The best indicator for Coherent Corp. (COHR)
We backtested 20 indicators across daily, weekly and hourly charts on real Coherent Corp. (COHR) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
EMA 20/50 Cross
On the weekly chart, this is the strongest risk-adjusted edge we found for Coherent Corp. (COHR) over ~38.8 years — trailing buy-and-hold by 3.5% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | EMA 20/50 Cross ✓ | Weekly | 15.7% | 0.52 | -67.3% | 56.2% | 16 | -3.5% |
| 2 | EMA 50/200 Cross ✓ | Daily | 14.4% | 0.51 | -69.1% | 35.7% | 28 | -5.0% |
| 3 | Bollinger Mean-Reversion ✓ | Daily | 11.6% | 0.51 | -70.1% | 59.4% | 165 | -7.8% |
| 4 | Holy Grail Confluence ✓ | Daily | 11.9% | 0.49 | -71.2% | 71.4% | 63 | -7.5% |
| 5 | Money Flow Index ✓ | Daily | 11.5% | 0.48 | -81.1% | 62.7% | 67 | -7.8% |
| 6 | SMA 50/200 Cross ✓ | Daily | 9.8% | 0.42 | -78.1% | 34.4% | 32 | -9.6% |
| 7 | EMA 20/50 Cross ✓ | Daily | 9.6% | 0.42 | -90.6% | 33.0% | 88 | -9.8% |
| 8 | Donchian Midline ✓ | Weekly | 10.3% | 0.42 | -81.5% | 38.9% | 113 | -9.0% |
| 9 | Stochastic ✓ | Weekly | 7.9% | 0.4 | -73.2% | 80.0% | 45 | -11.3% |
| 10 | MACD ✓ | Weekly | 9.3% | 0.39 | -75.5% | 41.0% | 78 | -10.0% |
| 11 | RSI Trend (>50) ✓ | Weekly | 8.9% | 0.39 | -84.7% | 39.7% | 126 | -10.4% |
| 12 | EMA-10 Trend ✓ | Weekly | 9.1% | 0.39 | -86.5% | 45.5% | 187 | -10.1% |
| 13 | WaveTrend (8/6/4) ✓ | Daily | 6.9% | 0.36 | -75.5% | 66.4% | 131 | -12.5% |
| 14 | ADX / DMI ✓ | Daily | 6.7% | 0.35 | -83.6% | 46.1% | 254 | -12.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Coherent Corp. (COHR), EMA 20/50 Cross on the weekly 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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