The best indicator for News Corp (Class A) (NWSA)
We backtested 20 indicators across daily, weekly and hourly charts on real News Corp (Class A) (NWSA) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Money Flow Index
On the daily chart, this is the strongest risk-adjusted edge we found for News Corp (Class A) (NWSA) over ~12.9 years — beating buy-and-hold by 4.8% 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 | Money Flow Index ✓ | Daily | 10.2% | 0.61 | -35.9% | 78.6% | 14 | 4.8% |
| 2 | Bollinger Mean-Reversion ✓ | Daily | 6.7% | 0.47 | -35.9% | 64.2% | 67 | 1.3% |
| 3 | Bollinger Breakout ✓ | Daily | 6.0% | 0.47 | -26.2% | 45.3% | 53 | 0.6% |
| 4 | Holy Grail Confluence ✓ | Daily | 5.5% | 0.4 | -43.5% | 71.4% | 21 | 0.1% |
| 5 | Bollinger Mean-Reversion ✓ | Weekly | 6.0% | 0.47 | -31.7% | 75.0% | 12 | 0.6% |
| 6 | Williams %R ✓ | Weekly | 5.3% | 0.37 | -40.5% | 72.2% | 18 | -0.2% |
| 7 | Stochastic ✓ | Weekly | 4.9% | 0.35 | -40.5% | 71.4% | 14 | -0.5% |
| 8 | CCI ✓ | Weekly | 4.7% | 0.34 | -39.2% | 85.7% | 14 | -0.7% |
| 9 | RSI Mean-Reversion ✓ | Daily | 3.5% | 0.31 | -33.6% | 68.2% | 22 | -1.9% |
| 10 | MACD ✓ | Daily | 2.0% | 0.2 | -41.6% | 39.0% | 123 | -3.4% |
| 11 | WaveTrend (8/6/4) ✓ | Daily | 1.9% | 0.19 | -46.6% | 58.3% | 48 | -3.5% |
| 12 | Heikin-Ashi Trend ✓ | Weekly | 1.9% | 0.19 | -43.6% | 43.9% | 123 | -3.6% |
| 13 | SMA 50/200 Cross ✓ | Daily | 2.9% | 0.25 | -38.6% | 33.3% | 9 | -2.5% |
| 14 | Donchian Midline ✓ | Daily | 1.1% | 0.15 | -46.3% | 37.6% | 181 | -4.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For News Corp (Class A) (NWSA), Money Flow Index on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — 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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