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
XIFR
NYSE · XPLR Infrastructure LP Unit
8 May 202611.73
12.02
2.47%
Buy
0.41
-
-
XNCR
NASDAQ · Xencor Inc
19 Sep 202510.29
17.47
69.78%
Buy
1.16
-
-
XOS
NASDAQ · Xos Inc
29 May 20262.28
2.16
-5.26%
Buy
0.38
-
-
XP
NASDAQ · Xp Inc
14 Feb 202514.40
16.67
15.76%
Buy
0.18
-
-
XPEL
NASDAQ · Xpel Inc
23 May 202534.49
43.25
25.40%
Buy
0.10
-
-
XPER
NYSE · Xperi Corp
28 Nov 20255.79
7.30
26.08%
Buy
0.33
-
-
XPOF
NYSE · Xponential Fitness Inc
6 Mar 20265.83
6.66
14.24%
Buy
0.20
-
-
XPRO
NYSE · Expro Group Holdings NV
20 Jun 20259.17
16.48
79.72%
Buy
0.09
-
-
XRAY
NASDAQ · Dentsply Sirona Inc
17 Jul 202614.05
14.05
New
Entry week
Buy
0.72
-
-
XRN
NYSE · Chiron Real Estate Inc.
18 Jul 202533.47
37.90
13.25%
Buy
0.29
-
-
XRX
NASDAQ · Xerox Corp
1 May 20262.68
2.77
3.41%
Buy
0.30
-
-
XTLB
NASDAQ · XTL Biopharmaceuticals Ltd ADR
10 Jul 20262.91
2.84
-2.41%
Buy
0.77
-
-
YDKG
NASDAQ · Yueda Digital Holding
29 May 20260.83
0.93
11.88%
Buy
1.46
-
-
YELP
NYSE · Yelp Inc
22 May 202622.39
26.22
17.11%
Buy
0.55
-
-
YEXT
NYSE · Yext Inc
12 Jun 20264.06
5.34
31.53%
Buy
0.01
-
-
YIBO
NASDAQ · Planet Image International Limited Class A Ordinary Shares
22 May 20260.97
0.99
2.06%
Buy
0.65
-
-
YJ
NASDAQ · Yunji Inc
20 Feb 20261.46
1.50
2.74%
Buy
0.14
-
-
YORW
NASDAQ · The York Water Company
14 Mar 202533.70
31.45
-6.67%
Buy
0.51
-
-
YSG
NYSE · Yatsen Holding
3 Jul 20263.47
3.57
2.88%
Buy
1.36
-
-
ZBH
NYSE · Zimmer Biomet Holdings Inc
3 Jul 202687.47
91.12
4.17%
Buy
0.13
-
-
ZBIO
NASDAQ · Zenas BioPharma, Inc. Common Stock
16 Jan 202620.16
29.53
46.48%
Buy
0.19
-
-
ZBRA
NASDAQ · Zebra Technologies Corporation
1 May 2026227.08
267.40
17.76%
Buy
0.09
-
-
ZD
NASDAQ · Ziff Davis Inc
13 Mar 202639.46
53.98
36.80%
Buy
0.27
-
-
ZETA
NYSE · Zeta Global Holdings Corp
20 Jun 202514.18
21.68
52.89%
Buy
0.11
-
-
ZGN
NYSE · Ermenegildo Zegna NV
16 May 20258.52
13.90
63.21%
Buy
0.27
-
-
ZH
NYSE · Zhihu Inc ADR
16 Aug 20243.08
3.17
2.92%
Buy
0.02
-
-
ZIP
NYSE · Ziprecruiter Inc
1 May 20263.09
3.96
28.16%
Buy
0.31
-
-
ZLAB
NASDAQ · Zai Lab Ltd
20 Feb 202620.04
20.20
0.80%
Buy
0.10
-
-
ZS
NASDAQ · Zscaler Inc
3 Jul 2026147.33
149.94
1.77%
Buy
0.40
-
-
ZTEK
NASDAQ · ZEN Graphene Solutions Ltd
26 Jun 20260.49
0.47
-4.00%
Buy
0.04
-
-
Ledger
Transaction History
Date
Action
Ticker
Price
Reason
Return
Qualifiers
13 Feb 2026
Exit
NGVT
NYSE · Ingevity Corp
76.57
Reversal Risk Warning
85.35%
Entry 20 Jun 2025
41.31
13 Feb 2026
Exit
NHI
NYSE · National Health Investors Inc
88.31
Reversal Risk Warning
79.57%
Entry 1 Dec 2023
49.17
13 Feb 2026
Exit
NIC
NYSE · Nicolet Bankshares Inc.
154.47
Reversal Risk Warning
104.13%
Entry 21 Jul 2023
75.67
13 Feb 2026
Exit
NVS
NYSE · Novartis AG ADR
158.25
Reversal Risk Warning
65.01%
Entry 5 Jan 2024
95.90
13 Feb 2026
Exit
O
NYSE · Realty Income Corporation
64.55
Reversal Risk Warning
35.74%
Entry 1 Dec 2023
47.56
13 Feb 2026
Exit
OGS
NYSE · One Gas Inc
84.67
Reversal Risk Warning
52.50%
Entry 12 Jan 2024
55.52
13 Feb 2026
Exit
OHI
NYSE · Omega Healthcare Investors Inc
46.72
Reversal Risk Warning
65.02%
Entry 31 May 2024
28.31
13 Feb 2026
Exit
OMAB
NASDAQ · Grupo Aeroportuario del Centro Norte SAB de CV
124.59
Reversal Risk Warning
102.88%
Entry 27 Sep 2024
61.41
13 Feb 2026
Exit
PINE
NYSE · Alpine Income Property Trust, Inc.
19.90
Reversal Risk Warning
36.20%
Entry 15 Dec 2023
14.61
13 Feb 2026
Exit
PNBK
NASDAQ · Patriot National Bancorp Inc
1.37
20% entry drawdown
-21.26%
Entry 12 Dec 2025
1.74
13 Feb 2026
Exit
POR
NYSE · Portland General Electric Co
53.45
Reversal Risk Warning
39.30%
Entry 15 Dec 2023
38.37
13 Feb 2026
Exit
PPL
NYSE · PPL Corporation
37.24
Reversal Risk Warning
56.29%
Entry 17 Nov 2023
23.83
13 Feb 2026
Exit
PRE
NASDAQ · Prenetics Global Ltd
21.97
Reversal Risk Warning
248.73%
Entry 16 May 2025
6.30
13 Feb 2026
Exit
QTEX
NASDAQ · QTREX Quantum Ltd.
0.59
20% entry drawdown
-30.72%
Entry 27 Jun 2025
0.85
13 Feb 2026
Entry
RGR
NYSE · Sturm Ruger & Company Inc
37.30
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.04
13 Feb 2026
Exit
RHI
NYSE · Robert Half International Inc
23.65
20% entry drawdown
-28.43%
Entry 30 Jan 2026
33.05
13 Feb 2026
Exit
RILY
NASDAQ · BRC Group Holdings, Inc.
6.82
20% entry drawdown
-30.19%
Entry 23 Jan 2026
9.77
13 Feb 2026
Exit
RRX
NYSE · Regal Beloit Corporation
219.78
Reversal Risk Warning
65.06%
Entry 23 May 2025
133.15
13 Feb 2026
Exit
RWT
NYSE · Redwood Trust Inc
6.37
Reversal Risk Warning
20.37%
Entry 27 Jun 2025
5.29
13 Feb 2026
Exit
SBRA
NASDAQ · Sabra Healthcare REIT Inc
19.88
Reversal Risk Warning
73.22%
Entry 22 Sep 2023
11.48
13 Feb 2026
Exit
SHG
NYSE · Shinhan Financial Group Co Ltd
69.83
Reversal Risk Warning
124.58%
Entry 2 Feb 2024
31.09
13 Feb 2026
Entry
SKYQ
NASDAQ · Sky Quarry Inc
2.66
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 0.33
13 Feb 2026
Exit
SLP
NASDAQ · Simulations Plus Inc
12.29
20% entry drawdown
-23.28%
Entry 3 Oct 2025
16.02
13 Feb 2026
Exit
SNA
NYSE · Snap-On Inc
379.65
Reversal Risk Warning
44.87%
Entry 1 Dec 2023
262.05
13 Feb 2026
Exit
SND
NASDAQ · Smart Sand Inc
5.26
Reversal Risk Warning
155.34%
Entry 19 Sep 2025
2.06
13 Feb 2026
Entry
SNDK
NASDAQ · Sandisk Corp
626.56
Market Dynamics Buy Signal
-
Market Dynamics Buy
MD 2.48
13 Feb 2026
Exit
SNOA
NASDAQ · Sonoma Pharmaceuticals Inc
2.75
20% entry drawdown
-20.75%
Entry 30 May 2025
3.47
13 Feb 2026
Exit
SPXC
NYSE · SPX Corp
239.00
Reversal Risk Warning
131.41%
Entry 26 Jan 2024
103.28
13 Feb 2026
Exit
SR
NYSE · Spire Inc
90.05
Reversal Risk Warning
65.62%
Entry 17 Nov 2023
54.37
13 Feb 2026
Exit
SRE
NYSE · Sempra Energy
93.11
Reversal Risk Warning
38.24%
Entry 24 Nov 2023
67.35