The best indicator for DraftKings
We backtested 382 indicators across daily, weekly and hourly charts on real DraftKings history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where DraftKings stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
Relative Volatility Index
On the daily chart, this is the strongest risk-adjusted edge we found for DraftKings over ~7.2 years — beating buy-and-hold by 29.2% CAGR.
DraftKings on the daily chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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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 | Relative Volatility Index ✓ | Daily | 39.3% | 1.04 | -35.9% | 46.7% | 92 | 29.2% |
| 2 | Bullish Harami ✓ | Daily | 19.8% | 0.94 | -23.5% | 40.3% | 67 | 9.6% |
| 3 | Vertical Horizontal Filter | Daily | 25.8% | 0.91 | -26.7% | 59.0% | 61 | 15.6% |
| 4 | TRIMA 30 Trend | Daily | 29.4% | 0.88 | -38.7% | 47.1% | 51 | 19.2% |
| 5 | Bollinger Breakout ✓ | Daily | 25.3% | 0.86 | -42.7% | 45.7% | 35 | 15.1% |
| 6 | Keltner Mean-Reversion ✓ | Daily | 23.2% | 0.86 | -56.5% | 84.0% | 25 | 13.0% |
| 7 | On-Balance Volume ✓ | Daily | 30.9% | 0.85 | -53.2% | 41.2% | 119 | 20.7% |
| 8 | Net Volume ✓ | Daily | 29.9% | 0.82 | -65.7% | 48.8% | 82 | 19.7% |
| 9 | Liquidity Flow Oscillator ✓ | Daily | 29.9% | 0.82 | -65.7% | 48.8% | 82 | 19.7% |
| 10 | Acceleration Bands | Daily | 20.0% | 0.81 | -28.5% | 38.9% | 72 | 9.9% |
| 11 | Volume Oscillator | Daily | 21.5% | 0.77 | -53.2% | 44.4% | 63 | 11.4% |
| 12 | Ulcer Index | Daily | 22.6% | 0.77 | -55.0% | 44.9% | 49 | 12.5% |
| 13 | Laguerre RSI ✓ | Weekly | 22.9% | 0.84 | -31.2% | 84.6% | 13 | 13.4% |
| 14 | Keltner 10 (x1.5) ✓ | Daily | 10.6% | 0.72 | -15.5% | 37.3% | 59 | 0.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
The question doesn't apply here. Buy-and-hold on DraftKings lost money across the out-of-sample window in 332 of 332 tests, so there is no positive benchmark to lever toward — clearing a negative bar is a much weaker claim than beating a real one, and we keep the two apart rather than counting it as a win. How we compute that
For DraftKings, Relative Volatility Index on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — 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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