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 103.92
These rules describe how systematic trend-following strategies typically operate — a framework, not a recommendation for any individual.
| Horizon | Return | Universe percentile |
|---|---|---|
| 1M | +2.6% | 51 |
| 3M | +3.3% | 48 |
| 6M | +7.4% | 51 |
| 12M | +20.5% | 57 |
Cross-sectional percentile ranks EFA 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 — EFA trades +6.9% 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 48/100; extension normal; predefined exit at 97.22. If any of those words are unfamiliar, position sizing — not stock picking — is the first thing to learn (Kelly calculator).
97.22 as of 2026-07-09 (close 103.92, +6.9%). The 50-day sits at 102.39 — the 50/200 relationship is currently a golden cross.
Annualized volatility 18%, worst single day in the last year -3.1%, worst peak-to-trough -11%. Beta to SPY: 0.97. Size positions so that this drawdown profile is survivable — see the playbook above.