Trend indicator
Aroon: what it's actually best at
Long while Aroon-Up is above Aroon-Down (25) — a fresh-highs trend gauge.
10
assets where it was the #1 edge
0.33
average Sharpe across all tests
Trend
indicator family
Best fits
Assets where Aroon won
Arthur J. Gallagher & Co. (AJG) +-4.1%Brown & Brown (BRO) +-1.7%CVS Health (CVS) +-0.4%Cadence Design Systems (CDNS) +-0.1%Ford Motor Company (F) +2.9%Huntington Bancshares (HBAN) +0.1%NetApp (NTAP) +4.4%Nordson Corporation (NDSN) +-1.9%Trimble Inc. (TRMB) +3.3%W. R. Berkley Corporation (WRB) +-0.0%
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