The best indicator for News Corp (Class B) (NWS)
We backtested 366 indicators across daily, weekly and hourly charts on real News Corp (Class B) (NWS) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Stochastic Momentum Index
On the weekly chart, this is the strongest risk-adjusted edge we found for News Corp (Class B) (NWS) over ~13.0 years — beating buy-and-hold by 2.8% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for News Corp (Class B) (NWS) — trailing buy-and-hold by 0.0% 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 | Stochastic Momentum Index ✓ | Weekly | 9.2% | 0.72 | -21.9% | 92.9% | 14 | 2.8% |
| 2 | Zero-Lag MACD ✓ | Weekly | 10.6% | 0.6 | -35.3% | 50.9% | 55 | 4.2% |
| 3 | Stochastic RSI ✓ | Weekly | 7.6% | 0.56 | -25.0% | 78.3% | 23 | 1.2% |
| 4 | Williams %R ✓ | Weekly | 8.7% | 0.54 | -35.1% | 89.5% | 19 | 2.2% |
| 5 | Bollinger Mean-Reversion ✓ | Daily | 7.5% | 0.52 | -38.0% | 68.7% | 67 | 0.9% |
| 6 | Fibonacci Bands ✓ | Daily | 7.5% | 0.52 | -38.0% | 68.7% | 67 | 0.9% |
| 7 | Stochastic ✓ | Weekly | 7.9% | 0.52 | -36.0% | 76.5% | 17 | 1.5% |
| 8 | TEMA 20/50 Cross ✓ | Daily | 7.3% | 0.47 | -29.2% | 41.8% | 67 | 0.7% |
| 9 | Detrended Price Osc. ✓ | Weekly | 8.1% | 0.46 | -42.2% | 49.3% | 69 | 1.6% |
| 10 | Demand Index ✓ | Weekly | 7.4% | 0.45 | -33.2% | 70.6% | 34 | 1.0% |
| 11 | Projection Bands ✓ | Weekly | 7.0% | 0.45 | -33.2% | 84.0% | 25 | 0.6% |
| 12 | Order-Flow Reversion ✓ | Weekly | 7.5% | 0.56 | -33.2% | 91.7% | 12 | 1.1% |
| 13 | Chande Forecast Osc. ✓ | Weekly | 6.6% | 0.43 | -33.8% | 51.5% | 68 | 0.2% |
| 14 | Bollinger Mean-Reversion ✓ | Weekly | 6.7% | 0.49 | -33.2% | 92.3% | 13 | 0.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For News Corp (Class B) (NWS), Stochastic Momentum 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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