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LIN

Linde Plc.
TREND FOLLOWING PERFORMANCE HISTORY
2026-09-09
Executive Summary
The quantitative backtest for LIN (Linde Plc.) using the Moving Average (50/200)* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -60.0% (compared to the benchmark's drawdown of -51.8%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 5.9%, compared to a Buy-and-Hold benchmark return of 14.2%. The strategy executed 41 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.

🛡️ LIN Drawdown Shield & Downside Protection

Why Drawdown Dictates Longevity →
Peak Drawdown Defense
-60.0% (vs -51.8% B&H)
-8.2% shallower drawdown
Sortino Ratio
0.36
vs 0.69 B&H
Capital Sheltered from Risk
27.0% of Time
Earning Treasury yield during downturns
* Drawdown Shield demonstrates how systematic trend-following bounded historical drawdowns and protected principal capital compared to passive Buy & Hold.

📊 LIN Quality Metrics & KPI Summary

Metric 1Y5Y10YFull
StrategyB&HStrategyB&HStrategyB&HStrategyB&H
Max Drawdown-15.57%-19.18%-25.58%-22.82%-25.58%-32.59%-59.98%-51.76%
Sharpe Ratio-0.89-0.010.020.450.370.680.300.49
Sortino Ratio-1.12-0.010.020.630.470.930.360.69
CAGR-13.77%-0.10%0.33%9.81%7.00%16.71%5.90%14.24%
% Time Invested71.4%100.0%74.4%100.0%82.2%100.0%73.0%100.0%
Trades / Year0.00.01.00.01.10.01.30.0

Cumulative Growth Performance

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Hydrating Performance Trajectory... Loading historical performance data
Figure 1: Cumulative Trajectory Analysis. Logarithmic growth comparison of LIN under the Moving Average (50/200) strategy (Investing) versus Buy & Hold. The strategy produced a 5.9% CAGR with a -60.0% Max Drawdown across 41 trade signals (compared to Buy & Hold's 14.2% CAGR and -51.8% Max Drawdown).

Return Distribution Analysis

Histogram of monthly return distribution for LIN under Moving Average (50/200) strategy in Investing context, illustrating downside risk mitigation and return skewness.
Figure 2: Monthly Return Distribution Profile. Monthly return distribution for LIN under Moving Average (50/200) (Investing). Visualizes return frequency, volatility clustering, and tail-risk truncation relative to standard buy-and-hold returns.
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Top 5 non-correlated asset sleeves evaluated on 1Y daily percentage returns (Pearson r). Compare them side-by-side in Compare Studio to analyze portfolio diversification.

Diversifier Asset Category 1Y Correlation (r) Action
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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 DateExit DateTypeAllocationEntry PriceExit PriceNet 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.
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2025-11-04 2026-02-19 Interest (CASH) 100% $1.00 $1.01 1.05% Interest Income
2025-06-10 2025-11-04 Completed 100% $464.59 $410.60 -11.66% Stop
2025-05-16 2025-06-10 Interest (CASH) 100% $1.00 $1.00 0.27% Interest Income
2025-03-21 2025-05-16 Completed 100% $444.83 $446.81 0.39% Signal
2025-01-03 2025-03-21 Interest (CASH) 100% $1.00 $1.01 0.88% Interest Income
2022-12-02 2025-01-03 Completed 100% $318.34 $406.62 27.67% Signal
2022-06-21 2022-12-02 Interest (CASH) 100% $1.00 $1.01 1.44% Interest Income
2022-05-25 2022-06-21 Completed 100% $300.10 $277.23 -7.67% Stop
2022-03-15 2022-05-25 Interest (CASH) 100% $1.00 $1.00 0.15% Interest Income
2022-03-09 2022-03-15 Completed 100% $266.60 $273.18 2.42% Signal
2022-02-14 2022-03-09 Interest (CASH) 100% $1.00 $1.00 0.02% Interest Income
2020-11-20 2022-02-14 Completed 100% $233.31 $275.89 18.19% Stop
2020-10-29 2020-11-20 Interest (CASH) 100% $1.00 $1.00 0.01% Interest Income
2020-07-07 2020-10-29 Completed 100% $204.32 $198.59 -2.85% Stop
2020-06-12 2020-07-07 Interest (CASH) 100% $1.00 $1.00 0.01% Interest Income
2020-06-04 2020-06-12 Completed 100% $195.67 $187.67 -4.14% Stop
2020-03-27 2020-06-04 Interest (CASH) 100% $1.00 $1.00 0.02% Interest Income
2020-03-24 2020-03-27 Completed 100% $145.43 $152.77 4.99% Signal
2020-03-02 2020-03-24 Interest (CASH) 100% $1.00 $1.00 0.02% Interest Income
2019-02-13 2020-03-02 Completed 100% $148.99 $173.83 16.61% Stop
2019-01-22 2019-02-13 Interest (CASH) 100% $1.00 $1.00 0.15% Interest Income
2018-04-27 2019-01-22 Completed 100% $136.96 $144.11 5.16% Signal
2018-04-05 2018-04-27 Interest (CASH) 100% $1.00 $1.00 0.11% Interest Income
2016-04-12 2018-04-05 Completed 100% $94.53 $128.18 35.54% Stop
2014-10-16 2016-04-12 Interest (CASH) 100% $1.00 $1.00 0.13% Interest Income
2013-01-07 2014-10-16 Completed 100% $87.70 $96.85 10.38% Signal
2012-07-31 2013-01-07 Interest (CASH) 100% $1.00 $1.00 0.04% Interest Income
2011-12-14 2012-07-31 Completed 100% $77.63 $81.22 4.57% Signal
2011-09-23 2011-12-14 Interest (CASH) 100% $1.00 $1.00 0.00% Interest Income
2011-08-30 2011-09-23 Completed 100% $73.08 $70.42 -3.69% Signal
2011-08-08 2011-08-30 Interest (CASH) 100% $1.00 $1.00 0.00% Interest Income
2010-08-05 2011-08-08 Completed 100% $65.12 $71.15 9.21% Stop
2010-06-30 2010-08-05 Interest (CASH) 100% $1.00 $1.00 0.02% Interest Income
2010-06-15 2010-06-30 Completed 100% $57.70 $57.25 -0.82% Signal
2010-05-21 2010-06-15 Interest (CASH) 100% $1.00 $1.00 0.01% Interest Income
2009-05-15 2010-05-21 Completed 100% $50.91 $54.19 6.38% Stop
2009-01-13 2009-05-15 Interest (CASH) 100% $1.00 $1.00 0.07% Interest Income
2009-01-07 2009-01-13 Completed 100% $46.47 $43.20 -7.08% Stop
2008-10-01 2009-01-07 Interest (CASH) 100% $1.00 $1.00 0.08% Interest Income
2008-09-29 2008-10-01 Completed 100% $51.51 $50.52 -1.96% Signal
2008-09-05 2008-09-29 Interest (CASH) 100% $1.00 $1.00 0.07% Interest Income
2008-02-12 2008-09-05 Completed 100% $56.88 $60.18 5.75% Stop
2008-01-18 2008-02-12 Interest (CASH) 100% $1.00 $1.00 0.14% Interest Income
2007-09-11 2008-01-18 Completed 100% $51.42 $54.33 5.60% Stop
2007-08-17 2007-09-11 Interest (CASH) 100% $1.00 $1.00 0.25% Interest Income
2003-04-16 2007-08-17 Completed 100% $18.76 $50.36 168.28% Stop
2003-03-25 2003-04-16 Interest (CASH) 100% $1.00 $1.00 0.07% Interest Income
2003-03-20 2003-03-25 Completed 100% $18.56 $18.81 1.28% Signal
2003-02-26 2003-03-20 Interest (CASH) 100% $1.00 $1.00 0.07% Interest Income
2002-12-19 2003-02-26 Completed 100% $18.29 $16.54 -9.62% Stop
2002-07-11 2002-12-19 Interest (CASH) 100% $1.00 $1.01 0.68% Interest Income
2001-11-30 2002-07-11 Completed 100% $16.61 $16.27 -2.11% Stop
2001-09-20 2001-11-30 Interest (CASH) 100% $1.00 $1.00 0.41% Interest Income
2001-07-20 2001-09-20 Completed 100% $14.63 $12.90 -11.90% Stop
2001-06-27 2001-07-20 Interest (CASH) 100% $1.00 $1.00 0.23% Interest Income
2001-01-29 2001-06-27 Completed 100% $12.79 $14.59 14.02% Stop
2000-06-02 2001-01-29 Interest (CASH) 100% $1.00 $1.04 3.93% Interest Income
2000-05-01 2000-06-02 Completed 100% $13.70 $12.92 -5.73% Stop
2000-01-24 2000-05-01 Interest (CASH) 100% $1.00 $1.02 1.53% Interest Income
2000-01-14 2000-01-24 Completed 100% $16.56 $14.45 -12.79% Signal
1999-12-10 2000-01-14 Interest (CASH) 100% $1.00 $1.01 0.50% Interest Income
1999-10-18 1999-12-10 Completed 100% $13.35 $14.05 5.19% Signal
1999-09-24 1999-10-18 Interest (CASH) 100% $1.00 $1.00 0.30% Interest Income
1999-06-21 1999-09-24 Completed 100% $15.41 $13.06 -15.29% Stop
1999-05-27 1999-06-21 Interest (CASH) 100% $1.00 $1.00 0.29% Interest Income
1999-04-30 1999-05-27 Completed 100% $15.77 $15.21 -3.58% Stop
1998-08-14 1999-04-30 Interest (CASH) 100% $1.00 $1.03 3.17% Interest Income
1998-07-17 1998-08-14 Completed 100% $14.02 $13.10 -6.55% Stop
1998-06-24 1998-07-17 Interest (CASH) 100% $1.00 $1.00 0.32% Interest Income
1998-04-21 1998-06-24 Completed 100% $15.87 $13.75 -13.43% Stop
1997-10-28 1998-04-21 Interest (CASH) 100% $1.00 $1.02 2.43% Interest Income
1997-10-24 1997-10-28 Completed 100% $14.55 $12.29 -15.59% Signal
1997-10-02 1997-10-24 Interest (CASH) 100% $1.00 $1.00 0.32% Interest Income
1997-04-23 1997-10-02 Completed 100% $14.64 $14.32 -2.20% Stop
1997-04-01 1997-04-23 Interest (CASH) 100% $1.00 $1.00 0.33% Interest Income
1995-10-27 1997-04-01 Completed 100% $7.73 $13.33 72.21% Stop
1995-10-05 1995-10-27 Interest (CASH) 100% $1.00 $1.00 0.34% Interest Income
1995-03-31 1995-10-05 Completed 100% $6.77 $7.29 7.68% Stop
1995-01-13 1995-03-31 Interest (CASH) 100% $1.00 $1.01 1.24% Interest Income
1994-12-07 1995-01-13 Completed 100% $5.86 $6.01 2.45% Signal
1994-11-14 1994-12-07 Interest (CASH) 100% $1.00 $1.00 0.35% Interest Income
1994-08-29 1994-11-14 Completed 100% $6.55 $6.03 -8.10% Stop
1994-08-25 1994-08-29 Interest (CASH) 100% $1.00 $1.00 0.02% Interest Income

Next Steps: Portfolio Integration & Comparative Analysis

Single-ticker trend following is designed to truncate tail risk inside a broader portfolio. View where LIN ranks across 40+ tracked assets, evaluate correlation against non-correlated diversifiers, or model it inside a custom all-weather asset mix.

📊 View Full 40-Asset Backtest Matrix → 🛠️ Build Custom Portfolio with LIN → ⚖️ Compare LIN vs Non-Correlated Assets →