The best indicator for Apollo Global Management (APO)
We backtested 366 indicators across daily, weekly and hourly charts on real Apollo Global Management (APO) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
DeMarker (21)
On the daily chart, this is the strongest risk-adjusted edge we found for Apollo Global Management (APO) over ~15.2 years — trailing buy-and-hold by 1.6% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Apollo Global Management (APO) — trailing buy-and-hold by 8.4% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | DeMarker (21) ✓ | Daily | 19.5% | 0.89 | -39.6% | 49.7% | 149 | -1.6% |
| 2 | McGinley 30 Trend ✓ | Daily | 22.2% | 0.89 | -42.9% | 39.8% | 98 | 1.1% |
| 3 | WMA 20/80 Cross ✓ | Daily | 20.0% | 0.88 | -37.9% | 61.1% | 36 | -1.1% |
| 4 | Stochastic RSI ✓ | Weekly | 18.5% | 0.88 | -38.2% | 84.6% | 26 | -2.5% |
| 5 | EMA 20/50 Cross ✓ | Daily | 19.9% | 0.87 | -45.9% | 44.8% | 29 | -1.2% |
| 6 | DMI Direction ✓ | Daily | 18.7% | 0.87 | -31.3% | 43.8% | 160 | -2.4% |
| 7 | SMC: Break of Structure ✓ | Daily | 18.6% | 0.84 | -38.3% | 55.3% | 38 | -2.5% |
| 8 | ROC (30) ✓ | Daily | 18.2% | 0.83 | -44.4% | 46.4% | 125 | -2.9% |
| 9 | CMO (30) ✓ | Daily | 18.2% | 0.83 | -44.4% | 46.4% | 125 | -2.9% |
| 10 | Momentum (30) ✓ | Daily | 18.2% | 0.83 | -44.4% | 46.4% | 125 | -2.9% |
| 11 | DEMA 100 Trend ✓ | Daily | 16.0% | 0.82 | -30.6% | 41.5% | 123 | -5.1% |
| 12 | CCI (100) ✓ | Daily | 18.0% | 0.82 | -36.6% | 31.5% | 54 | -3.1% |
| 13 | Rate of Change ✓ | Daily | 18.3% | 0.81 | -44.6% | 43.3% | 215 | -2.8% |
| 14 | Relative Volatility Index ✓ | Weekly | 19.8% | 0.81 | -35.4% | 44.4% | 45 | -1.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Apollo Global Management (APO), DeMarker (21) on the daily timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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