Jade
Momentum leaders with disciplined position retentionJade looks for liquid stocks showing sustained market leadership, then gives established positions more room than new candidates. The aim is to stay with durable trends while limiting unnecessary turnover.
Signal from the 2026-08-21 close, filled at the next session’s open.
Core idea
Market leadership often persists longer than investors expect. Jade ranks liquid stocks showing sustained leadership and gives an established holding more room than a new candidate. That steadier retention standard helps the portfolio stay with a trend through ordinary pullbacks.
What the model evaluates
The model combines several related observations rather than relying on a single price move. The exact weights and measurement windows remain private.
- Price leadership across more than one horizon
- Whether a stock remains near its prior highs
- Liquidity and the quality of the prevailing trend
- Whether broad market conditions support momentum exposure
Portfolio process
Selection is systematic. The same process is applied to the eligible universe each day, with no manual override of individual stocks.
- Eligible stocks are ranked against one another after each close.
- The strongest candidates form a concentrated portfolio.
- Existing holdings receive a steadier retention test to reduce needless turnover.
- Exposure can fall when the broader market becomes less supportive.
Research process
Historical simulations apply the same systematic approach across different market environments. Signals use only information available by each close, and any resulting trade is priced at the following open.
The public Performance page shows the complete historical record and its main risk statistics. These simulations remain estimates, and future market conditions can produce a different outcome.
Execution
The model reviews the market after each close, ranks eligible stocks, and sets the next target portfolio. Orders are assumed to fill at the next market open. Real fills can differ as trading conditions change and order size varies.
Risks and limits
- Momentum reversals can be fast, and recent leaders can fall together when market leadership changes.
- Sideways markets can produce repeated entries and exits without a durable trend.
- A defensive posture can reduce losses during a decline and still miss the first part of a rebound.
- Historical membership and delisting coverage are incomplete, so the simulated universe cannot perfectly reconstruct every past opportunity.
- Backtests describe one historical path. Changes in market structure or crowding can produce materially different results.