It is naturally important to examine carefully how market indicators function in a variety of market conditions. The effectiveness metric over complete market cycles is the pattern to which a consistent and recurring characteristic is likely to be repeated. Many compare their annual performance to the S&P 500® composite index, and the Z-alpha Trading System does likewise under the Z-alpha Signal purposely detailed usage. Provided results are calculated using the value of the S&P 500® cash index when the Z-alpha Signal changed status in real-time and merely represent the exact annual mathematical realization of this process. Further, results can represent scaling in/out sequences, hedged equity subroutines, and do not represent proceeds from dividend reinvestment or the use of margin to create leverage.
Reported Date: November 18, 2021 | Z-alpha Signal YTD: 18.72% | Z-alpha Signal 31-Year Average Annual Return: 24.06%
Previously generated (Z-alpha Signals 1990–2020) are archived for review upon request.
| 2020 | 2019 | 2018 | 2017 | 2016 | ||||||
| Z-alpha™ | 18.45% | 23.29% | 47.68% | 18.13% | 23.78% | |||||
| S&P 500® | 16.25% | 28.88% | -6.25% | 19.43% | 9.54% | |||||
| 2015 | 2014 | 2013 | 2012 | 2011 | ||||||
| Z-alpha™ | 14.72% | 25.54% | 31.28% | 15.18% | 23.69% | |||||
| S&P 500® | -0.73% | 11.42% | 29.59% | 13.35% | 0% | |||||
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||
| Z-alpha™ | 35.61% | 45.07% | 12.87% | 9.80% | 10.18% | |||||
| S&P 500® | 12.83% | 23.48% | -38.49% | 3.53% | 13.62% | |||||
| 2005 | 2004 | 2003 | 2002 | 2001 | ||||||
| Z-alpha™ | 45.07% | 22.84% | 27.84% | 37.72% | 30.76% | |||||
| S&P 500® | 23.48% | 8.99% | 26.36% | -23.34% | -13.03% | |||||
| 2000 | 1999 | 1998 | 1997 | 1996 | ||||||
| Z-alpha™ | 24.44% | 20.59% | 49.28% | 32.52% | 24.03% | |||||
| S&P 500® | -10.14% | 19.53% | 26.70% | 30.90% | 20.29% | |||||
| 1995 | 1994 | 1993 | 1992 | 1991 | ||||||
| Z-alpha™ | 19.17% | 10.30% | 9.17% | 11.27% | 34.55% | |||||
| S&P 500® | 34.20% | -1.50% | 6.88% | 4.56% | 26.36% | |||||
| 1990 | ||||||||||
| Z-alpha™ | 20.68% | |||||||||
| S&P 500® | -6.52% |
There is no guarantee that past performance will be indicative of future results.