The best indicator for Public Service Enterprise Group (PEG)
We backtested 366 indicators across daily, weekly and hourly charts on real Public Service Enterprise Group (PEG) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Markov Regime
On the daily chart, this is the strongest risk-adjusted edge we found for Public Service Enterprise Group (PEG) over ~46.4 years — trailing buy-and-hold by 0.5% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Public Service Enterprise Group (PEG) — trailing buy-and-hold by 8.8% 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 | Markov Regime ✓ | Daily | 11.7% | 0.62 | -54.3% | 57.7% | 26 | -0.5% |
| 2 | Camarilla Pivots ✓ | Weekly | 8.2% | 0.59 | -42.7% | 56.9% | 499 | -3.9% |
| 3 | Pivot Points (Standard) ✓ | Weekly | 7.1% | 0.57 | -45.0% | 55.3% | 342 | -5.0% |
| 4 | Fibonacci Pivots ✓ | Weekly | 7.2% | 0.57 | -45.0% | 55.9% | 365 | -4.9% |
| 5 | QQE ✓ | Weekly | 10.1% | 0.56 | -51.4% | 54.7% | 139 | -2.0% |
| 6 | MA Envelope ✓ | Weekly | 6.9% | 0.56 | -42.0% | 70.3% | 91 | -5.1% |
| 7 | VIDYA 100 Trend ✓ | Daily | 9.2% | 0.55 | -51.6% | 36.2% | 58 | -3.0% |
| 8 | QQE ✓ | Daily | 9.6% | 0.54 | -54.0% | 42.2% | 696 | -2.5% |
| 9 | VIDYA 200 Trend ✓ | Daily | 10.4% | 0.57 | -63.9% | 35.7% | 14 | -1.7% |
| 10 | Stochastic Momentum Index ✓ | Daily | 6.1% | 0.53 | -44.8% | 74.0% | 196 | -6.0% |
| 11 | Connors RSI-2 ✓ | Weekly | 5.9% | 0.53 | -47.1% | 67.7% | 96 | -6.2% |
| 12 | SMA 15/60 Cross ✓ | Weekly | 8.3% | 0.53 | -47.6% | 69.6% | 23 | -3.8% |
| 13 | Williams %R ✓ | Daily | 6.6% | 0.52 | -52.3% | 71.3% | 307 | -5.5% |
| 14 | SMA 20/50 Cross ✓ | Weekly | 8.1% | 0.52 | -47.3% | 64.0% | 25 | -4.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Public Service Enterprise Group (PEG), Markov Regime 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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