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The best indicator for Public Service Enterprise Group (PEG)

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

Oscillator · Daily

Williams %R

On the daily chart, this is the strongest risk-adjusted edge we found for Public Service Enterprise Group (PEG) over ~46.4 years — trailing buy-and-hold by 5.5% CAGR.

6.6%
CAGR
0.52
Sharpe
-52.3%
Max DD
71.3%
Win rate
2.01
Profit factor
-5.5%
vs Buy&Hold
Best by timeframe

The winner on each chart

Daily
Williams %R
-5.5% · Sharpe 0.52
Weekly
EMA 20/50 Cross
-5.5% · Sharpe 0.43
Full results

Every indicator, ranked

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

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1Williams %R Daily6.6%0.52-52.3%71.3%307-5.5%
2Stochastic Daily6.2%0.5-54.2%72.8%232-5.9%
3WaveTrend (8/6/4) Daily6.9%0.5-49.4%74.6%177-5.2%
4SMA 50/200 Cross Daily6.6%0.47-47.6%48.6%35-5.5%
5Holy Grail Confluence Daily5.0%0.44-48.7%83.1%59-7.1%
6EMA 20/50 Cross Weekly6.6%0.43-46.2%63.2%19-5.5%
7EMA 50/200 Cross Daily5.8%0.42-49.8%48.6%37-6.3%
8RSI Mean-Reversion Daily4.0%0.42-33.5%81.0%58-8.1%
9Donchian Breakout Daily4.5%0.4-42.6%43.7%174-7.6%
10CCI Weekly4.2%0.4-33.6%88.0%50-7.9%
11Money Flow Index Daily4.7%0.39-43.4%77.8%45-7.4%
12Bollinger Mean-Reversion Daily3.7%0.37-44.6%73.9%176-8.4%
13EMA 20/50 CrossDaily4.6%0.36-57.3%44.3%115-7.6%
14CCI Daily4.3%0.36-46.6%69.8%215-7.8%

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

What this means

For Public Service Enterprise Group (PEG), Williams %R 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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