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The best indicator for Cencora (COR)

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

Trend · Daily

Donchian Breakout

On the daily chart, this is the strongest risk-adjusted edge we found for Cencora (COR) over ~31.1 years — trailing buy-and-hold by 7.0% CAGR.

10.4%
CAGR
0.59
Sharpe
-39.0%
Max DD
52.9%
Win rate
2.53
Profit factor
-7.0%
vs Buy&Hold
Best by timeframe

The winner on each chart

Daily
Donchian Breakout
-7.0% · Sharpe 0.59
Weekly
Williams %R
-8.2% · Sharpe 0.56
Full results

Every indicator, ranked

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

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1Donchian Breakout Daily10.4%0.59-39.0%52.9%121-7.0%
2Williams %R Weekly9.2%0.56-59.0%80.5%41-8.2%
3EMA 50/200 Cross Daily11.1%0.55-59.1%33.3%18-6.2%
4Donchian Midline Daily10.0%0.54-48.0%45.7%403-7.3%
5SMA 50/200 Cross Daily10.4%0.53-61.4%45.0%20-7.0%
6Donchian Breakout Weekly8.7%0.51-44.4%50.0%24-8.7%
7RSI Trend (>50) Weekly9.4%0.5-58.7%45.2%84-8.0%
8Stochastic Weekly7.6%0.5-59.0%84.4%32-9.8%
9Bollinger Breakout Daily6.9%0.49-39.0%49.0%153-10.4%
10EMA 20/50 Cross Weekly12.2%0.59-57.0%58.3%12-5.2%
11EMA 20/50 Cross Daily7.5%0.43-54.8%38.6%70-9.9%
12CCI Weekly6.7%0.42-62.7%82.1%28-10.7%
13ADX / DMI Daily5.8%0.4-44.6%42.8%201-11.6%
14RSI Trend (>50)Daily6.5%0.39-63.1%40.7%420-10.9%

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

What this means

For Cencora (COR), Donchian Breakout 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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