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 over the full backtest, with costs, and checked out-of-sample.
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 ~11.2 years — trailing buy-and-hold by 17.0% 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 | 26.7% | 1.12 | -27.5% | 84.6% | 39 | -17.0% |
| 2 | Order-Flow Reversion ✓ | Daily | 25.7% | 1.05 | -29.4% | 78.3% | 46 | -18.0% |
| 3 | Bollinger Mean-Reversion ✓ | Daily | 26.3% | 0.97 | -29.4% | 77.4% | 53 | -17.4% |
| 4 | Fibonacci Bands ✓ | Daily | 26.3% | 0.97 | -29.4% | 77.4% | 53 | -17.4% |
| 5 | VWAP Bands ✓ | Daily | 23.1% | 0.94 | -29.4% | 70.8% | 48 | -20.6% |
| 6 | SMC: Fair Value Gap ✓ | Weekly | 34.6% | 0.92 | -50.8% | 52.4% | 21 | -8.0% |
| 7 | MA Envelope ✓ | Daily | 28.6% | 0.89 | -55.1% | 68.8% | 112 | -15.1% |
| 8 | T3 10/40 Cross ✓ | Daily | 31.5% | 0.89 | -46.1% | 54.8% | 31 | -12.2% |
| 9 | Markov Regime ✓ | Daily | 36.8% | 0.89 | -49.1% | 53.0% | 219 | -6.9% |
| 10 | TRIX (15) ✓ | Daily | 32.1% | 0.88 | -46.4% | 44.8% | 29 | -11.6% |
| 11 | Volume Zone Oscillator ✓ | Weekly | 30.0% | 0.88 | -60.9% | 42.6% | 68 | -12.6% |
| 12 | WMA 15/60 Cross ✓ | Daily | 30.9% | 0.85 | -58.5% | 38.2% | 34 | -12.8% |
| 13 | Ehlers Reflex ✓ | Weekly | 30.6% | 0.85 | -63.4% | 44.4% | 18 | -12.1% |
| 14 | Parabolic SAR (fast) ✓ | Weekly | 28.8% | 0.85 | -68.7% | 43.9% | 41 | -13.8% |
✓ = 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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