The best indicator for Texas Pacific Land Corporation (TPL)
We backtested 366 indicators across daily, weekly and hourly charts on real Texas Pacific Land Corporation (TPL) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
KAMA 100 Trend
On the daily chart, this is the strongest risk-adjusted edge we found for Texas Pacific Land Corporation (TPL) over ~46.2 years — beating buy-and-hold by 3.6% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Texas Pacific Land Corporation (TPL) — beating buy-and-hold by 1.4% 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 | KAMA 100 Trend ✓ | Daily | 19.1% | 0.86 | -57.0% | 37.1% | 291 | 3.6% |
| 2 | WMA 20/50 Cross ✓ | Daily | 19.4% | 0.85 | -62.7% | 43.8% | 144 | 3.9% |
| 3 | DeMarker (21) ✓ | Daily | 19.0% | 0.84 | -53.1% | 42.6% | 427 | 3.5% |
| 4 | WMA 15/60 Cross ✓ | Daily | 19.0% | 0.84 | -54.9% | 46.5% | 144 | 3.5% |
| 5 | Donchian Breakout ✓ | Daily | 17.2% | 0.83 | -55.3% | 49.1% | 173 | 1.6% |
| 6 | Keltner Breakout ✓ | Daily | 14.7% | 0.83 | -39.7% | 45.5% | 176 | -0.8% |
| 7 | Guppy Multiple MA ✓ | Daily | 18.8% | 0.83 | -54.1% | 38.9% | 175 | 3.3% |
| 8 | Relative Volatility Index ✓ | Daily | 18.3% | 0.83 | -47.8% | 43.9% | 626 | 2.8% |
| 9 | Instantaneous Trendline ✓ | Daily | 18.6% | 0.83 | -53.5% | 37.2% | 443 | 3.1% |
| 10 | EMA 20/50 Cross ✓ | Daily | 18.6% | 0.82 | -57.3% | 42.0% | 88 | 3.1% |
| 11 | Relative Momentum Index ✓ | Daily | 18.2% | 0.82 | -55.1% | 41.1% | 219 | 2.7% |
| 12 | Hull Suite ✓ | Daily | 18.0% | 0.82 | -44.3% | 44.9% | 256 | 2.4% |
| 13 | Geometric MA ✓ | Daily | 17.1% | 0.82 | -61.3% | 39.7% | 546 | 1.6% |
| 14 | SMA 10/40 Cross ✓ | Daily | 18.5% | 0.82 | -57.0% | 44.8% | 172 | 3.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Texas Pacific Land Corporation (TPL), KAMA 100 Trend on the daily 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.
More stock
Get the weekly edge report
The best-performing indicator per asset, what changed this week, and the honest caveats — straight to your inbox.