Uncorrelated to the Market - this is alpha, not index beta
0.03
Beta to NQ
0.2%
R² (NQ explains)
18.0%
Annualized Alpha
-1%
Down-capture (up when NQ falls)
Beta to Market
Each dot = one day. The flat green fit (β=0.03) over a diffuse cloud = returns are independent of NQ direction.
Market Capture vs NQ
Catches NQ upside, slightly + when NQ falls = defensive.
Avg Excursion / Trade
Edge ratio 1.67 - winners run 1.67× further than losers.
Trade Analytics
Profit factor
1.34
Payoff ratio
1.82
Expectancy
$185
Win rate
42.4%
Time in market
35%
Long / Short
3,601 / 1,823
Full Risk-Adjusted Suite
Sharpe
1.59
Sortino
2.99
Calmar / MAR
1.37
Sterling
1.39
Omega
1.31
Gain-to-Pain
5.22
Tail ratio
1.65
Recovery factor
33.2
Max DD
$38,695 (12.72%)
DD duration
537 td
Annualized
18.9%
Positive months
68%
Recommended Minimum Account Size
Instrument
1-contract max DD
Minimum account
Cushion
Micro (MNQ)
~$3,700
$10,000
2.7×
Mini (NQ)
~$37,000
$100,000
2.7×
âš Honest risk note: realized max drawdown was statistically favorable. Monte-Carlo indicates a likelier forward max drawdown of ~$52k-$80k per mini. Size conservatively - mini backed by $150k+, micro by $15k+.