The best indicator for Coca-Cola Company (The) (KO)
We backtested 20 indicators across daily, weekly and hourly charts on real Coca-Cola Company (The) (KO) 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 Coca-Cola Company (The) (KO) over ~64.7 years — trailing buy-and-hold by 2.9% 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 | 9.5% | 0.58 | -61.6% | 48.1% | 27 | -2.9% |
| 2 | SMA 50/200 Cross ✓ | Daily | 8.7% | 0.56 | -64.2% | 48.9% | 45 | -3.6% |
| 3 | EMA 50/200 Cross ✓ | Daily | 8.6% | 0.55 | -60.7% | 37.2% | 43 | -3.7% |
| 4 | Donchian Breakout ✓ | Weekly | 6.3% | 0.48 | -52.6% | 57.4% | 54 | -6.0% |
| 5 | EMA 20/50 Cross ✓ | Daily | 6.3% | 0.45 | -61.3% | 40.7% | 162 | -6.1% |
| 6 | RSI Trend (>50) ✓ | Weekly | 6.3% | 0.45 | -70.1% | 44.8% | 183 | -6.1% |
| 7 | ADX / DMI ✓ | Weekly | 5.5% | 0.45 | -49.2% | 49.4% | 85 | -6.8% |
| 8 | Stochastic ✓ | Daily | 5.6% | 0.44 | -56.9% | 74.9% | 327 | -6.7% |
| 9 | Williams %R ✓ | Daily | 5.7% | 0.44 | -59.7% | 71.1% | 425 | -6.7% |
| 10 | WaveTrend (8/6/4) ✓ | Daily | 5.9% | 0.43 | -57.5% | 76.4% | 242 | -6.4% |
| 11 | Bollinger Breakout ✓ | Weekly | 5.0% | 0.43 | -49.9% | 57.1% | 63 | -7.3% |
| 12 | Williams %R ✓ | Weekly | 4.6% | 0.42 | -41.5% | 76.8% | 82 | -7.7% |
| 13 | Rate of Change ✓ | Weekly | 5.2% | 0.39 | -58.1% | 46.9% | 209 | -7.1% |
| 14 | Donchian Midline ✓ | Weekly | 5.2% | 0.39 | -74.2% | 49.5% | 190 | -7.1% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Coca-Cola Company (The) (KO), 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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