The best indicator for Live Nation Entertainment (LYV)
We backtested 20 indicators across daily, weekly and hourly charts on real Live Nation Entertainment (LYV) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Stochastic
On the weekly chart, this is the strongest risk-adjusted edge we found for Live Nation Entertainment (LYV) over ~20.5 years — trailing buy-and-hold by 0.4% 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 | Stochastic ✓ | Weekly | 13.1% | 0.57 | -56.3% | 86.4% | 22 | -0.4% |
| 2 | EMA-10 Trend ✓ | Daily | 10.0% | 0.46 | -56.9% | 41.3% | 441 | -4.1% |
| 3 | RSI Trend (>50) ✓ | Daily | 9.5% | 0.45 | -59.8% | 36.1% | 285 | -4.6% |
| 4 | WaveTrend (8/6/4) ✓ | Daily | 8.6% | 0.41 | -79.6% | 74.7% | 79 | -5.5% |
| 5 | Rate of Change ✓ | Daily | 8.2% | 0.41 | -56.2% | 43.4% | 318 | -5.9% |
| 6 | EMA-10 Trend ✓ | Weekly | 7.9% | 0.41 | -51.5% | 44.7% | 103 | -5.5% |
| 7 | WaveTrend (8/6/4) ✓ | Weekly | 8.8% | 0.43 | -56.3% | 71.4% | 14 | -4.7% |
| 8 | MACD ✓ | Daily | 7.9% | 0.4 | -70.7% | 45.0% | 189 | -6.2% |
| 9 | EMA 50/200 Cross ✓ | Daily | 7.4% | 0.39 | -68.5% | 37.5% | 16 | -6.7% |
| 10 | Donchian Breakout ✓ | Daily | 7.2% | 0.39 | -49.9% | 47.5% | 80 | -6.9% |
| 11 | Williams %R ✓ | Weekly | 7.7% | 0.39 | -77.6% | 78.6% | 28 | -5.8% |
| 12 | Donchian Midline ✓ | Daily | 7.3% | 0.38 | -53.2% | 38.5% | 278 | -6.8% |
| 13 | MACD ✓ | Weekly | 7.4% | 0.38 | -73.3% | 42.2% | 45 | -6.1% |
| 14 | ADX / DMI ✓ | Daily | 6.2% | 0.36 | -61.4% | 35.3% | 136 | -7.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Live Nation Entertainment (LYV), Stochastic 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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