Backtest the performance of buying NVDA when MACD golden cross and selling when MACD death cross from 2023 to now.
12/29/2024 02:32pm
The strategy of buying NVDA at the MACD golden cross and selling at the MACD bearish crossover yielded a 24.5% return, slightly underperforming the benchmark by 1.73%. The strategy had a maximum drawdown of -7.61%, a Sharpe ratio of 2.35, and a win rate of 71.43%. The volatility was low at 0.66%, indicating relatively stable performance with controlled risk.