SPOT
Spotify Technology S.A.
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for SPOT (Spotify Technology S.A.) using the Excess Return SMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -38.9% (compared to the benchmark's drawdown of -80.5%). 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 17.0%. The strategy executed 20 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
SPOT Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | Full History | |||
|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | -26.23% | -29.19% | 20.39% | 14.96% | 13.34% | 16.97% |
| Sharpe Ratio | -0.79 | -0.77 | 0.59 | 0.29 | 0.37 | 0.32 |
| Max Drawdown | -32.32% | -44.11% | -38.85% | -76.39% | -38.85% | -80.51% |
| % Time Invested | 61.9% | 100.0% | 56.0% | 100.0% | 58.3% | 100.0% |
| Trades / Year | 5.0 | 0.0 | 2.8 | 0.0 | 3.3 | 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 | ||||||||
| 2026-04-29 | 2026-05-21 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2026-04-15 | 2026-04-29 | Completed | 100% | $516.90 | $434.15 | -16.05% | Stop | |
| 2026-03-23 | 2026-04-15 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2026-02-09 | 2026-03-23 | Completed | 100% | $430.82 | $480.50 | 11.48% | Stop | |
| 2026-01-15 | 2026-02-09 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2025-11-28 | 2026-01-15 | Completed | 100% | $596.62 | $542.35 | -9.14% | Stop | |
| 2025-11-05 | 2025-11-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.25% | Interest Income | |
| 2025-08-21 | 2025-11-05 | Completed | 100% | $703.79 | $626.00 | -11.10% | Stop | |
| 2025-07-30 | 2025-08-21 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-05-01 | 2025-07-30 | Completed | 100% | $606.10 | $623.00 | 2.74% | Stop | |
| 2025-04-08 | 2025-05-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-03-31 | 2025-04-08 | Completed | 100% | $545.00 | $558.00 | 2.33% | Stop | |
| 2025-03-07 | 2025-03-31 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2023-10-26 | 2025-03-07 | Completed | 100% | $162.75 | $540.52 | 231.95% | Stop | |
| 2023-09-27 | 2023-10-26 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.46% | Interest Income | |
| 2023-09-06 | 2023-09-27 | Completed | 100% | $161.90 | $153.33 | -5.34% | Stop | |
| 2023-07-26 | 2023-09-06 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.62% | Interest Income | |
| 2023-06-20 | 2023-07-26 | Completed | 100% | $156.20 | $141.69 | -9.33% | Stop | |
| 2022-03-24 | 2023-06-20 | Interest (CASH) | 100% | $1.00 | $1.04 | 4.31% | Interest Income | |
| 2022-03-21 | 2022-03-24 | Completed | 100% | $143.17 | $155.15 | 8.31% | Signal | |
| 2022-02-25 | 2022-03-21 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2022-02-11 | 2022-02-25 | Completed | 100% | $168.01 | $150.47 | -10.48% | Stop | |
| 2022-01-20 | 2022-02-11 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2021-12-16 | 2022-01-20 | Completed | 100% | $229.16 | $210.89 | -8.02% | Stop | |
| 2021-11-23 | 2021-12-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-08-19 | 2021-11-23 | Completed | 100% | $203.44 | $246.23 | 20.97% | Stop | |
| 2021-07-28 | 2021-08-19 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-05-25 | 2021-07-28 | Completed | 100% | $237.01 | $220.70 | -6.93% | Stop | |
| 2021-05-03 | 2021-05-25 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-03-22 | 2021-05-03 | Completed | 100% | $276.00 | $255.42 | -7.50% | Stop | |
| 2021-02-26 | 2021-03-22 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2020-11-24 | 2021-02-26 | Completed | 100% | $267.91 | $300.00 | 11.92% | Stop | |
| 2020-11-02 | 2020-11-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-09-30 | 2020-11-02 | Completed | 100% | $244.00 | $240.01 | -1.68% | Stop | |
| 2020-09-08 | 2020-09-30 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-08-28 | 2020-09-08 | Completed | 100% | $276.10 | $240.66 | -12.88% | Stop | |
| 2020-08-06 | 2020-08-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-06-26 | 2020-08-06 | Completed | 100% | $266.60 | $252.53 | -5.32% | Stop | |
| 2020-06-15 | 2020-06-26 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |