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The best indicator for Arthur J. Gallagher & Co. (AJG)

We backtested 20 indicators across daily, weekly and hourly charts on real Arthur J. Gallagher & Co. (AJG) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Trend · Daily

SMA 50/200 Cross

On the daily chart, this is the strongest risk-adjusted edge we found for Arthur J. Gallagher & Co. (AJG) over ~42.0 years — trailing buy-and-hold by 4.8% CAGR.

10.2%
CAGR
0.58
Sharpe
-40.6%
Max DD
52.0%
Win rate
8.31
Profit factor
-4.8%
vs Buy&Hold
Best by timeframe

The winner on each chart

Daily
SMA 50/200 Cross
-4.8% · Sharpe 0.58
Weekly
EMA 20/50 Cross
-4.9% · Sharpe 0.55
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1SMA 50/200 Cross Daily10.2%0.58-40.6%52.0%25-4.8%
2Bollinger Breakout Daily7.0%0.58-33.6%46.7%184-8.0%
3Donchian Breakout Daily8.2%0.58-44.8%51.5%165-6.8%
4ADX / DMI Daily7.3%0.56-51.1%46.7%272-7.6%
5MACD Daily8.3%0.55-59.8%47.5%419-6.6%
6Rate of Change Daily8.3%0.54-46.7%45.2%664-6.7%
7EMA 20/50 Cross Weekly10.0%0.55-38.3%64.3%14-4.9%
8EMA 50/200 Cross Daily8.9%0.51-55.4%45.8%24-6.0%
9Heikin-Ashi Trend Weekly7.5%0.51-55.4%51.9%385-7.5%
10EMA 20/50 Cross Daily7.4%0.49-47.0%45.6%90-7.5%
11Donchian Midline Daily7.0%0.47-68.4%39.5%570-7.9%
12Donchian Midline Weekly7.2%0.47-54.8%45.4%108-7.8%
13Rate of Change Weekly6.6%0.44-64.7%49.3%134-8.4%
14RSI Trend (>50) Daily6.1%0.42-76.2%39.7%564-8.8%

= held up out-of-sample. Hypothetical, costs included. See methodology.

What this means

For Arthur J. Gallagher & Co. (AJG), SMA 50/200 Cross on the daily timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.

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