Volume indicator
Negative Volume Index: what it's actually best at
Smart-money proxy — long while NVI is above its 255-EMA.
12
assets where it was the #1 edge
0.35
average Sharpe across all tests
Volume
indicator family
Best fits
Assets where Negative Volume Index won
Soybean Oil (ZL) +3.7%7-10Y Treasuries (IEF) +-0.6%S&P 500 Index (SPX) +-6.0%Accenture (ACN) +0.1%Advanced Micro Devices (AMD) +4.0%Amphenol (APH) +-2.4%Berkshire Hathaway (BRK-B) +-0.2%Comfort Systems USA (FIX) +-2.6%Eaton Corporation (ETN) +-1.0%EchoStar (SATS) +3.3%Idexx Laboratories (IDXX) +-2.5%Interactive Brokers (IBKR) +-0.6%
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