Universe
Active US equities only. ETFs, crypto, commodities, index benchmark records, and listings outside the US market are excluded from this index.
Signal Validation
Market Dynamics Performance Index
A concept-validation index for US equities, testing whether first Market Dynamics Buy signals identify productive weekly setups. Entries and exits are research pointers for a shortlist, not a follow-along strategy.
Index Value
479.75
Total Return
379.75%
CAGR
56.00%
Annualized from first index week
Edge vs Market
+34.22%/yr
Beats SPY on CAGR
Risk Adjusted
Sharpe 2.65
Sortino 5.16
Current Holdings
1081
Transactions
10781
Avg 3057.2/yr ·
254.8/mo ·
58.8/wk
Exit Mix
4850
Stop 41.5% ·
Warning 58.0%
· Other 0.5%
Method
How The Index Works
The index is a weekly, equal-weighted signal-validation model for US equities. It starts at 100.00 on the first transaction week after 1 Jan 2023 and is rebuilt from stored weekly closes, Market Dynamics buy signals, and Smart Money warning data to test the Market Dynamics concept over time.
Entry Rule
A stock enters at that week’s stored weekly close on the first Market Dynamics Buy signal while the stock is not already held. New entries are blocked if that same week has a Reversal Risk or Reversal Danger Warning.
Exit Rule
A position exits at the weekly close on the first Reversal Risk Warning. It also exits if the weekly close falls 20% or more below the original entry close.
Return Math
Each active holding contributes equally. The weekly index return is the average weekly close-to-close return of all positions active during that week, then compounded into the index value.
Assumptions
- This index is designed to validate the Market Dynamics signal concept, not to serve as a mechanical follow-along strategy.
- Only the first actionable Market Dynamics Buy signal opens a position while the stock is flat.
- Weekly entries and exits may help identify stocks for a research shortlist, but they are not portfolio instructions.
- New positions are not opened on weeks with Reversal Risk or Reversal Danger Warnings.
- Reversal Danger blocks new entries, but the Market Dynamics index exits only on Reversal Risk or the 20% entry drawdown rule.
- Positions are closed at the last valid close if a 5x or larger weekly close scale break indicates a price-data unit change.
- Transaction prices are the stored weekly closes for the entry or exit week, except price scale-break exits, which use the last valid close.
- Returns are shown before transaction costs, bid-ask spreads, slippage, taxes, and other implementation frictions.
Weekly Index
Cumulative Value
Latest Week
Positions In And Out
New Positions In
Entries at weekly close
ADBE
NASDAQ · Adobe Systems Incorporated
237.25
MD 0.17 · Market Dynamics Buy Signal
BL
NASDAQ · Blackline Inc
30.29
MD 0.18 · Market Dynamics Buy Signal
BLKB
NASDAQ · Blackbaud Inc
32.40
MD 0.13 · Market Dynamics Buy Signal
CDNL
NASDAQ · Cardinal Infrastructure Group Inc. Class A Common Stock
71.23
MD 1.59 · Market Dynamics Buy Signal
CURV
NYSE · Torrid Holdings Inc
2.33
MD 0.16 · Market Dynamics Buy Signal
DFIN
NYSE · Donnelley Financial Solutions Inc
49.95
MD 0.06 · Market Dynamics Buy Signal
EXPO
NASDAQ · Exponent Inc
62.88
MD 0.09 · Market Dynamics Buy Signal
FIS
NYSE · Fidelity National Information Services Inc
41.91
MD 0.19 · Market Dynamics Buy Signal
HCKT
NASDAQ · The Hackett Group Inc
10.34
MD 0.19 · Market Dynamics Buy Signal
ICFI
NASDAQ · ICF International Inc
78.86
MD 0.80 · Market Dynamics Buy Signal
LAW
NYSE · CS Disco LLC
4.05
MD 0.26 · Market Dynamics Buy Signal
NRDS
NASDAQ · Nerdwallet Inc
9.26
MD 0.13 · Market Dynamics Buy Signal
ONT
NYSE · Onterris
20.93
MD 0.36 · Market Dynamics Buy Signal
OPRX
NASDAQ · OPTIMIZERx Corp
6.69
MD 0.86 · Market Dynamics Buy Signal
PODD
NASDAQ · Insulet Corporation
164.06
MD 0.42 · Market Dynamics Buy Signal
RCEL
NASDAQ · Avita Medical Ltd
5.10
MD 0.39 · Market Dynamics Buy Signal
UPWK
NASDAQ · Upwork Inc
9.06
MD 0.10 · Market Dynamics Buy Signal
XRAY
NASDAQ · Dentsply Sirona Inc
14.05
MD 0.72 · Market Dynamics Buy Signal
Positions Out
Closed at weekly close
ACB
NASDAQ · Aurora Cannabis Inc
2.63
20% entry drawdown · -20.78%
AIFU
NASDAQ · Fanhua Inc.
34.52
20% entry drawdown · -25.28%
AKTX
NASDAQ · Akari Therapeutics PLC
11.01
20% entry drawdown · -20.68%
ALDX
NASDAQ · Aldeyra The
1.69
20% entry drawdown · -25.55%
ARCT
NASDAQ · Arcturus Therapeutics Holdings Inc
6.05
20% entry drawdown · -26.49%
AWRE
NASDAQ · Aware Inc
1.11
20% entry drawdown · -26.97%
BEEM
NASDAQ · Beam Global
1.03
20% entry drawdown · -24.82%
BNAI
NASDAQ · Brand Engagement Network Inc
11.62
20% entry drawdown · -29.49%
BTBT
NASDAQ · Bit Digital Inc
1.40
20% entry drawdown · -29.65%
EIX
NYSE · Edison International
77.63
Reversal Risk Warning · 49.97%
EVGO
NASDAQ · Evgo Inc
1.68
20% entry drawdown · -20.94%
EVO
NASDAQ · Evotec SE ADR
1.96
20% entry drawdown · -27.94%
GENK
NASDAQ · GEN Restaurant Group, Inc. Class A Common Stock
1.77
20% entry drawdown · -24.36%
GLXG
NASDAQ · Galaxy Payroll Group Limited Ordinary Shares
1.05
20% entry drawdown · -28.08%
HUBG
NASDAQ · Hub Group Inc
51.22
Reversal Risk Warning · 45.11%
INV
NASDAQ · Innventure, Inc.
3.37
20% entry drawdown · -27.37%
JLHL
NASDAQ · Julong Holding Limited Class A Ordinary Shares
9.35
20% entry drawdown · -20.29%
LEDS
NASDAQ · SemiLEDS Corporation
3.01
Reversal Risk Warning · 67.22%
LONA
NASDAQ · LeonaBio, Inc.
7.22
20% entry drawdown · -27.22%
MTEX
NASDAQ · Mannatech Incorporated
4.25
20% entry drawdown · -21.59%
OABI
NASDAQ · OmniAb Inc.
2.12
20% entry drawdown · -20.00%
OCCI
NASDAQ · OFS Credit Company Inc
2.27
20% entry drawdown · -23.83%
PBF
NYSE · PBF Energy Inc
62.75
Reversal Risk Warning · 219.84%
PLUG
NASDAQ · Plug Power Inc
2.17
20% entry drawdown · -20.80%
PMCB
NASDAQ · PharmaCyte Biotech Inc
0.63
20% entry drawdown · -21.31%
PMEC
NASDAQ · Primech Holdings Ltd. Ordinary Shares
0.52
20% entry drawdown · -28.59%
QFIN
NASDAQ · 360 Finance Inc
12.73
20% entry drawdown · -20.83%
RPT
NYSE · Rithm Property Trust Inc.
10.89
20% entry drawdown · -27.03%
RXRX
NASDAQ · Recursion Pharmaceuticals Inc
2.95
20% entry drawdown · -22.50%
SNPS
NASDAQ · Synopsys Inc
384.28
20% entry drawdown · -25.60%
SORA
NASDAQ · Top Win International Limited
1.73
20% entry drawdown · -23.18%
VERU
NASDAQ · Veru Inc
2.38
20% entry drawdown · -30.00%
WING
NASDAQ · Wingstop Inc
142.33
20% entry drawdown · -20.03%
WW
NASDAQ · WW International, Inc. Common Stock
14.57
20% entry drawdown · -21.46%
ZSQR
NASDAQ · Z Squared Inc.
5.06
20% entry drawdown · -45.47%
Live Book
Current Holdings
Ticker
Entry
Last Close
Return
Signal
MD
ROC
RS
EDU
NYSE · New Oriental Education & Technology
16 May 202547.52
49.15
3.43%
Buy
0.21
-
-
EEFT
NASDAQ · Euronet Worldwide Inc
20 Feb 202672.50
81.34
12.19%
Buy
0.39
-
-
EEX
NYSE · Emerald Expositions Events Inc
9 Jan 20264.73
5.04
6.54%
Buy
0.17
-
-
EGHT
NASDAQ · 8x8 Inc Common Stock
27 Jun 20251.86
1.88
1.08%
Buy
0.09
-
-
EIC
NYSE · Eagle Point Income Company Inc
1 May 20269.80
9.89
0.92%
Buy
0.09
-
-
EL
NYSE · Estee Lauder Companies Inc
30 May 202565.96
82.13
24.51%
Buy
0.12
-
-
ELDN
NASDAQ · Eledon Pharmaceuticals Inc
20 Feb 20262.19
4.07
85.84%
Buy
0.16
-
-
ELF
NYSE · ELF Beauty Inc
26 Jun 202667.43
73.69
9.28%
Buy
0.13
-
-
ELS
NYSE · Equity Lifestyle Properties Inc
19 Sep 202559.02
65.75
11.40%
Buy
0.25
-
-
ELUT
NASDAQ · Elutia Inc.
9 Jan 20260.72
0.95
31.40%
Buy
0.29
-
-
ELV
NYSE · Elevance Health Inc
3 Oct 2025345.12
373.11
8.11%
Buy
0.10
-
-
EMIS
NASDAQ · Emisphere Technologies Inc
29 May 202610.13
10.18
0.49%
Buy
0.80
-
-
EMN
NYSE · Eastman Chemical Company
14 Nov 202558.11
68.60
18.06%
Buy
0.09
-
-
ENGS
NASDAQ · Energys Group Limited Ordinary Shares
26 Jun 20262.55
2.57
0.78%
Buy
2.08
-
-
ENOV
NYSE · Enovis Corp
24 Apr 202624.10
27.07
12.32%
Buy
0.36
-
-
ENR
NYSE · Energizer Holdings Inc
12 Jun 202620.25
20.23
-0.10%
Buy
0.26
-
-
ENTA
NASDAQ · Enanta Pharmaceuticals Inc
6 Jun 20257.47
13.74
83.94%
Buy
0.43
-
-
EOLS
NASDAQ · Evolus Inc
24 Apr 20265.30
5.73
8.11%
Buy
0.10
-
-
EPC
NYSE · Edgewell Personal Care Co
16 Jan 202618.41
29.66
61.10%
Buy
0.23
-
-
EPSN
NASDAQ · Epsilon Energy Ltd
30 Jan 20264.88
5.52
13.18%
Buy
0.48
-
-
ERIE
NASDAQ · Erie Indemnity Company
3 Jul 2026257.78
227.31
-11.82%
Buy
0.77
-
-
ESBA
NYSE · Empire State Realty OP LP ES
3 Jul 20265.64
5.45
-3.37%
Buy
0.68
-
-
ESRT
NYSE · Empire State Realty Trust Inc
22 May 20265.54
5.77
4.09%
Buy
0.26
-
-
ESTC
NYSE · Elastic NV
22 May 202654.81
61.59
12.37%
Buy
0.08
-
-
ETD
NYSE · Ethan Allen Interiors Inc
19 Jun 202621.17
22.78
7.61%
Buy
0.25
-
-
ETSY
NYSE · Etsy, Inc.
30 May 202555.35
84.10
51.94%
Buy
0.17
-
-
EVH
NYSE · Evolent Health Inc
12 Jun 20264.80
5.81
21.04%
Buy
1.29
-
-
EVTC
NYSE · Evertec Inc
3 Jul 202629.63
30.27
2.16%
Buy
0.27
-
-
EXFY
NASDAQ · Expensify Inc
19 Jun 20261.56
1.83
17.31%
Buy
1.20
-
-
EXLS
NASDAQ · ExlService Holdings Inc
22 May 202629.51
28.16
-4.57%
Buy
0.35
-
-
Ledger
Transaction History
Date
Action
Ticker
Price
Reason
Return
Qualifiers
17 Oct 2025
Exit
IREN
NASDAQ · IREN Ltd
60.72
Reversal Risk Warning
333.71%
Entry 27 Jun 2025
14.00
17 Oct 2025
Exit
IRON
NASDAQ · Disc Medicine Inc.
89.94
Reversal Risk Warning
92.92%
Entry 5 Jul 2024
46.62
17 Oct 2025
Exit
IZEA
NASDAQ · IZEA Inc
5.60
Reversal Risk Warning
97.18%
Entry 23 May 2025
2.84
17 Oct 2025
Entry
LBRT
NYSE · Liberty Energy Inc.
15.16
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.54
17 Oct 2025
Exit
LCUT
NASDAQ · Lifetime Brands Inc
3.32
20% entry drawdown
-20.05%
Entry 5 Sep 2025
4.15
17 Oct 2025
Entry
MLAB
NASDAQ · Mesa Laboratories Inc
72.69
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.12
17 Oct 2025
Exit
MVST
NASDAQ · Microvast Holdings Inc
5.83
Reversal Risk Warning
711.53%
Entry 15 Nov 2024
0.72
17 Oct 2025
Exit
NBP
NASDAQ · NovaBridge Biosciences
5.77
Reversal Risk Warning
135.51%
Entry 6 Jun 2025
2.45
17 Oct 2025
Exit
NRDY
NYSE · Nerdy Inc
1.11
20% entry drawdown
-20.71%
Entry 22 Nov 2024
1.40
17 Oct 2025
Entry
NTZ
NYSE · Natuzzi SpA
3.16
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.37
17 Oct 2025
Entry
OBIO
NASDAQ · Orchestra BioMed Holdings Inc.
3.32
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.99
17 Oct 2025
Exit
OKLO
NYSE · Oklo Inc.
163.39
Reversal Risk Warning
209.92%
Entry 30 May 2025
52.72
17 Oct 2025
Exit
ONMD
NASDAQ · OneMedNet Corp.
2.28
20% entry drawdown
-27.39%
Entry 10 Oct 2025
3.14
17 Oct 2025
Exit
OTEX
NASDAQ · Open Text Corp
37.85
Reversal Risk Warning
46.36%
Entry 9 May 2025
25.86
17 Oct 2025
Exit
PTLE
NASDAQ · PTL LTD Ordinary Shares
12.70
20% entry drawdown
-21.20%
Entry 12 Sep 2025
16.11
17 Oct 2025
Exit
QBTS
NYSE · D-Wave Quantum Inc.
38.33
Reversal Risk Warning
212.90%
Entry 16 May 2025
12.25
17 Oct 2025
Exit
QETA
NASDAQ · Quetta Acquisition Corporation Common Stock
11.39
Reversal Risk Warning
8.68%
Entry 1 Nov 2024
10.48
17 Oct 2025
Exit
RCEL
NASDAQ · Avita Medical Ltd
3.99
20% entry drawdown
-27.06%
Entry 19 Sep 2025
5.47
17 Oct 2025
Entry
RDZN
NASDAQ · Roadzen Inc.
1.32
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.39
17 Oct 2025
Entry
RMTI
NASDAQ · Rockwell Medical Inc
11.70
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.57
17 Oct 2025
Exit
RYTM
NASDAQ · Rhythm Pharmaceuticals Inc
110.28
Reversal Risk Warning
351.23%
Entry 4 Aug 2023
24.44
17 Oct 2025
Entry
SEM
NYSE · Select Medical Holdings
13.22
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.15
17 Oct 2025
Exit
SIG
NYSE · Signet Jewelers Ltd
102.15
Reversal Risk Warning
75.49%
Entry 25 Apr 2025
58.21
17 Oct 2025
Entry
SLN
NASDAQ · Silence Therapeutics PLC
6.50
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.10
17 Oct 2025
Entry
SLNG
NASDAQ · Stabilis Solutions Inc
4.82
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.29
17 Oct 2025
Exit
SPAI
NASDAQ · Safe Pro Group Inc.
8.95
Reversal Risk Warning
235.21%
Entry 27 Jun 2025
2.67
17 Oct 2025
Entry
STI
NASDAQ · Solidion Technology Inc.
21.17
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 2.17
17 Oct 2025
Exit
STTK
NASDAQ · Shattuck Labs Inc
1.81
20% entry drawdown
-20.61%
Entry 19 Sep 2025
2.28
17 Oct 2025
Entry
SYRE
NASDAQ · Spyre Therapeutics Inc.
22.47
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.18
17 Oct 2025
Exit
TVRD
NASDAQ · Tvardi Therapeutics, Inc.
41.60
Price scale break
55.63%
Entry 2 May 2025
26.73