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
AMRC
NYSE · Ameresco Inc
6 Jun 202515.51
23.11
49.00%
Buy
0.49
-
-
AMRN
NASDAQ · Amarin Corporation PLC
23 May 202511.11
13.94
25.47%
Buy
0.02
-
-
AMSF
NASDAQ · AMERISAFE Inc
19 Jun 202631.32
33.90
8.24%
Buy
0.17
-
-
AMST
NASDAQ · Amesite Operating Co
12 Jun 20261.26
1.08
-14.29%
Buy
0.28
-
-
AMWL
NYSE · American Well Corp
8 May 20267.97
13.23
66.00%
Buy
1.34
-
-
ANF
NYSE · Abercrombie & Fitch Company
6 Jun 202582.99
95.24
14.76%
Buy
0.22
-
-
ANGI
NASDAQ · ANGI Homeservices Inc
3 Jul 20266.06
6.12
0.99%
Buy
0.09
-
-
ANIK
NASDAQ · Anika Therapeutics Inc
24 Oct 202510.01
15.25
52.35%
Buy
0.89
-
-
ANNX
NASDAQ · Annexon Inc
12 Sep 20252.42
5.80
139.67%
Buy
0.33
-
-
ANTX
NASDAQ · AN2 Therapeutics Inc
6 Mar 20262.85
4.68
64.21%
Buy
0.07
-
-
AOS
NYSE · Smith AO Corporation
10 Jul 202660.44
58.85
-2.63%
Buy
0.00
-
-
AOUT
NASDAQ · American Outdoor Brands Inc
26 Dec 20258.28
13.89
67.75%
Buy
0.41
-
-
APOG
NASDAQ · Apogee Enterprises Inc
5 Jun 202637.01
41.03
10.86%
Buy
0.04
-
-
APPF
NASDAQ · Appfolio Inc
15 May 2026151.70
179.73
18.48%
Buy
0.02
-
-
APPN
NASDAQ · Appian Corp
5 Jun 202624.73
26.11
5.58%
Buy
0.08
-
-
APTV
NYSE · Aptiv PLC
6 Jun 202566.64
57.47
-13.76%
Buy
0.17
-
-
APXT
NASDAQ · Apex Treasury Corporation
19 Jun 202610.06
10.08
0.20%
Buy
1.16
-
-
APYX
NASDAQ · Apyx Medical Inc
13 Jun 20251.75
4.28
144.57%
Buy
0.86
-
-
ARCO
NYSE · Arcos Dorados Holdings Inc
31 Oct 20257.05
8.23
16.77%
Buy
0.33
-
-
ARDT
NYSE · Ardent Health Partners, Inc.
27 Feb 20269.39
10.15
8.09%
Buy
0.14
-
-
ARDX
NASDAQ · Ardelyx Inc
18 Jul 20254.41
5.20
17.91%
Buy
0.03
-
-
ARES
NYSE · Ares Management LP
22 May 2026122.41
125.68
2.67%
Buy
0.24
-
-
ARHS
NASDAQ · Arhaus Inc
26 Jun 20268.41
7.69
-8.56%
Buy
0.42
-
-
ARKR
NASDAQ · Ark Restaurants Corp
2 Jan 20266.61
5.85
-11.50%
Buy
0.11
-
-
ARL
NYSE · American Realty Investors Inc
30 May 202514.27
15.88
11.28%
Buy
0.29
-
-
ARQ
NASDAQ · Arq Inc
22 May 20262.46
2.06
-16.26%
Buy
0.01
-
-
ARTV
NASDAQ · Artiva Biotherapeutics, Inc. Common Stock
29 Aug 20253.15
9.76
209.84%
Buy
1.17
-
-
ASAN
NYSE · Asana Inc
29 May 20267.70
7.69
-0.13%
Buy
0.48
-
-
ASC
NYSE · Ardmore Shpng
22 Aug 202510.96
15.40
40.49%
Buy
1.96
-
-
ASH
NYSE · Ashland Global Holdings Inc
4 Jul 202552.18
68.64
31.54%
Buy
0.63
-
-
Ledger
Transaction History
Date
Action
Ticker
Price
Reason
Return
Qualifiers
19 Sep 2025
Entry
MOLN
NASDAQ · Molecular Partners AG ADR
3.77
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.95
19 Sep 2025
Exit
MPAA
NASDAQ · Motorcar Parts of America Inc
16.56
Reversal Risk Warning
184.54%
Entry 5 Jul 2024
5.82
19 Sep 2025
Entry
MTVA
NASDAQ · MetaVia Inc.
11.44
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.13
19 Sep 2025
Entry
NBTX
NASDAQ · Nanobiotix
11.57
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.59
19 Sep 2025
Exit
NNE
NASDAQ · Nano Nuclear Energy Inc. Common Stock
46.31
Reversal Risk Warning
48.48%
Entry 6 Jun 2025
31.19
19 Sep 2025
Entry
NTLA
NASDAQ · Intellia Therapeutics Inc
15.59
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.18
19 Sep 2025
Entry
NTZ
NYSE · Natuzzi SpA
3.52
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.30
19 Sep 2025
Exit
PGY
NASDAQ · Pagaya Technologies Ltd.
42.30
Reversal Risk Warning
157.30%
Entry 30 May 2025
16.44
19 Sep 2025
Exit
PIPR
NYSE · Piper Sandler Companies
89.45
Reversal Risk Warning
115.74%
Entry 15 Dec 2023
41.46
19 Sep 2025
Entry
PL
NYSE · Planet Labs PBC
11.11
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.13
19 Sep 2025
Exit
PSIX
NASDAQ · Power Solutions International, Inc. Common Stock
109.98
Reversal Risk Warning
353.71%
Entry 18 Oct 2024
24.24
19 Sep 2025
Exit
QUBT
NASDAQ · Quantum Computing Inc
23.27
Reversal Risk Warning
281.48%
Entry 22 Nov 2024
6.10
19 Sep 2025
Entry
RCEL
NASDAQ · Avita Medical Ltd
5.47
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.09
19 Sep 2025
Entry
REKR
NASDAQ · Rekor Systems Inc
1.79
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.10
19 Sep 2025
Entry
RGR
NYSE · Sturm Ruger & Company Inc
39.49
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.51
19 Sep 2025
Exit
RMTI
NASDAQ · Rockwell Medical Inc
13.30
20% entry drawdown
-22.22%
Entry 29 Aug 2025
17.10
19 Sep 2025
Exit
ROAD
NASDAQ · Construction Partners Inc
133.67
Reversal Risk Warning
204.63%
Entry 22 Dec 2023
43.88
19 Sep 2025
Exit
SHFS
NASDAQ · SHF Holdings Inc
3.23
20% entry drawdown
-28.22%
Entry 5 Sep 2025
4.50
19 Sep 2025
Entry
SID
NYSE · Companhia Siderurgica Nacional ADR
1.50
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.24
19 Sep 2025
Entry
SND
NASDAQ · Smart Sand Inc
2.06
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.54
19 Sep 2025
Exit
SOFI
NASDAQ · SoFi Technologies Inc.
29.51
Reversal Risk Warning
189.88%
Entry 18 Oct 2024
10.18
19 Sep 2025
Entry
SPRU
NYSE · Spruce Power Holding Corp
1.76
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.07
19 Sep 2025
Exit
STNE
NASDAQ · StoneCo Ltd
16.07
Reversal Risk Warning
98.36%
Entry 14 Feb 2025
8.10
19 Sep 2025
Entry
STRR
NASDAQ · Star Equity Holdings Inc
11.47
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.58
19 Sep 2025
Entry
STTK
NASDAQ · Shattuck Labs Inc
2.28
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.56
19 Sep 2025
Entry
STX
NASDAQ · Seagate Technology PLC
219.59
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.65
19 Sep 2025
Entry
TCMD
NASDAQ · Tactile Systems Technology Inc
14.06
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 1.08
19 Sep 2025
Exit
TCOM
NASDAQ · Trip.com Group Ltd ADR
78.52
Reversal Risk Warning
98.42%
Entry 4 Aug 2023
39.57
19 Sep 2025
Exit
TECX
NASDAQ · Tectonic Therapeutic, Inc.
14.98
20% entry drawdown
-24.38%
Entry 20 Jun 2025
19.81
19 Sep 2025
Exit
TIL
NASDAQ · Instil Bio Inc.
19.93
20% entry drawdown
-26.05%
Entry 30 May 2025
26.95