Advanced Statistics are meant to provide further insights for WallStreet.io Strategies. Checkout helpful definitions below:

  • Average Return: The average return per trade in a given strategy.

  • Daily Gain Percent: Net profit, expressed as a percent, for the entire strategy divided by the total number of days the strategy was 'active' or 'in a trade' (i.e. the average progress achieved daily). It is not to be thought of as a "literal" amount of change to expect at any given point in a trade ,e.g., if you are in a trade for a strategy with a "daily gain percent" of 0.5% and 4 days later the stock is not 2% higher (0.5% x 4 days = 2%), then it is not a sign the trade will fail. It's a generally expected slope or angle to trending prices within a given trade for a strategy. Practically, it could be a quick way to guess what kinds of returns to expect nearing the end of a trade ,e.g., if you are in a trade for a strategy with a "daily gain percent" of 0.5% and 12 days later the trade is ending, then you might expect the stock to be within some variance +/- of a 6% gain (0.5% x 12 = 6%). It may also imply the trendiness of a strategy.

  • Buy and Hold Alpha: The multiple of strategy gains compared to the gains achieved through buying and holding over a period. A value close to 1 indicates no difference between buy and hold vs trading the strategy over a period. For example-- if Buy & Hold Gains equal $100 and the "Buy and Hold Alpha" equals 1, then... 1 x $100 = $100 Strategy Gains. Another Example-- "Buy and Hold Alpha" equals 1.83 and "Buy & Hold Gains” equal $100, then… 1.83 x $100 Buy & Hold Gains = $183 Strategy Gains. The higher the number is above 1, the more a strategy has outperformed Buy and Hold.

  • Efficiency Ratio: A measure of *noise. To find this ratio-- take the net change in price from the start to the end of the trade, divide it by the sum of absolute price changes (always a positive number) from period to period. Values range from 0 - 1. A "Relatively" High Efficiency value = Low Noise (*Noise is the erratic movement that makes up the pattern of any price series [price action]. High noise is good for mean-reverting and arbitrage strategies [neutral strategies]. Low noise favors trend following.)

  • Median Max Positive Delta: From the opening price of a trade to the highest price achieved during that trade. A median is calculated from every trade within the period of the strategy.

  • Median Max Negative Delta: From the opening price of a trade to the lowest price achieved during that trade. A median is calculated from every trade within the period of the strategy.

  • Median Delta Ratio: Considering the total range of Median Max Positive & Negative Delta's, how much of it is made up of Median Max Positive Delta? Values range from 0 - 1: values near 0.5 = price action is generally neutral, values near 0 = price action skews bearish, and values near 1 = price action skews bullish.

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