The best indicator for Lumentum (LITE)
We backtested 382 indicators across daily, weekly and hourly charts on real Lumentum (LITE) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where Lumentum (LITE) 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.
Keltner Mean-Reversion
On the daily chart, this is the strongest risk-adjusted edge we found for Lumentum (LITE) over ~10.8 years — trailing buy-and-hold by 19.0% CAGR.
Lumentum (LITE) 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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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Lumentum (LITE) — trailing buy-and-hold by 17.7% 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 | Keltner Mean-Reversion ✓ | Daily | 24.6% | 1.05 | -27.5% | 84.2% | 38 | -19.0% |
| 2 | Order-Flow Reversion ✓ | Daily | 23.6% | 0.98 | -29.4% | 77.8% | 45 | -20.0% |
| 3 | SMC: Fair Value Gap ✓ | Weekly | 35.0% | 0.94 | -50.8% | 52.4% | 21 | -8.3% |
| 4 | Markov Regime ✓ | Daily | 39.1% | 0.93 | -49.1% | 52.2% | 207 | -4.5% |
| 5 | Bollinger Mean-Reversion ✓ | Daily | 23.6% | 0.91 | -29.4% | 76.5% | 51 | -20.1% |
| 6 | Fibonacci Bands ✓ | Daily | 23.6% | 0.91 | -29.4% | 76.5% | 51 | -20.1% |
| 7 | Volume Zone Oscillator ✓ | Weekly | 31.4% | 0.9 | -60.9% | 43.9% | 66 | -11.9% |
| 8 | T3 10/40 Cross ✓ | Daily | 31.2% | 0.89 | -46.1% | 53.3% | 30 | -12.4% |
| 9 | Woodie Pivots ✓ | Weekly | 32.3% | 0.89 | -58.7% | 49.1% | 110 | -11.0% |
| 10 | Donchian 20 Break ✓ | Daily | 31.7% | 0.88 | -58.5% | 46.4% | 28 | -12.0% |
| 11 | TRIX (15) ✓ | Daily | 31.8% | 0.88 | -46.4% | 42.9% | 28 | -11.8% |
| 12 | MA Envelope ✓ | Daily | 26.6% | 0.87 | -55.1% | 67.9% | 106 | -17.0% |
| 13 | WMA 15/60 Cross ✓ | Daily | 31.6% | 0.87 | -58.5% | 36.4% | 33 | -12.1% |
| 14 | Supertrend (7,3) ✓ | Daily | 31.3% | 0.87 | -43.6% | 52.6% | 38 | -12.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Lumentum (LITE)
8 of 426 tested setups beat buy-and-hold on Lumentum (LITE) outright. Another 178 could get there with leverage they would survive — but 229 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| QQE | 1 | 1.36× | 2.44× |
| Volume Zone Oscillator | 1 | 1.84× | 2.78× |
| MAMA / FAMA | 1 | none needed | 3.26× |
| RSI (7) | 1 | none needed | 2.75× |
| Elder Bull Power | 1 | none needed | 2.75× |
| Parabolic SAR (fast) | 1 | none needed | 3.03× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Lumentum (LITE), Keltner Mean-Reversion 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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