The best indicator for Everest Group (EG)
We backtested 366 indicators across daily, weekly and hourly charts on real Everest Group (EG) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Demand Index
On the weekly chart, this is the strongest risk-adjusted edge we found for Everest Group (EG) over ~30.8 years — beating buy-and-hold by 2.1% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Everest Group (EG) — trailing buy-and-hold by 3.1% 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 | Demand Index ✓ | Weekly | 13.4% | 0.73 | -37.0% | 69.1% | 97 | 2.1% |
| 2 | Holy Grail Confluence ✓ | Daily | 11.2% | 0.7 | -39.6% | 82.4% | 51 | -0.2% |
| 3 | MA Envelope ✓ | Daily | 11.3% | 0.67 | -37.5% | 72.1% | 197 | -0.1% |
| 4 | Connors RSI-2 ✓ | Weekly | 9.4% | 0.65 | -30.1% | 65.3% | 72 | -1.9% |
| 5 | Laguerre RSI ✓ | Daily | 8.6% | 0.64 | -30.8% | 68.4% | 231 | -2.8% |
| 6 | MA Envelope ✓ | Weekly | 10.8% | 0.63 | -34.5% | 67.9% | 78 | -0.5% |
| 7 | Keltner Mean-Reversion ✓ | Daily | 7.6% | 0.58 | -36.7% | 76.1% | 92 | -3.8% |
| 8 | Stochastic ✓ | Daily | 9.6% | 0.55 | -40.8% | 75.3% | 150 | -1.8% |
| 9 | DeMarker ✓ | Daily | 8.6% | 0.53 | -35.9% | 74.7% | 99 | -2.8% |
| 10 | Bollinger Mean-Reversion ✓ | Daily | 7.4% | 0.52 | -36.2% | 72.3% | 130 | -4.0% |
| 11 | Murrey Math Lines ✓ | Daily | 8.1% | 0.52 | -36.2% | 79.1% | 86 | -3.3% |
| 12 | Fibonacci Bands ✓ | Daily | 7.4% | 0.52 | -36.2% | 72.3% | 130 | -4.0% |
| 13 | Stochastic Momentum Index ✓ | Daily | 7.2% | 0.51 | -35.7% | 69.8% | 129 | -4.2% |
| 14 | Intraday Momentum Index ✓ | Daily | 8.6% | 0.51 | -39.6% | 77.6% | 85 | -2.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Everest Group (EG), Demand Index on the weekly 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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