SPGI
S&P Global Inc
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for SPGI (S&P Global Inc) using the Excess Return SMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -51.0% (compared to the benchmark's drawdown of -74.7%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 13.3%, compared to a Buy-and-Hold benchmark return of 15.2%. The strategy executed 69 total trades.
* Excess Return SMA: Advanced Single Moving Average model utilizing custom duration weighting and dynamic Stop Loss limits.
* Excess Return SMA: Advanced Single Moving Average model utilizing custom duration weighting and dynamic Stop Loss limits.
📊 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 Active
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.
🎯 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
SPGI Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | -15.25% | -14.39% | -0.73% | 2.60% | 13.34% | 15.49% | 13.27% | 15.21% |
| Sharpe Ratio | -0.79 | -0.51 | -0.04 | 0.10 | 0.61 | 0.55 | 0.57 | 0.50 |
| Max Drawdown | -23.97% | -30.48% | -28.43% | -39.76% | -28.43% | -39.76% | -51.04% | -74.67% |
| % Time Invested | 56.4% | 100.0% | 70.6% | 100.0% | 82.1% | 100.0% | 77.9% | 100.0% |
| Trades / Year | 2.0 | 0.0 | 1.6 | 0.0 | 1.3 | 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 | ||||||||
| 2026-03-02 | 2026-04-02 | Completed | 100% | $408.71 | $397.85 | -2.70% | Signal | |
| 2026-02-05 | 2026-03-02 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2025-10-27 | 2026-02-05 | Completed | 100% | $462.44 | $442.59 | -4.34% | Stop | |
| 2025-10-03 | 2025-10-27 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.25% | Interest Income | |
| 2025-04-30 | 2025-10-03 | Completed | 100% | $457.84 | $446.92 | -2.43% | Stop | |
| 2025-04-07 | 2025-04-30 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2023-12-26 | 2025-04-07 | Completed | 100% | $403.03 | $414.70 | 2.84% | Stop | |
| 2023-10-04 | 2023-12-26 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.22% | Interest Income | |
| 2023-06-06 | 2023-10-04 | Completed | 100% | $347.79 | $331.26 | -4.80% | Stop | |
| 2022-11-15 | 2023-06-06 | Interest (CASH) | 100% | $1.00 | $1.03 | 2.61% | Interest Income | |
| 2022-10-17 | 2022-11-15 | Completed | 100% | $268.26 | $324.29 | 20.82% | Signal | |
| 2022-09-23 | 2022-10-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.22% | Interest Income | |
| 2022-05-27 | 2022-09-23 | Completed | 100% | $323.93 | $294.91 | -9.01% | Stop | |
| 2022-05-05 | 2022-05-27 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2022-02-16 | 2022-05-05 | Completed | 100% | $350.65 | $328.58 | -6.34% | Stop | |
| 2022-01-25 | 2022-02-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2020-11-23 | 2022-01-25 | Completed | 100% | $305.86 | $373.78 | 22.14% | Stop | |
| 2020-10-30 | 2020-11-23 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-03-24 | 2020-10-30 | Completed | 100% | $182.09 | $291.62 | 60.07% | Stop | |
| 2020-03-02 | 2020-03-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2019-01-18 | 2020-03-02 | Completed | 100% | $165.45 | $243.39 | 47.03% | Stop | |
| 2018-12-26 | 2019-01-18 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2018-11-05 | 2018-12-26 | Completed | 100% | $162.27 | $141.47 | -12.86% | Stop | |
| 2018-10-12 | 2018-11-05 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2017-01-26 | 2018-10-12 | Completed | 100% | $104.71 | $162.15 | 54.78% | Stop | |
| 2017-01-03 | 2017-01-26 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2016-02-08 | 2017-01-03 | Completed | 100% | $72.46 | $94.10 | 29.80% | Stop | |
| 2016-01-14 | 2016-02-08 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2015-09-17 | 2016-01-14 | Completed | 100% | $80.94 | $72.69 | -10.23% | Stop | |
| 2015-08-25 | 2015-09-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2013-02-28 | 2015-08-25 | Completed | 100% | $38.22 | $83.22 | 117.63% | Stop | |
| 2013-02-05 | 2013-02-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2011-08-31 | 2013-02-05 | Completed | 100% | $32.17 | $41.08 | 27.61% | Stop | |
| 2011-08-09 | 2011-08-31 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2010-06-01 | 2011-08-09 | Completed | 100% | $20.17 | $28.16 | 39.54% | Stop | |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2010-02-24 | 2010-05-07 | Completed | 100% | $25.08 | $22.10 | -11.91% | Stop | |
| 2009-09-04 | 2010-02-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.04% | Interest Income | |
| 2009-08-28 | 2009-09-04 | Completed | 100% | $23.83 | $20.90 | -12.35% | Stop | |
| 2009-08-06 | 2009-08-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2009-07-17 | 2009-08-06 | Completed | 100% | $23.01 | $21.71 | -5.71% | Stop | |
| 2008-01-07 | 2009-07-17 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.46% | Interest Income | |
| 2007-11-28 | 2008-01-07 | Completed | 100% | $31.30 | $27.86 | -11.05% | Stop | |
| 2007-11-05 | 2007-11-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.21% | Interest Income | |
| 2007-08-16 | 2007-11-05 | Completed | 100% | $34.10 | $31.08 | -8.91% | Stop | |
| 2007-07-25 | 2007-08-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.30% | Interest Income | |
| 2006-07-19 | 2007-07-25 | Completed | 100% | $32.87 | $40.29 | 22.52% | Stop | |
| 2006-06-26 | 2006-07-19 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.31% | Interest Income | |
| 2005-05-10 | 2006-06-26 | Completed | 100% | $29.07 | $33.37 | 14.73% | Stop | |
| 2005-04-18 | 2005-05-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.18% | Interest Income | |
| 2004-01-15 | 2005-04-18 | Completed | 100% | $22.82 | $26.74 | 17.12% | Stop | |
| 2003-09-17 | 2004-01-15 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.31% | Interest Income | |
| 2003-07-16 | 2003-09-17 | Completed | 100% | $20.14 | $19.39 | -3.74% | Signal | |
| 2003-03-21 | 2003-07-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.33% | Interest Income | |
| 2003-02-20 | 2003-03-21 | Completed | 100% | $17.90 | $18.74 | 4.62% | Signal | |
| 2003-01-28 | 2003-02-20 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2002-09-27 | 2003-01-28 | Completed | 100% | $19.88 | $17.77 | -10.67% | Stop | |
| 2002-06-14 | 2002-09-27 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 2001-10-10 | 2002-06-14 | Completed | 100% | $15.49 | $17.78 | 14.74% | Stop | |
| 2001-09-18 | 2001-10-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.14% | Interest Income | |
| 2001-08-28 | 2001-09-18 | Completed | 100% | $19.11 | $16.66 | -12.90% | Stop | |
| 2001-08-06 | 2001-08-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.21% | Interest Income | |
| 2001-02-26 | 2001-08-06 | Completed | 100% | $18.01 | $18.29 | 1.52% | Stop | |
| 2000-11-17 | 2001-02-26 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.43% | Interest Income | |
| 2000-05-09 | 2000-11-17 | Completed | 100% | $15.54 | $17.60 | 13.19% | Stop | |
| 2000-04-14 | 2000-05-09 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.36% | Interest Income | |
| 2000-03-10 | 2000-04-14 | Completed | 100% | $14.98 | $13.05 | -12.91% | Stop | |
| 2000-02-16 | 2000-03-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.36% | Interest Income | |
| 1999-06-15 | 2000-02-16 | Completed | 100% | $15.50 | $15.87 | 2.28% | Stop | |
| 1999-05-21 | 1999-06-15 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.29% | Interest Income | |
| 1998-11-09 | 1999-05-21 | Completed | 100% | $13.13 | $15.87 | 20.85% | Stop | |
| 1998-10-16 | 1998-11-09 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.26% | Interest Income | |
| 1996-08-07 | 1998-10-16 | Completed | 100% | $5.63 | $11.21 | 99.06% | Stop | |
| 1996-07-16 | 1996-08-07 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.33% | Interest Income | |
| 1995-01-03 | 1996-07-16 | Completed | 100% | $4.44 | $5.58 | 25.51% | Stop | |
| 1994-12-08 | 1995-01-03 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.35% | Interest Income | |
| 1994-04-28 | 1994-12-08 | Completed | 100% | $4.24 | $4.35 | 2.51% | Stop | |
| 1994-04-05 | 1994-04-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 1992-08-13 | 1994-04-05 | Completed | 100% | $3.48 | $4.16 | 19.49% | Stop | |
| 1992-07-22 | 1992-08-13 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.20% | Interest Income | |
| 1991-10-07 | 1992-07-22 | Completed | 100% | $2.98 | $3.35 | 12.28% | Stop | |
| 1990-04-16 | 1991-10-07 | Interest (CASH) | 100% | $1.00 | $1.10 | 10.08% | Interest Income | |
| 1990-03-15 | 1990-04-16 | Completed | 100% | $2.94 | $3.06 | 4.20% | Signal | |
| 1990-02-21 | 1990-03-15 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.50% | Interest Income | |
| 1990-01-12 | 1990-02-21 | Completed | 100% | $3.06 | $2.71 | -11.68% | Stop | |
| 1989-12-19 | 1990-01-12 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1989-11-09 | 1989-12-19 | Completed | 100% | $3.38 | $3.02 | -10.82% | Stop | |
| 1989-10-18 | 1989-11-09 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1989-10-10 | 1989-10-18 | Completed | 100% | $4.07 | $3.50 | -14.09% | Stop | |
| 1989-09-18 | 1989-10-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1989-06-12 | 1989-09-18 | Completed | 100% | $3.90 | $3.94 | 0.75% | Stop | |
| 1989-05-18 | 1989-06-12 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1989-04-10 | 1989-05-18 | Completed | 100% | $3.92 | $3.71 | -5.53% | Stop | |
| 1988-11-17 | 1989-04-10 | Interest (CASH) | 100% | $1.00 | $1.03 | 2.94% | Interest Income | |
| 1988-07-21 | 1988-11-17 | Completed | 100% | $3.34 | $3.11 | -6.89% | Stop | |
| 1988-04-15 | 1988-07-21 | Interest (CASH) | 100% | $1.00 | $1.02 | 2.02% | Interest Income | |
| 1988-01-18 | 1988-04-15 | Completed | 100% | $2.58 | $2.73 | 5.83% | Stop | |
| 1987-12-23 | 1988-01-18 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1987-11-09 | 1987-12-23 | Completed | 100% | $2.84 | $2.49 | -12.44% | Stop | |
| 1987-10-16 | 1987-11-09 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1987-05-08 | 1987-10-16 | Completed | 100% | $3.20 | $3.61 | 12.62% | Stop | |
| 1987-04-15 | 1987-05-08 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1985-10-10 | 1987-04-15 | Completed | 100% | $2.00 | $3.18 | 58.72% | Stop | |
| 1985-08-16 | 1985-10-10 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.11% | Interest Income | |
| 1985-07-17 | 1985-08-16 | Completed | 100% | $2.30 | $2.20 | -4.25% | Signal | |
| 1984-08-28 | 1985-07-17 | Interest (CASH) | 100% | $1.00 | $1.07 | 6.90% | Interest Income | |
| 1984-02-15 | 1984-08-28 | Completed | 100% | $1.71 | $2.16 | 25.99% | Signal | |
| 1984-01-24 | 1984-02-15 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1983-11-17 | 1984-01-24 | Completed | 100% | $2.25 | $1.92 | -14.79% | Stop | |
| 1983-10-26 | 1983-11-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1983-08-09 | 1983-10-26 | Completed | 100% | $1.93 | $2.08 | 7.45% | Stop | |
| 1983-07-18 | 1983-08-09 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1982-09-02 | 1983-07-18 | Completed | 100% | $1.27 | $2.12 | 67.54% | Stop | |
| 1982-08-11 | 1982-09-02 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1982-02-05 | 1982-08-11 | Completed | 100% | $1.19 | $1.13 | -4.62% | Stop | |
| 1982-01-14 | 1982-02-05 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1981-09-17 | 1982-01-14 | Completed | 100% | $1.12 | $1.09 | -2.21% | Stop | |
| 1981-08-25 | 1981-09-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1980-06-10 | 1981-08-25 | Completed | 100% | $0.72 | $1.13 | 56.59% | Stop | |
| 1980-04-01 | 1980-06-10 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.45% | Interest Income | |
| 1980-03-21 | 1980-04-01 | Completed | 100% | $0.60 | $0.63 | 5.00% | Signal | |
| 1980-02-28 | 1980-03-21 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1979-02-26 | 1980-02-28 | Completed | 100% | $0.63 | $0.62 | -1.95% | Stop | |
| 1979-02-01 | 1979-02-26 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1978-11-09 | 1979-02-01 | Completed | 100% | $0.49 | $0.68 | 36.52% | Stop | |
| 1978-10-18 | 1978-11-09 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1978-02-13 | 1978-10-18 | Completed | 100% | $0.43 | $0.53 | 23.02% | Stop | |
| 1978-01-20 | 1978-02-13 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1976-11-15 | 1978-01-20 | Completed | 100% | $0.35 | $0.40 | 15.59% | Stop | |
| 1976-10-21 | 1976-11-15 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1976-04-12 | 1976-10-21 | Completed | 100% | $0.33 | $0.33 | -1.85% | Stop | |
| 1976-03-19 | 1976-04-12 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1975-12-31 | 1976-03-19 | Completed | 100% | $0.31 | $0.34 | 9.75% | Stop | |
| 1975-12-08 | 1975-12-31 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1975-09-16 | 1975-12-08 | Completed | 100% | $0.23 | $0.28 | 20.99% | Stop | |
| 1975-08-22 | 1975-09-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.48% | Interest Income | |
| 1975-08-01 | 1975-08-22 | Completed | 100% | $0.25 | $0.21 | -14.50% | Stop | |
| 1975-05-01 | 1975-08-01 | Interest (CASH) | 100% | $1.00 | $1.02 | 1.90% | Interest Income | |