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 200.10
These rules describe how systematic trend-following strategies typically operate — a framework, not a recommendation for any individual.
| Horizon | Return | Universe percentile |
|---|---|---|
| 1M | +10.9% | 89 |
| 3M | +4.4% | 53 |
| 6M | -21.8% | 8 |
| 12M | -6.6% | 17 |
Cross-sectional percentile ranks COF 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.
No — COF trades -3.3% below its 200-day moving average; trend systems treat this regime as risk-off.
No page can answer that for you — but a trend system's checklist is public: regime ❌ below the 200-day line; momentum percentile 53/100; extension normal; predefined exit at 206.82. If any of those words are unfamiliar, position sizing — not stock picking — is the first thing to learn (Kelly calculator).
206.82 as of 2026-07-09 (close 200.10, -3.3%). The 50-day sits at 191.00 — the 50/200 relationship is currently a dead cross.
Annualized volatility 39%, worst single day in the last year -8.8%, worst peak-to-trough -31%. Beta to SPY: 1.38. Size positions so that this drawdown profile is survivable — see the playbook above.