A market timing filter is used to confirm or to defer the execution of FastRUBE- generated Buy signals. It is equal to the annualized return reduced by the risk-free money market return and then divided by the risk level. The risk level of a fund or investment system may be defined by its maximum drawdown incurred during a prior time period. Investors with a lower risk tolerance can reduce the PIX00 maximum drawdown if they are willing to accept a lower return. As of November 30th.
Bold returns are the highest.