The best indicator for HP Inc. (HPQ)
We backtested 20 indicators across daily, weekly and hourly charts on real HP Inc. (HPQ) 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 HP Inc. (HPQ) over ~64.7 years — trailing buy-and-hold by 1.7% 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 | 8.9% | 0.46 | -56.1% | 51.9% | 27 | -1.7% |
| 2 | Rate of Change ✓ | Weekly | 8.1% | 0.44 | -52.8% | 46.5% | 213 | -2.5% |
| 3 | Donchian Midline ✓ | Weekly | 7.8% | 0.43 | -59.4% | 43.2% | 169 | -2.8% |
| 4 | RSI Trend (>50) ✓ | Weekly | 7.5% | 0.42 | -50.2% | 44.0% | 168 | -3.2% |
| 5 | Donchian Breakout ✓ | Weekly | 6.6% | 0.41 | -55.6% | 52.9% | 51 | -4.0% |
| 6 | EMA 50/200 Cross ✓ | Daily | 7.2% | 0.4 | -69.7% | 45.7% | 46 | -3.4% |
| 7 | SMA 50/200 Cross ✓ | Daily | 6.9% | 0.39 | -70.9% | 45.5% | 44 | -3.7% |
| 8 | ADX / DMI ✓ | Weekly | 5.6% | 0.37 | -54.6% | 50.0% | 102 | -5.0% |
| 9 | EMA 20/50 Cross ✓ | Daily | 6.1% | 0.36 | -67.5% | 36.4% | 151 | -4.5% |
| 10 | Donchian Breakout ✓ | Daily | 5.5% | 0.35 | -62.8% | 44.0% | 266 | -5.1% |
| 11 | RSI Trend (>50) ✓ | Daily | 5.6% | 0.34 | -84.5% | 38.6% | 878 | -5.0% |
| 12 | ADX / DMI ✓ | Daily | 4.9% | 0.34 | -45.1% | 39.2% | 400 | -5.7% |
| 13 | MACD ✓ | Weekly | 5.5% | 0.34 | -68.5% | 48.1% | 135 | -5.2% |
| 14 | Money Flow Index ✓ | Weekly | 5.1% | 0.34 | -82.3% | 86.7% | 15 | -5.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For HP Inc. (HPQ), 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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