MA
Mastercard Incorporated - Class A
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for MA (Mastercard Incorporated - Class A) using the Excess Return MMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -25.7% (compared to the benchmark's drawdown of -50.9%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 16.0%, compared to a Buy-and-Hold benchmark return of 19.8%. The strategy executed 70 total trades.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
📊 Mathematical Model
Excess Return MMA Active
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)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
MA Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | -3.36% | -3.64% | 1.18% | 7.20% | 15.98% | 19.94% | 16.03% | 19.77% |
| Sharpe Ratio | -0.27 | -0.17 | 0.08 | 0.29 | 0.76 | 0.68 | 0.70 | 0.60 |
| Max Drawdown | -13.50% | -20.91% | -20.57% | -28.25% | -23.65% | -41.00% | -25.67% | -50.93% |
| % Time Invested | 99.6% | 100.0% | 89.2% | 100.0% | 92.8% | 100.0% | 93.7% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 3.2 | 0.0 | 3.2 | 0.0 | 3.9 | 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 | ||||||||
| 2026-01-28 | 2026-02-20 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2025-05-01 | 2026-02-19 | Completed | 33.33% | $545.86 | $523.03 | -4.23% | Signal | |
| 2025-04-30 | 2026-01-28 | Completed | 33.33% | $534.47 | $520.19 | -2.72% | Stop | |
| 2025-05-01 | 2025-11-20 | Completed | 33.33% | $545.86 | $530.69 | -2.83% | Signal | |
| 2025-04-08 | 2025-05-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-04-08 | 2025-05-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-04-07 | 2025-04-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2024-09-18 | 2025-04-08 | Completed | 33.33% | $495.33 | $496.44 | 0.17% | Stop | |
| 2023-03-31 | 2025-04-08 | Completed | 33.33% | $353.68 | $496.44 | 40.29% | Stop | |
| 2023-10-24 | 2025-04-07 | Completed | 33.33% | $379.23 | $474.14 | 24.96% | Stop | |
| 2024-07-10 | 2024-09-18 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.01% | Interest Income | |
| 2024-01-23 | 2024-07-10 | Completed | 33.33% | $433.80 | $429.45 | -1.05% | Signal | |
| 2023-12-28 | 2024-01-23 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income | |
| 2023-01-10 | 2023-12-28 | Completed | 33.33% | $361.20 | $416.88 | 15.36% | Signal | |
| 2022-09-09 | 2023-10-24 | Interest (CASH) | 33.33% | $1.00 | $1.05 | 5.48% | Interest Income | |
| 2021-12-28 | 2023-03-31 | Interest (CASH) | 33.33% | $1.00 | $1.03 | 3.24% | Interest Income | |
| 2022-05-23 | 2023-01-10 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.97% | Interest Income | |
| 2022-07-13 | 2022-09-09 | Completed | 33.33% | $308.43 | $322.67 | 4.57% | Signal | |
| 2022-06-17 | 2022-07-13 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.12% | Interest Income | |
| 2022-06-02 | 2022-06-17 | Completed | 33.33% | $351.37 | $299.24 | -14.88% | Stop | |
| 2022-05-10 | 2022-06-02 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2022-03-29 | 2022-05-23 | Completed | 33.33% | $349.16 | $330.46 | -5.41% | Signal | |
| 2022-03-21 | 2022-05-10 | Completed | 33.33% | $336.80 | $323.91 | -3.88% | Stop | |
| 2022-03-07 | 2022-03-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2022-02-25 | 2022-03-21 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2021-12-13 | 2022-03-07 | Completed | 33.33% | $339.44 | $320.80 | -5.54% | Stop | |
| 2021-12-16 | 2022-02-25 | Completed | 33.33% | $341.88 | $357.44 | 4.50% | Stop | |
| 2021-11-29 | 2021-12-28 | Completed | 33.33% | $320.80 | $348.77 | 8.67% | Signal | |
| 2021-11-23 | 2021-12-16 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-09-08 | 2021-12-13 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2021-11-04 | 2021-11-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-09-28 | 2021-11-23 | Completed | 33.33% | $345.14 | $315.89 | -8.52% | Stop | |
| 2020-11-20 | 2021-11-04 | Completed | 33.33% | $323.85 | $321.83 | -0.67% | Stop | |
| 2021-09-03 | 2021-09-28 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-02-26 | 2021-09-08 | Completed | 33.33% | $345.85 | $334.95 | -3.20% | Signal | |
| 2020-11-18 | 2021-09-03 | Completed | 33.33% | $325.54 | $330.02 | 1.33% | Stop | |
| 2021-02-03 | 2021-02-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2020-11-20 | 2021-02-03 | Completed | 33.33% | $323.85 | $323.35 | -0.20% | Signal | |
| 2020-10-29 | 2020-11-20 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-10-29 | 2020-11-20 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-10-27 | 2020-11-18 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-09-11 | 2020-10-29 | Completed | 33.33% | $323.40 | $283.62 | -12.34% | Stop | |
| 2020-07-08 | 2020-10-29 | Completed | 33.33% | $290.74 | $283.62 | -2.50% | Stop | |
| 2020-04-16 | 2020-10-27 | Completed | 33.33% | $249.33 | $308.48 | 23.66% | Stop | |
| 2020-08-19 | 2020-09-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-03-23 | 2020-08-19 | Completed | 33.33% | $195.85 | $318.89 | 62.74% | Signal | |
| 2020-05-08 | 2020-07-08 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2020-03-23 | 2020-05-08 | Completed | 33.33% | $195.85 | $273.46 | 39.56% | Signal | |
| 2020-03-24 | 2020-04-16 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-03-20 | 2020-03-24 | Completed | 33.33% | $227.39 | $208.02 | -8.56% | Stop | |
| 2020-02-28 | 2020-03-23 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2020-02-28 | 2020-03-23 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2020-02-27 | 2020-03-20 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income | |
| 2019-03-08 | 2020-02-28 | Completed | 33.33% | $209.31 | $264.84 | 26.46% | Stop | |
| 2018-12-17 | 2020-02-28 | Completed | 33.33% | $185.15 | $264.84 | 42.97% | Stop | |
| 2018-12-17 | 2020-02-27 | Completed | 33.33% | $185.15 | $274.61 | 48.25% | Stop | |
| 2018-12-24 | 2019-03-08 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 2018-12-17 | 2018-12-24 | Completed | 33.33% | $185.15 | $165.67 | -10.56% | Signal | |
| 2018-11-21 | 2018-12-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2018-11-21 | 2018-12-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2018-11-21 | 2018-12-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2018-11-05 | 2018-11-21 | Completed | 33.33% | $189.64 | $180.40 | -4.92% | Stop | |
| 2016-08-17 | 2018-11-21 | Completed | 33.33% | $90.32 | $180.40 | 99.64% | Stop | |
| 2016-03-22 | 2018-11-21 | Completed | 33.33% | $86.08 | $180.40 | 109.46% | Stop | |
| 2018-10-12 | 2018-11-05 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2016-02-10 | 2018-10-12 | Completed | 33.33% | $77.99 | $191.91 | 145.95% | Stop | |
| 2016-05-03 | 2016-08-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income | |
| 2016-02-24 | 2016-05-03 | Completed | 33.33% | $79.94 | $91.27 | 14.11% | Signal | |
| 2016-02-01 | 2016-03-22 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income | |
| 2016-02-01 | 2016-02-24 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2016-01-19 | 2016-02-10 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2015-09-17 | 2016-02-01 | Completed | 33.33% | $86.67 | $83.12 | -4.15% | Stop | |
| 2015-09-17 | 2016-02-01 | Completed | 33.33% | $86.67 | $83.12 | -4.15% | Stop | |
| 2015-09-17 | 2016-01-19 | Completed | 33.33% | $86.67 | $84.09 | -3.02% | Stop | |
| 2015-08-25 | 2015-09-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2015-08-25 | 2015-09-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2015-08-25 | 2015-09-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-11-18 | 2015-08-25 | Completed | 33.33% | $77.45 | $84.97 | 9.65% | Stop | |
| 2014-08-06 | 2015-08-25 | Completed | 33.33% | $69.54 | $84.97 | 22.13% | Stop | |
| 2014-02-26 | 2015-08-25 | Completed | 33.33% | $71.16 | $84.97 | 19.34% | Stop | |
| 2014-09-26 | 2014-11-18 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-05-07 | 2014-09-26 | Completed | 33.33% | $68.58 | $69.44 | 1.20% | Signal | |
| 2014-04-14 | 2014-08-06 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2014-04-14 | 2014-05-07 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2012-09-28 | 2014-04-14 | Completed | 33.33% | $41.55 | $64.74 | 55.73% | Stop | |
| 2011-01-25 | 2014-04-14 | Completed | 33.33% | $21.94 | $64.74 | 194.94% | Stop | |
| 2014-02-03 | 2014-02-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2012-06-13 | 2014-02-03 | Completed | 33.33% | $38.21 | $70.44 | 84.28% | Stop | |
| 2012-09-06 | 2012-09-28 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-10-22 | 2012-09-06 | Completed | 33.33% | $22.39 | $39.15 | 74.79% | Signal | |
| 2012-05-21 | 2012-06-13 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2011-10-27 | 2012-05-21 | Completed | 33.33% | $30.89 | $36.45 | 17.93% | Stop | |
| 2011-10-05 | 2011-10-27 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2011-08-31 | 2011-10-05 | Completed | 33.33% | $30.60 | $28.32 | -7.48% | Stop | |
| 2011-08-09 | 2011-08-31 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2011-01-11 | 2011-08-09 | Completed | 33.33% | $21.23 | $27.56 | 29.79% | Stop | |
| 2010-12-17 | 2011-01-25 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-12-17 | 2011-01-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-10-22 | 2010-12-17 | Completed | 33.33% | $22.39 | $20.57 | -8.17% | Stop | |
| 2010-08-11 | 2010-12-17 | Completed | 33.33% | $19.48 | $20.57 | 5.50% | Stop | |
| 2010-08-27 | 2010-10-22 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2010-05-07 | 2010-10-22 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2010-06-01 | 2010-08-27 | Completed | 33.33% | $18.41 | $18.72 | 1.62% | Signal | |
| 2010-07-20 | 2010-08-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-06-01 | 2010-07-20 | Completed | 33.33% | $18.41 | $17.69 | -3.96% | Stop | |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-03-22 | 2010-05-07 | Completed | 33.33% | $22.23 | $20.92 | -5.94% | Stop | |
| 2010-03-22 | 2010-05-07 | Completed | 33.33% | $22.23 | $20.92 | -5.94% | Stop | |
| 2010-03-16 | 2010-05-07 | Completed | 33.33% | $22.91 | $20.92 | -8.74% | Stop | |
| 2010-02-26 | 2010-03-22 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-02-26 | 2010-03-22 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-02-22 | 2010-03-16 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2009-07-23 | 2010-02-26 | Completed | 33.33% | $16.70 | $20.42 | 22.22% | Stop | |
| 2009-03-26 | 2010-02-26 | Completed | 33.33% | $15.24 | $20.42 | 33.92% | Stop | |
| 2009-10-13 | 2010-02-22 | Completed | 33.33% | $19.75 | $20.40 | 3.26% | Stop | |
| 2009-07-27 | 2009-10-13 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2009-05-13 | 2009-07-27 | Completed | 33.33% | $15.90 | $17.19 | 8.06% | Signal | |
| 2008-11-24 | 2009-07-23 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2009-04-21 | 2009-05-13 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2009-03-31 | 2009-04-21 | Completed | 33.33% | $14.97 | $13.75 | -8.21% | Stop | |
| 2009-03-09 | 2009-03-31 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2008-09-18 | 2009-03-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.16% | Interest Income | |
| 2009-02-09 | 2009-03-09 | Completed | 33.33% | $14.81 | $12.80 | -13.60% | Stop | |
| 2009-01-15 | 2009-02-09 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2008-12-02 | 2009-01-15 | Completed | 33.33% | $12.07 | $13.14 | 8.83% | Stop | |
| 2008-11-07 | 2008-12-02 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2008-11-14 | 2008-11-24 | Completed | 33.33% | $13.17 | $11.70 | -11.20% | Stop | |
| 2008-10-23 | 2008-11-14 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2008-10-29 | 2008-11-07 | Completed | 33.33% | $12.38 | $13.13 | 6.05% | Stop | |
| 2008-10-07 | 2008-10-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income | |
| 2008-10-10 | 2008-10-23 | Completed | 33.33% | $13.38 | $12.86 | -3.96% | Stop | |
| 2008-09-18 | 2008-10-10 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income | |
| 2008-09-30 | 2008-10-07 | Completed | 33.33% | $15.34 | $15.46 | 0.72% | Stop | |
| 2008-09-08 | 2008-09-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2008-08-11 | 2008-09-18 | Completed | 33.33% | $21.19 | $18.08 | -14.69% | Stop | |
| 2008-08-11 | 2008-09-18 | Completed | 33.33% | $21.19 | $18.08 | -14.69% | Stop | |
| 2008-08-11 | 2008-09-08 | Completed | 33.33% | $21.19 | $20.99 | -1.00% | Stop | |
| 2008-08-07 | 2008-08-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2008-08-07 | 2008-08-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2008-08-07 | 2008-08-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |