The best indicator for e.l.f.
We backtested 382 indicators across daily, weekly and hourly charts on real e.l.f. history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where e.l.f. 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.
Volume Oscillator
On the weekly chart, this is the strongest risk-adjusted edge we found for e.l.f. over ~10.1 years — beating buy-and-hold by 16.3% CAGR.
e.l.f. on the weekly 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 | Volume Oscillator ✓ | Weekly | 31.0% | 1.07 | -35.4% | 69.6% | 23 | 16.3% |
| 2 | Relative Volatility Index ✓ | Daily | 34.3% | 0.99 | -38.5% | 39.5% | 129 | 20.0% |
| 3 | Three White Soldiers ✓ | Daily | 25.8% | 0.98 | -43.4% | 57.3% | 103 | 11.5% |
| 4 | DEMA 200 Trend ✓ | Daily | 29.0% | 0.94 | -37.6% | 50.0% | 42 | 14.7% |
| 5 | TEMA 200 Trend ✓ | Daily | 25.0% | 0.88 | -46.4% | 50.0% | 54 | 10.7% |
| 6 | EMA 15/60 Cross ✓ | Daily | 28.6% | 0.88 | -46.7% | 33.3% | 18 | 14.3% |
| 7 | Piercing Line ✓ | Daily | 14.6% | 0.87 | -33.6% | 43.5% | 46 | 0.3% |
| 8 | EMA 20/50 Cross ✓ | Daily | 26.3% | 0.84 | -48.0% | 45.0% | 20 | 12.0% |
| 9 | EMA 13/48 Cross ✓ | Daily | 26.6% | 0.84 | -55.1% | 37.5% | 24 | 12.3% |
| 10 | Pring's Special K ✓ | Daily | 18.6% | 0.84 | -46.4% | 50.0% | 84 | 4.3% |
| 11 | Net Volume ✓ | Daily | 26.5% | 0.83 | -60.1% | 43.3% | 120 | 12.2% |
| 12 | Liquidity Flow Oscillator ✓ | Daily | 26.5% | 0.83 | -60.1% | 43.3% | 120 | 12.2% |
| 13 | HLC Trend ✓ | Weekly | 24.9% | 0.81 | -43.8% | 52.2% | 23 | 10.2% |
| 14 | Perfect Trend Line ✓ | Weekly | 26.0% | 0.81 | -67.6% | 42.4% | 59 | 11.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
The question doesn't apply here. Buy-and-hold on e.l.f. lost money across the out-of-sample window in 413 of 413 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 e.l.f., Volume Oscillator 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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