Composer · investment strategy
by Composer Technologies · via Composer
Simple daily rule: almost always stay in SPCX (a SPAC-focused ETF) unless its price ever rises to 136 or more, in which case switch to BIL (a cash‑like T‑bill ETF). Effectively a buy‑and‑hold SPCX strategy with a high trigger to move to cash.
Description from Composer
of the return and risk figures:as the source publishes them
What $10,000 would have become, from the strategy's own published history, against the S&P 500 over the same dates. The basis is labelled.
This strategy doesn’t publish a performance history we can chart.
Each rule is quoted word for word from the strategy's own documents.
No rules extracted from this strategy’s text yet.
No published holdings for this strategy.
Compares the stated rules with the holdings (or, where none are published, a mix estimated from returns), using tests fixed before any results were seen.
No holdings on file, so nothing to test.
Strategies that share its Capital preservation label, from other sources first, strongest risk-adjusted return first.
Composer Technologies · Composer
Composer Technologies · Composer
How much of what we look for this strategy has, and why anything is missing. Fields that don't apply to it aren't counted.
6 missing
The text the rules are quoted from, with where it came from.
Each day the strategy checks SPCX’s price. If SPCX is below 136, it holds only SPCX (an ETF focused on SPAC and recent SPAC–merger stocks). If SPCX is 136 or higher, it switches to BIL (an ETF of very short‑term U.S. Treasury bills—cash‑like).
Simple daily rule: almost always stay in SPCX (a SPAC-focused ETF) unless its price ever rises to 136 or more, in which case switch to BIL (a cash‑like T‑bill ETF). Effectively a buy‑and‑hold SPCX strategy with a high trigger to move to cash.
Out-of-sample edge: Sharpe ~1.43, Calmar ~4.8, and SPAC-cycle upside with an automatic cash switch to limit stress. Stronger risk-adjusted potential than the S&P 500 in the 88-day test, though SPAC-focused and concentrated.
(Created with Composer AI)
Every value on file, each labelled with its calculation basis and as-of date.
| AI categories (Composer) | buy & hold, cash-like alternative, daily rebalance, etf, spacs, tactical switch | ||
| Asset classes / instruments | equities |
| Rebalance frequency | daily |
| Return, out-of-sample period (annualized) (out-of-sample) | 95.49% | ||
| Return, out-of-sample period (cumulative) (out-of-sample) | 17.93% | ||
| Return, trailing 1 month (out-of-sample) | 0.34% | ||
| Return, trailing 1 year (out-of-sample) | 0.00% | ||
| Return, trailing 3 months (out-of-sample) | 0.00% |
| Calmar ratio, out-of-sample period (out-of-sample) | 4.78 | ||
| Maximum drawdown, out-of-sample period (out-of-sample) | -19.97% | ||
| Sharpe ratio, out-of-sample period (out-of-sample) | 1.43 | ||
| Standard deviation, out-of-sample period (out-of-sample) | 60.00% |
Composer Technologies · Composer
Composer Technologies · Composer
