No. of Recommendations: 6
Baltassar:But does anyone know how Nasdaq NHNL works prior to the existence of the Nasdaq exchange?
A very meaningful question for all those putting their trust into NHNL & BCC. Robbie has done amazing work on GTR1 and I’ll admit I’ve used BCC but I wouldn’t put much faith on a synthetic recreation of the historical results of what a NHNL signal based on NASDAQ stocks would look like before 2000. The NASDAQ which didn’t exist before 1971 and initially was just an automated quotation system with no trading. Until 1996 prices were quoted in 1/8th dollar increments.
But only using the BCC from 2000 where there is in my view a little more probability that it’s historical performance might indicate the future predictions will add value.
2000 till present helped with the 2008:
BCC CAGR 9.7, SAWR 6.7, MDD -33.5
SP500 CAGR 7.7, SAWR 4.6, MDD -54
2010 till present didn’t catch covid but no significant long term drawdowns:
BCC CAGR 12.4, SAWR 10.25, MDD -33.5
SP500 CAGR 13.4, SAWR 11.15, MDD -33.5
Probably worth keeping an eye on but wouldn't blindly accept the signal.