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The best indicator for Simon Property Group (SPG)

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

Trend · Daily

SMA 50/200 Cross

On the daily chart, this is the strongest risk-adjusted edge we found for Simon Property Group (SPG) over ~32.4 years — trailing buy-and-hold by 1.6% CAGR.

11.5%
CAGR
0.63
Sharpe
-53.4%
Max DD
52.6%
Win rate
7.85
Profit factor
-1.6%
vs Buy&Hold
Best by timeframe

The winner on each chart

Daily
SMA 50/200 Cross
-1.6% · Sharpe 0.63
Weekly
EMA 20/50 Cross
-3.4% · Sharpe 0.57
Full results

Every indicator, ranked

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

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1SMA 50/200 Cross Daily11.5%0.63-53.4%52.6%19-1.6%
2EMA 50/200 Cross Daily10.2%0.59-63.5%42.1%19-2.8%
3EMA 20/50 Cross Weekly9.6%0.57-58.6%53.3%15-3.4%
4Donchian Breakout Weekly8.1%0.56-33.9%73.9%23-4.9%
5MACD Weekly7.9%0.49-60.5%43.3%67-5.1%
6RSI Trend (>50) Weekly7.3%0.47-57.1%46.7%90-5.7%
7Rate of Change Weekly7.1%0.46-46.9%51.0%102-5.9%
8Donchian Midline Weekly7.0%0.45-46.5%42.4%92-5.9%
9CCI Daily7.2%0.43-57.7%78.1%151-5.8%
10EMA 20/50 Cross Daily6.1%0.4-69.7%40.0%75-6.9%
11EMA-10 Trend Weekly5.1%0.36-71.2%51.9%160-7.8%
12Bollinger Mean-ReversionDaily4.4%0.31-65.6%71.1%128-8.6%
13MACD Daily4.3%0.3-74.2%41.3%315-8.8%
14Money Flow Index Daily4.0%0.28-74.8%76.0%25-9.0%

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

What this means

For Simon Property Group (SPG), SMA 50/200 Cross 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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