Trend regime, momentum, risk — and what a rule-based system does about it. Computed daily by the IVEST research system. As of 2026-07-09.
1-year price (gold) vs 200-day moving average (dashed). Last close 938.39
These rules describe how systematic trend-following strategies typically operate — a framework, not a recommendation for any individual.
| Horizon | Return | Universe percentile |
|---|---|---|
| 1M | +2.5% | 50 |
| 3M | +21.9% | 85 |
| 6M | +51.2% | 92 |
| 12M | +140.6% | 96 |
Cross-sectional percentile ranks CAT against ~200 liquid US names — a stock can be "up" and still lag the tape. Persistent top-quartile momentum across horizons is the profile trend systems allocate to.
Trend regime uses the 200-day moving average — the same gate the IVEST core applies before holding leveraged exposure. Composite score = 40·(trend) + 40·(momentum percentile) + 20·(1 − volatility percentile): fully transparent. Beta/correlation vs SPY over the last 12 months. Every number regenerates daily from raw prices — no analyst opinion in the loop.
Yes — CAT trades +33.1% above its 200-day moving average, the classic systematic uptrend definition.
No page can answer that for you — but a trend system's checklist is public: regime ✅ above the 200-day line; momentum percentile 85/100; extension ⚠ stretched (+33.1% — pullback entries preferred); predefined exit at 705.11. If any of those words are unfamiliar, position sizing — not stock picking — is the first thing to learn (Kelly calculator).
705.11 as of 2026-07-09 (close 938.39, +33.1%). The 50-day sits at 922.97 — the 50/200 relationship is currently a golden cross.
Annualized volatility 59%, worst single day in the last year -6.9%, worst peak-to-trough -14%. Beta to SPY: 1.69. Size positions so that this drawdown profile is survivable — see the playbook above.