 1998-01-13 | 1998-02-04 | Completed | 100% | $12.89 | $13.35 | 3.53% | Signal | |
| 1997-12-18 | 1998-01-13 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.33% | Interest Income | |
| 1994-12-07 | 1997-12-18 | Completed | 100% | $6.78 | $13.21 | 94.63% | Stop | |
| 1994-04-14 | 1994-12-07 | Interest (CASH) | 100% | $1.00 | $1.03 | 3.01% | Interest Income | |
| 1993-02-03 | 1994-04-14 | Completed | 100% | $5.40 | $6.71 | 24.16% | Signal | |
| 1993-01-12 | 1993-02-03 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.19% | Interest Income | |
| 1992-06-05 | 1993-01-12 | Completed | 100% | $5.17 | $5.02 | -2.80% | Signal | |
| 1991-12-11 | 1992-06-05 | Interest (CASH) | 100% | $1.00 | $1.02 | 1.88% | Interest Income | |
| 1991-10-18 | 1991-12-11 | Completed | 100% | $5.28 | $4.44 | -15.87% | Stop | |
| 1991-08-01 | 1991-10-18 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.15% | Interest Income | |
| 1991-02-08 | 1991-08-01 | Completed | 100% | $4.95 | $4.88 | -1.36% | Signal | |
| 1990-12-04 | 1991-02-08 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.17% | Interest Income | |
| 1990-11-20 | 1990-12-04 | Completed | 100% | $4.58 | $4.61 | 0.67% | Signal | |
| 1990-10-29 | 1990-11-20 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.45% | Interest Income | |
| 1989-01-17 | 1990-10-29 | Completed | 100% | $2.91 | $4.43 | 52.12% | Stop | |
| 1988-10-06 | 1989-01-17 | Interest (CASH) | 100% | $1.00 | $1.02 | 2.12% | Interest Income | |
| 1988-10-04 | 1988-10-06 | Completed | 100% | $2.56 | $2.60 | 1.70% | Signal | |
| 1988-09-12 | 1988-10-04 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1988-05-05 | 1988-09-12 | Completed | 100% | $2.81 | $2.58 | -8.23% | Stop | |
| 1987-10-19 | 1988-05-05 | Interest (CASH) | 100% | $1.00 | $1.04 | 4.21% | Interest Income | |
| 1987-10-01 | 1987-10-19 | Completed | 100% | $3.05 | $2.68 | -12.08% | Signal | |
| 1987-09-09 | 1987-10-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1986-08-06 | 1987-09-09 | Completed | 100% | $2.14 | $3.07 | 43.46% | Stop | |
| 1986-07-15 | 1986-08-06 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1986-04-11 | 1986-07-15 | Completed | 100% | $1.99 | $1.83 | -8.15% | Stop | |
| 1986-02-20 | 1986-04-11 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.05% | Interest Income | |
| 1985-03-18 | 1986-02-20 | Completed | 100% | $1.64 | $1.83 | 11.43% | Signal | |
| 1984-11-08 | 1985-03-18 | Interest (CASH) | 100% | $1.00 | $1.03 | 2.67% | Interest Income | |
| 1984-08-14 | 1984-11-08 | Completed | 100% | $1.69 | $1.61 | -4.98% | Signal | |
| 1984-07-12 | 1984-08-14 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.69% | Interest Income | |
| 1984-04-24 | 1984-07-12 | Completed | 100% | $1.75 | $1.55 | -11.08% | Stop | |
| 1984-03-07 | 1984-04-24 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.99% | Interest Income | |
| 1984-02-22 | 1984-03-07 | Completed | 100% | $1.65 | $1.53 | -7.31% | Stop | |
| 1983-10-31 | 1984-02-22 | Interest (CASH) | 100% | $1.00 | $1.02 | 2.36% | Interest Income | |
| 1983-06-30 | 1983-10-31 | Completed | 100% | $1.78 | $1.59 | -10.33% | Signal | |
| 1983-06-08 | 1983-06-30 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1982-11-02 | 1983-06-08 | Completed | 100% | $1.46 | $1.58 | 8.15% | Stop | |
| 1982-02-05 | 1982-11-02 | Interest (CASH) | 100% | $1.00 | $1.06 | 5.75% | Interest Income | |
| 1982-01-29 | 1982-02-05 | Completed | 100% | $1.67 | $1.55 | -7.24% | Signal | |
| 1982-01-07 | 1982-01-29 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1981-11-17 | 1982-01-07 | Completed | 100% | $1.92 | $1.78 | -7.19% | Stop | |
| 1981-10-26 | 1981-11-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1981-10-20 | 1981-10-26 | Completed | 100% | $1.96 | $1.93 | -1.51% | Signal | |
| 1981-09-28 | 1981-10-20 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1981-07-10 | 1981-09-28 | Completed | 100% | $1.83 | $1.72 | -5.98% | Stop | |
| 1981-03-20 | 1981-07-10 | Interest (CASH) | 100% | $1.00 | $1.02 | 2.33% | Interest Income | |
| 1981-02-26 | 1981-03-20 | Completed | 100% | $2.05 | $1.84 | -10.48% | Stop | |
| 1981-02-03 | 1981-02-26 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1981-01-06 | 1981-02-03 | Completed | 100% | $2.30 | $2.01 | -12.81% | Stop | |
| 1980-12-11 | 1981-01-06 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1980-04-17 | 1980-12-11 | Completed | 100% | $1.53 | $2.22 | 45.25% | Stop | |
| 1980-03-25 | 1980-04-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1978-05-05 | 1980-03-25 | Completed | 100% | $1.01 | $1.52 | 49.92% | Stop | |
| 1977-10-10 | 1978-05-05 | Interest (CASH) | 100% | $1.00 | $1.04 | 4.40% | Interest Income | |
| 1977-09-20 | 1977-10-10 | Completed | 100% | $0.93 | $0.94 | 1.80% | Signal | |
| 1977-08-26 | 1977-09-20 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1975-12-30 | 1977-08-26 | Completed | 100% | $0.63 | $0.87 | 39.37% | Stop | |
| 1975-12-05 | 1975-12-30 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1975-02-27 | 1975-12-05 | Completed | 100% | $0.51 | $0.58 | 14.16% | Stop | |
| 1973-10-16 | 1975-02-27 | Interest (CASH) | 100% | $1.00 | $1.11 | 10.87% | Interest Income | |
| 1973-09-25 | 1973-10-16 | Completed | 100% | $0.64 | $0.61 | -5.29% | Stop | |
| 1973-07-06 | 1973-09-25 | Interest (CASH) | 100% | $1.00 | $1.02 | 1.69% | Interest Income | |
| 1973-06-08 | 1973-07-06 | Completed | 100% | $0.70 | $0.70 | 0.94% | Signal | |
| 1973-05-16 | 1973-06-08 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1973-03-21 | 1973-05-16 | Completed | 100% | $0.73 | $0.70 | -3.89% | Stop | |
| 1973-02-27 | 1973-03-21 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1972-03-13 | 1973-02-27 | Completed | 100% | $0.52 | $0.69 | 33.42% | Stop | |
| 1972-03-09 | 1972-03-13 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.03% | Interest Income | |