Introduction
In this article, we present a mechanical trading system that is a generalization of a dual moving average cross over system with a fixed time period for exits.
Array Of Dual Moving Averages
In canonical dual moving average (DMA) systems, a long entry signal occurs when a small moving average (MA) goes from less than to greater than a large moving average. When the opposite occurs, this indicates going flat (from an existing long trade) or going short. While there are other types of exits that are frequently used, the cross over event is the entry signal.
In our system, we generalized this concept with a small MA and multiple large MAs. If the small MA is above one of the large MAs it is assigned the letter A, if it is below or equal it is assigned the letter B. These letters are then merged into a word, in which the length is equal to the number of large moving averages.
Specifically, we use 10 days as the small MA. We use two different large moving average arrays: 63, 126, 189, 252 days (4 trading quarters) and 21, 42, …, 252 days (12 trading months). The first yields an array of length 4 and is merged to become a word of the same length (i.e. ABBA). There are 2**4 = 16 possible words. The second yields an array of length 12 and is merged to become a word of the same length. There are 2**12 = 4096 possible words.
We define any cross over as an event in which the word at the end of the current day is different than that of the previous day.
Fixed Time Period For Exits
In DMA systems, a cross over event can also indicate an exit. For long-short systems, the trade direction is reversed. For long only systems, the cross over results in exiting the trade. Of course there are many other exit criteria used. Here, we use a simple time exit of 21, 42, or 63 days, representing 1, 2, and 3 trading months.
Particulars Of The Backtest
- The trade period is from 2000 to 2021 (the last data date is 20210908).
- We only use stocks.
- Only long trades are permitted.
- Trade initiation is determined at the end of the trading day, as described above, and new positions occur at the open price of the following day.
- Exits occur at the close price.
- A minimum average volume filter, that is a function of the data year, is applied to remove thinly traded stocks.
Results
All results are contained in csv files and can be downloaded here: DMA Array Time Exits Results
Below are the summary results for all years. For the 4 quarters MAs, all possible results are included. While for the 12 months MAs, only those that passed the minimum average volume filter are included.
DMA 4 Quarters All Years
| dma word 4 quarters | Entry Exit Type | Annualized Expectancy | 50 Pctl % Return | Trades | Wins | Losses | Win % | Median Win | Median Loss | Expectancy | Median Win - abs(Median Loss) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| bbba | 4_quarters_entry_21_day_exit | 13.923 | 1.483 | 31435 | 17982 | 13453 | 57.204 | 6.103 | -5.446 | 1.160 | 0.657 |
| baab | 4_quarters_entry_21_day_exit | 12.508 | 1.250 | 8337 | 4586 | 3751 | 55.008 | 7.388 | -6.716 | 1.042 | 0.672 |
| baab | 4_quarters_entry_63_day_exit | 12.003 | 3.403 | 8337 | 4822 | 3515 | 57.839 | 14.128 | -12.264 | 3.001 | 1.864 |
| baab | 4_quarters_entry_42_day_exit | 11.928 | 2.453 | 8337 | 4698 | 3639 | 56.351 | 11.321 | -10.061 | 1.988 | 1.260 |
| abab | 4_quarters_entry_42_day_exit | 11.655 | 2.349 | 2491 | 1407 | 1084 | 56.483 | 10.233 | -8.819 | 1.943 | 1.415 |
| baaa | 4_quarters_entry_21_day_exit | 11.474 | 1.229 | 62246 | 35041 | 27205 | 56.294 | 5.763 | -5.235 | 0.956 | 0.528 |
| baba | 4_quarters_entry_21_day_exit | 11.311 | 1.416 | 2901 | 1634 | 1267 | 56.325 | 5.953 | -5.519 | 0.943 | 0.434 |
| abab | 4_quarters_entry_63_day_exit | 11.300 | 3.333 | 2491 | 1417 | 1074 | 56.885 | 13.863 | -11.737 | 2.825 | 2.125 |
| bbaa | 4_quarters_entry_21_day_exit | 11.150 | 1.263 | 40525 | 22693 | 17832 | 55.998 | 5.942 | -5.450 | 0.929 | 0.492 |
| baba | 4_quarters_entry_42_day_exit | 10.980 | 2.063 | 2901 | 1652 | 1249 | 56.946 | 9.158 | -7.862 | 1.830 | 1.296 |
| bbba | 4_quarters_entry_63_day_exit | 10.975 | 3.415 | 31435 | 18640 | 12795 | 59.297 | 11.058 | -9.368 | 2.744 | 1.690 |
| bbba | 4_quarters_entry_42_day_exit | 10.868 | 2.330 | 31435 | 18260 | 13175 | 58.088 | 8.711 | -7.752 | 1.811 | 0.959 |
| babb | 4_quarters_entry_63_day_exit | 10.730 | 3.313 | 12583 | 7219 | 5364 | 57.371 | 13.873 | -12.377 | 2.682 | 1.495 |
| abaa | 4_quarters_entry_42_day_exit | 10.696 | 2.313 | 15891 | 9284 | 6607 | 58.423 | 8.151 | -7.166 | 1.783 | 0.985 |
| bbaa | 4_quarters_entry_63_day_exit | 10.506 | 3.097 | 40525 | 23787 | 16738 | 58.697 | 10.950 | -9.202 | 2.626 | 1.748 |
| babb | 4_quarters_entry_42_day_exit | 10.445 | 1.964 | 12583 | 6944 | 5639 | 55.186 | 11.120 | -9.809 | 1.741 | 1.311 |
| bbbb | 4_quarters_entry_63_day_exit | 10.351 | 3.451 | 51447 | 29754 | 21693 | 57.834 | 13.088 | -11.814 | 2.588 | 1.274 |
| abaa | 4_quarters_entry_63_day_exit | 10.254 | 3.239 | 15891 | 9396 | 6495 | 59.128 | 10.526 | -8.956 | 2.563 | 1.570 |
| abaa | 4_quarters_entry_21_day_exit | 10.203 | 1.158 | 15891 | 8879 | 7012 | 55.874 | 5.531 | -5.076 | 0.850 | 0.454 |
| bbaa | 4_quarters_entry_42_day_exit | 9.996 | 2.005 | 40525 | 23098 | 17427 | 56.997 | 8.592 | -7.513 | 1.666 | 1.078 |
| baaa | 4_quarters_entry_42_day_exit | 9.931 | 2.068 | 62246 | 35679 | 26567 | 57.319 | 8.414 | -7.421 | 1.655 | 0.992 |
| aaaa | 4_quarters_entry_42_day_exit | 9.804 | 2.060 | 65627 | 37719 | 27908 | 57.475 | 8.222 | -7.270 | 1.634 | 0.952 |
| aaaa | 4_quarters_entry_63_day_exit | 9.792 | 3.147 | 65627 | 38643 | 26984 | 58.883 | 10.491 | -9.070 | 2.448 | 1.421 |
| baaa | 4_quarters_entry_63_day_exit | 9.751 | 2.922 | 62246 | 36346 | 25900 | 58.391 | 10.647 | -9.082 | 2.438 | 1.565 |
| abba | 4_quarters_entry_42_day_exit | 9.579 | 2.057 | 10920 | 6327 | 4593 | 57.940 | 7.891 | -7.074 | 1.597 | 0.817 |
| baba | 4_quarters_entry_63_day_exit | 9.553 | 3.499 | 2901 | 1711 | 1190 | 58.980 | 11.525 | -10.749 | 2.388 | 0.776 |
| abba | 4_quarters_entry_21_day_exit | 9.548 | 1.162 | 10920 | 6122 | 4798 | 56.062 | 5.480 | -5.182 | 0.796 | 0.299 |
| aaab | 4_quarters_entry_63_day_exit | 9.499 | 3.316 | 23470 | 13504 | 9966 | 57.537 | 12.916 | -11.909 | 2.375 | 1.007 |
| bbbb | 4_quarters_entry_21_day_exit | 9.470 | 1.078 | 51447 | 27993 | 23454 | 54.411 | 7.081 | -6.720 | 0.789 | 0.361 |
| abbb | 4_quarters_entry_21_day_exit | 9.237 | 1.031 | 42772 | 23232 | 19540 | 54.316 | 7.116 | -6.775 | 0.770 | 0.340 |
| abba | 4_quarters_entry_63_day_exit | 9.158 | 2.900 | 10920 | 6387 | 4533 | 58.489 | 10.315 | -9.019 | 2.289 | 1.296 |
| bbbb | 4_quarters_entry_42_day_exit | 9.025 | 2.131 | 51447 | 28742 | 22705 | 55.867 | 10.266 | -9.588 | 1.504 | 0.679 |
| aaaa | 4_quarters_entry_21_day_exit | 8.911 | 1.076 | 65627 | 36488 | 29139 | 55.599 | 5.443 | -5.144 | 0.743 | 0.300 |
| aaba | 4_quarters_entry_42_day_exit | 8.839 | 1.867 | 8006 | 4553 | 3453 | 56.870 | 7.987 | -7.116 | 1.473 | 0.871 |
| abab | 4_quarters_entry_21_day_exit | 8.807 | 0.840 | 2491 | 1359 | 1132 | 54.556 | 6.520 | -6.213 | 0.734 | 0.307 |
| aaab | 4_quarters_entry_42_day_exit | 8.644 | 2.076 | 23470 | 13091 | 10379 | 55.778 | 10.000 | -9.355 | 1.441 | 0.645 |
| aaab | 4_quarters_entry_21_day_exit | 8.343 | 1.100 | 23470 | 12851 | 10619 | 54.755 | 6.588 | -6.436 | 0.695 | 0.152 |
| aabb | 4_quarters_entry_63_day_exit | 8.130 | 2.834 | 29201 | 16555 | 12646 | 56.693 | 12.673 | -11.898 | 2.032 | 0.776 |
| aaba | 4_quarters_entry_63_day_exit | 8.114 | 2.892 | 8006 | 4673 | 3333 | 58.369 | 10.126 | -9.325 | 2.028 | 0.801 |
| abbb | 4_quarters_entry_63_day_exit | 8.073 | 2.864 | 42772 | 24146 | 18626 | 56.453 | 12.778 | -11.930 | 2.018 | 0.848 |
| abbb | 4_quarters_entry_42_day_exit | 7.779 | 1.768 | 42772 | 23514 | 19258 | 54.975 | 10.216 | -9.594 | 1.296 | 0.622 |
| babb | 4_quarters_entry_21_day_exit | 7.623 | 0.809 | 12583 | 6687 | 5896 | 53.143 | 7.276 | -6.897 | 0.635 | 0.380 |
| aabb | 4_quarters_entry_21_day_exit | 7.467 | 0.985 | 29201 | 15842 | 13359 | 54.252 | 6.684 | -6.566 | 0.622 | 0.118 |
| aabb | 4_quarters_entry_42_day_exit | 7.364 | 1.910 | 29201 | 16193 | 13008 | 55.454 | 9.910 | -9.582 | 1.227 | 0.329 |
| aaba | 4_quarters_entry_21_day_exit | 6.458 | 0.875 | 8006 | 4405 | 3601 | 55.021 | 5.127 | -5.075 | 0.538 | 0.052 |
| bbab | 4_quarters_entry_63_day_exit | 6.267 | 2.951 | 6363 | 3609 | 2754 | 56.719 | 12.311 | -12.513 | 1.567 | -0.202 |
| bbab | 4_quarters_entry_42_day_exit | 5.152 | 1.240 | 6363 | 3411 | 2952 | 53.607 | 9.736 | -9.399 | 0.859 | 0.337 |
| bbab | 4_quarters_entry_21_day_exit | 0.757 | 0.393 | 6363 | 3279 | 3084 | 51.532 | 6.389 | -6.663 | 0.063 | -0.274 |
DMA 12 Months All Years
| dma word 12 months | Entry Exit Type | Annualized Expectancy | 50 Pctl % Return | Trades | Wins | Losses | Win % | Median Win | Median Loss | Expectancy | Median Win - abs(Median Loss) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| bbbaaaaaabbb | 12_months_entry_21_day_exit | 20.579 | 1.268 | 1706 | 948 | 758 | 55.569 | 8.593 | -6.888 | 1.715 | 1.706 |
| bbbbaaaaaabb | 12_months_entry_21_day_exit | 18.153 | 1.094 | 1241 | 672 | 569 | 54.150 | 8.601 | -6.859 | 1.513 | 1.742 |
| bbbbaaaabbbb | 12_months_entry_42_day_exit | 17.513 | 3.541 | 1570 | 924 | 646 | 58.854 | 11.939 | -9.983 | 2.919 | 1.956 |
| bbbbbaabbbbb | 12_months_entry_42_day_exit | 17.285 | 2.745 | 1728 | 982 | 746 | 56.829 | 12.340 | -9.571 | 2.881 | 2.769 |
| bbbbbbabbbbb | 12_months_entry_42_day_exit | 17.029 | 2.581 | 1399 | 792 | 607 | 56.612 | 12.116 | -9.267 | 2.838 | 2.849 |
| abaaabbbbbbb | 12_months_entry_21_day_exit | 16.969 | 1.967 | 1692 | 974 | 718 | 57.565 | 7.652 | -7.048 | 1.414 | 0.604 |
| bbbbbbbbbbba | 12_months_entry_21_day_exit | 16.219 | 1.622 | 16682 | 9635 | 7047 | 57.757 | 6.208 | -5.288 | 1.352 | 0.920 |
| bbbbaabbbbbb | 12_months_entry_63_day_exit | 16.049 | 4.719 | 2156 | 1269 | 887 | 58.859 | 15.381 | -12.252 | 4.012 | 3.129 |
| bbbbbbbbbaaa | 12_months_entry_21_day_exit | 15.952 | 1.677 | 18922 | 10982 | 7940 | 58.038 | 6.252 | -5.479 | 1.329 | 0.773 |
| bbaabbbbbbbb | 12_months_entry_42_day_exit | 15.728 | 3.081 | 5087 | 2937 | 2150 | 57.735 | 11.530 | -9.548 | 2.621 | 1.982 |
| bbbabbbbbbbb | 12_months_entry_21_day_exit | 15.681 | 1.682 | 3956 | 2240 | 1716 | 56.623 | 7.463 | -6.730 | 1.307 | 0.734 |
| bbbbbaaabbbb | 12_months_entry_42_day_exit | 15.435 | 2.626 | 1374 | 788 | 586 | 57.351 | 12.039 | -10.157 | 2.572 | 1.882 |
| bbbbbbbbbbaa | 12_months_entry_21_day_exit | 15.209 | 1.571 | 17690 | 10166 | 7524 | 57.467 | 6.171 | -5.358 | 1.267 | 0.813 |
| abaaaabbbbbb | 12_months_entry_21_day_exit | 15.110 | 1.223 | 1269 | 691 | 578 | 54.452 | 7.818 | -6.582 | 1.259 | 1.236 |
| bbbbaaabbbbb | 12_months_entry_42_day_exit | 15.085 | 2.703 | 1882 | 1087 | 795 | 57.758 | 11.315 | -9.519 | 2.514 | 1.796 |
| bbbaaaaaaabb | 12_months_entry_21_day_exit | 15.046 | 1.493 | 1542 | 856 | 686 | 55.512 | 7.765 | -6.870 | 1.254 | 0.894 |
| babbbbbbbbbb | 12_months_entry_21_day_exit | 15.035 | 1.413 | 14861 | 8195 | 6666 | 55.144 | 8.187 | -7.272 | 1.253 | 0.915 |
| bbbbaaaaabbb | 12_months_entry_63_day_exit | 14.975 | 4.190 | 1386 | 824 | 562 | 59.452 | 15.101 | -12.908 | 3.744 | 2.193 |
| bbbaaaaaabbb | 12_months_entry_63_day_exit | 14.868 | 3.747 | 1706 | 991 | 715 | 58.089 | 15.227 | -12.235 | 3.717 | 2.991 |
| baaaaaaaaabb | 12_months_entry_21_day_exit | 14.793 | 1.526 | 3338 | 1862 | 1476 | 55.782 | 7.600 | -6.800 | 1.233 | 0.800 |
| bbbbbbbbaaaa | 12_months_entry_21_day_exit | 14.650 | 1.538 | 20748 | 11965 | 8783 | 57.668 | 6.108 | -5.437 | 1.221 | 0.671 |
| abaaabbbbbbb | 12_months_entry_63_day_exit | 14.552 | 4.657 | 1692 | 1021 | 671 | 60.343 | 14.329 | -12.630 | 3.638 | 1.699 |
| bbaaabbbbbbb | 12_months_entry_21_day_exit | 14.465 | 1.426 | 4130 | 2289 | 1841 | 55.424 | 7.566 | -6.703 | 1.205 | 0.863 |
| baabbaaaaaaa | 12_months_entry_21_day_exit | 14.084 | 1.375 | 1226 | 679 | 547 | 55.383 | 6.486 | -5.420 | 1.174 | 1.066 |
| aaaabbbbbaaa | 12_months_entry_21_day_exit | 14.039 | 1.318 | 1848 | 1049 | 799 | 56.764 | 5.620 | -4.672 | 1.170 | 0.948 |
| bbbbaaabbbbb | 12_months_entry_63_day_exit | 13.932 | 3.963 | 1882 | 1108 | 774 | 58.874 | 14.676 | -12.540 | 3.483 | 2.136 |
| bbbbaaaaabbb | 12_months_entry_42_day_exit | 13.862 | 3.480 | 1386 | 803 | 583 | 57.937 | 12.126 | -11.209 | 2.310 | 0.917 |
| aabbbbbbbbbb | 12_months_entry_21_day_exit | 13.613 | 1.413 | 38417 | 21332 | 17085 | 55.528 | 7.540 | -6.863 | 1.134 | 0.677 |
| bbaaaaaaaabb | 12_months_entry_42_day_exit | 13.557 | 2.389 | 2061 | 1154 | 907 | 55.992 | 12.508 | -10.780 | 2.259 | 1.728 |
| bbbbbaaaaaaa | 12_months_entry_21_day_exit | 13.291 | 1.482 | 29994 | 17170 | 12824 | 57.245 | 5.925 | -5.343 | 1.108 | 0.582 |
| bbbbbbabbbbb | 12_months_entry_63_day_exit | 13.265 | 3.730 | 1399 | 796 | 603 | 56.898 | 16.005 | -13.434 | 3.316 | 2.571 |
| bbbbbaabbbbb | 12_months_entry_21_day_exit | 13.254 | 1.073 | 1728 | 937 | 791 | 54.225 | 7.521 | -6.497 | 1.105 | 1.025 |
| abaaabbbbbbb | 12_months_entry_42_day_exit | 13.245 | 3.079 | 1692 | 962 | 730 | 56.856 | 11.385 | -9.886 | 2.208 | 1.498 |
| bbaaabbbbbbb | 12_months_entry_42_day_exit | 13.237 | 2.428 | 4130 | 2317 | 1813 | 56.102 | 11.578 | -9.771 | 2.206 | 1.807 |
| bbbbbbbaaaaa | 12_months_entry_21_day_exit | 13.168 | 1.404 | 23150 | 13222 | 9928 | 57.114 | 6.005 | -5.439 | 1.097 | 0.566 |
| bbbaaaaaabbb | 12_months_entry_42_day_exit | 13.164 | 2.800 | 1706 | 976 | 730 | 57.210 | 12.173 | -11.147 | 2.194 | 1.025 |
| bbbaabbbbbbb | 12_months_entry_21_day_exit | 13.136 | 0.772 | 3167 | 1667 | 1500 | 52.637 | 7.974 | -6.550 | 1.095 | 1.423 |
| bbbaaaaaaaab | 12_months_entry_63_day_exit | 12.992 | 3.754 | 1457 | 840 | 617 | 57.653 | 14.967 | -12.706 | 3.248 | 2.261 |
| abbabbbbbbbb | 12_months_entry_42_day_exit | 12.975 | 2.205 | 1372 | 772 | 600 | 56.268 | 10.386 | -8.418 | 2.163 | 1.968 |
| bbbbaabbbbbb | 12_months_entry_42_day_exit | 12.946 | 2.775 | 2156 | 1234 | 922 | 57.236 | 11.390 | -10.199 | 2.158 | 1.191 |
| bbbbbaaabbbb | 12_months_entry_21_day_exit | 12.914 | 1.288 | 1374 | 753 | 621 | 54.803 | 7.407 | -6.601 | 1.076 | 0.806 |
| baabaaaaaaaa | 12_months_entry_42_day_exit | 12.891 | 1.948 | 1667 | 960 | 707 | 57.588 | 8.819 | -6.909 | 2.149 | 1.910 |
| abaaaabbbbbb | 12_months_entry_63_day_exit | 12.869 | 4.147 | 1269 | 748 | 521 | 58.944 | 13.409 | -11.416 | 3.217 | 1.994 |
| abaabbbbbbbb | 12_months_entry_42_day_exit | 12.867 | 2.450 | 1881 | 1058 | 823 | 56.247 | 11.310 | -9.639 | 2.144 | 1.672 |
| bbbaaaaabbbb | 12_months_entry_63_day_exit | 12.856 | 3.488 | 1873 | 1063 | 810 | 56.754 | 14.690 | -11.847 | 3.214 | 2.843 |
| abaabbbbbbbb | 12_months_entry_63_day_exit | 12.811 | 4.061 | 1881 | 1112 | 769 | 59.117 | 13.480 | -11.659 | 3.203 | 1.821 |
| bbbbaaabbbbb | 12_months_entry_21_day_exit | 12.753 | 0.690 | 1882 | 988 | 894 | 52.497 | 7.615 | -6.178 | 1.063 | 1.437 |
| abbbbbbbbbbb | 12_months_entry_42_day_exit | 12.742 | 2.629 | 62775 | 35867 | 26908 | 57.136 | 11.074 | -9.806 | 2.124 | 1.267 |
| baaaaaaaaabb | 12_months_entry_63_day_exit | 12.721 | 4.089 | 3338 | 1944 | 1394 | 58.238 | 14.726 | -12.921 | 3.180 | 1.805 |
| bbbbaaaaaaaa | 12_months_entry_21_day_exit | 12.708 | 1.340 | 35257 | 20093 | 15164 | 56.990 | 5.856 | -5.298 | 1.059 | 0.559 |
| bbbaaaaaaabb | 12_months_entry_63_day_exit | 12.704 | 3.903 | 1542 | 898 | 644 | 58.236 | 14.872 | -13.133 | 3.176 | 1.739 |
| bbbaaaaaaaaa | 12_months_entry_21_day_exit | 12.651 | 1.287 | 43009 | 24374 | 18635 | 56.672 | 5.803 | -5.156 | 1.054 | 0.646 |
| bbbbaaaabbbb | 12_months_entry_21_day_exit | 12.585 | 1.178 | 1570 | 857 | 713 | 54.586 | 7.590 | -6.814 | 1.049 | 0.776 |
| bbaaaaaaaaaa | 12_months_entry_21_day_exit | 12.581 | 1.316 | 58175 | 33071 | 25104 | 56.847 | 5.725 | -5.112 | 1.048 | 0.613 |
| bbbbbaabbbbb | 12_months_entry_63_day_exit | 12.545 | 3.103 | 1728 | 970 | 758 | 56.134 | 15.749 | -13.004 | 3.136 | 2.745 |
| baabbaaaaaaa | 12_months_entry_42_day_exit | 12.536 | 2.601 | 1226 | 717 | 509 | 58.483 | 8.605 | -7.088 | 2.089 | 1.516 |
| aaaabbbbbbba | 12_months_entry_21_day_exit | 12.481 | 1.380 | 1527 | 886 | 641 | 58.022 | 5.305 | -4.855 | 1.040 | 0.450 |
| baaaaaaaaaab | 12_months_entry_63_day_exit | 12.470 | 3.748 | 3157 | 1831 | 1326 | 57.998 | 14.060 | -11.992 | 3.117 | 2.068 |
| baabbaaaaaaa | 12_months_entry_63_day_exit | 12.436 | 3.498 | 1226 | 737 | 489 | 60.114 | 10.811 | -8.499 | 3.109 | 2.312 |
| bbbaaaaabbbb | 12_months_entry_42_day_exit | 12.416 | 1.785 | 1873 | 1025 | 848 | 54.725 | 11.559 | -9.402 | 2.069 | 2.158 |
| baaaaaaaaabb | 12_months_entry_42_day_exit | 12.388 | 2.404 | 3338 | 1882 | 1456 | 56.381 | 11.146 | -9.674 | 2.065 | 1.472 |
| abbabbbbbbbb | 12_months_entry_63_day_exit | 12.315 | 3.719 | 1372 | 812 | 560 | 59.184 | 12.663 | -10.819 | 3.079 | 1.845 |
| bbaabbbbbbbb | 12_months_entry_63_day_exit | 12.270 | 3.819 | 5087 | 2958 | 2129 | 58.148 | 13.720 | -11.733 | 3.068 | 1.987 |
| bbbbaaaabbbb | 12_months_entry_63_day_exit | 12.269 | 3.644 | 1570 | 909 | 661 | 57.898 | 14.584 | -12.771 | 3.067 | 1.813 |
| bbbbbbbbbaaa | 12_months_entry_42_day_exit | 12.249 | 2.503 | 18922 | 11055 | 7867 | 58.424 | 8.968 | -7.692 | 2.042 | 1.276 |
| bbabaaaaaaaa | 12_months_entry_42_day_exit | 12.202 | 2.706 | 1257 | 761 | 496 | 60.541 | 8.406 | -7.744 | 2.034 | 0.663 |
| bbbbbbaaaaaa | 12_months_entry_21_day_exit | 12.114 | 1.316 | 26038 | 14654 | 11384 | 56.279 | 6.001 | -5.416 | 1.009 | 0.585 |
| aabbbbbbbaaa | 12_months_entry_63_day_exit | 12.074 | 3.418 | 3109 | 1861 | 1248 | 59.858 | 10.605 | -8.294 | 3.019 | 2.311 |
| baaaaaaabbbb | 12_months_entry_63_day_exit | 12.059 | 3.241 | 4030 | 2289 | 1741 | 56.799 | 14.841 | -12.534 | 3.015 | 2.307 |
| aaabbbbbbbba | 12_months_entry_42_day_exit | 12.018 | 2.231 | 1903 | 1114 | 789 | 58.539 | 8.391 | -7.017 | 2.003 | 1.374 |
| babbbbbbbbbb | 12_months_entry_42_day_exit | 11.903 | 2.421 | 14861 | 8388 | 6473 | 56.443 | 11.355 | -10.160 | 1.984 | 1.195 |
| bbaaaaaaaabb | 12_months_entry_63_day_exit | 11.893 | 3.517 | 2061 | 1197 | 864 | 58.079 | 15.027 | -13.726 | 2.973 | 1.301 |
| bbbbaaaaaabb | 12_months_entry_63_day_exit | 11.810 | 2.814 | 1241 | 693 | 548 | 55.842 | 14.278 | -11.369 | 2.952 | 2.908 |
| abbbbbbbbbbb | 12_months_entry_21_day_exit | 11.790 | 1.340 | 62775 | 34682 | 28093 | 55.248 | 7.421 | -6.966 | 0.983 | 0.455 |
| aaaabbaaaaaa | 12_months_entry_42_day_exit | 11.744 | 2.676 | 2824 | 1691 | 1133 | 59.880 | 8.408 | -7.671 | 1.957 | 0.738 |
| bbaaaaaabbbb | 12_months_entry_63_day_exit | 11.743 | 3.282 | 2541 | 1436 | 1105 | 56.513 | 15.217 | -13.024 | 2.936 | 2.193 |
| aaaaaaaaaaab | 12_months_entry_63_day_exit | 11.738 | 3.435 | 12826 | 7442 | 5384 | 58.023 | 13.123 | -11.149 | 2.934 | 1.974 |
| aaaabaaaaaaa | 12_months_entry_63_day_exit | 11.645 | 3.234 | 3080 | 1827 | 1253 | 59.318 | 10.928 | -8.778 | 2.911 | 2.150 |
| baaaaaaaaaaa | 12_months_entry_21_day_exit | 11.630 | 1.215 | 99108 | 55873 | 43235 | 56.376 | 5.581 | -4.990 | 0.969 | 0.590 |
| baaaaaaaaaab | 12_months_entry_42_day_exit | 11.571 | 2.388 | 3157 | 1795 | 1362 | 56.858 | 10.728 | -9.669 | 1.928 | 1.059 |
| bbbbaaaaaabb | 12_months_entry_42_day_exit | 11.551 | 2.440 | 1241 | 708 | 533 | 57.051 | 10.945 | -10.056 | 1.925 | 0.889 |
| aaaabbaaaaaa | 12_months_entry_63_day_exit | 11.528 | 3.571 | 2824 | 1674 | 1150 | 59.278 | 11.295 | -9.365 | 2.882 | 1.930 |
| bbbabbbbbbbb | 12_months_entry_42_day_exit | 11.523 | 2.102 | 3956 | 2183 | 1773 | 55.182 | 11.217 | -9.526 | 1.920 | 1.691 |
| aaaabbbaaaaa | 12_months_entry_21_day_exit | 11.470 | 1.498 | 2378 | 1374 | 1004 | 57.780 | 5.197 | -4.849 | 0.956 | 0.349 |
| bbbaaaaaaaab | 12_months_entry_21_day_exit | 11.454 | 0.742 | 1457 | 768 | 689 | 52.711 | 8.017 | -6.918 | 0.955 | 1.099 |
| baaaaaaaaaaa | 12_months_entry_42_day_exit | 11.444 | 2.222 | 99108 | 57646 | 41462 | 58.165 | 8.366 | -7.072 | 1.907 | 1.294 |
| bbbbbbbbbbaa | 12_months_entry_63_day_exit | 11.427 | 3.478 | 17690 | 10494 | 7196 | 59.322 | 11.360 | -9.543 | 2.857 | 1.817 |
| bbbbbbbbbbba | 12_months_entry_63_day_exit | 11.422 | 3.524 | 16682 | 9936 | 6746 | 59.561 | 11.313 | -9.602 | 2.855 | 1.711 |
| abaaaaaaaaaa | 12_months_entry_42_day_exit | 11.233 | 2.056 | 22892 | 13179 | 9713 | 57.570 | 8.505 | -7.127 | 1.872 | 1.378 |
| bbbbbbbbbaaa | 12_months_entry_63_day_exit | 11.214 | 3.389 | 18922 | 11253 | 7669 | 59.470 | 11.099 | -9.368 | 2.804 | 1.730 |
| abaaaaaaaaaa | 12_months_entry_21_day_exit | 11.210 | 1.173 | 22892 | 12833 | 10059 | 56.059 | 5.615 | -5.038 | 0.934 | 0.577 |
| bbabaaaaaaaa | 12_months_entry_21_day_exit | 11.194 | 1.426 | 1257 | 714 | 543 | 56.802 | 5.668 | -5.294 | 0.933 | 0.374 |
| bbaaaaaaaaaa | 12_months_entry_42_day_exit | 11.136 | 2.102 | 58175 | 33593 | 24582 | 57.745 | 8.491 | -7.210 | 1.856 | 1.280 |
| aaaaabaaaaaa | 12_months_entry_42_day_exit | 11.116 | 2.475 | 2249 | 1338 | 911 | 59.493 | 8.076 | -7.288 | 1.853 | 0.788 |
| aaaabaaaaaaa | 12_months_entry_42_day_exit | 11.104 | 2.087 | 3080 | 1795 | 1285 | 58.279 | 8.221 | -7.048 | 1.851 | 1.173 |
| bbbbbbbbbbba | 12_months_entry_42_day_exit | 11.057 | 2.483 | 16682 | 9722 | 6960 | 58.278 | 8.863 | -7.963 | 1.843 | 0.900 |
| bbbabbbbbbbb | 12_months_entry_63_day_exit | 11.049 | 3.790 | 3956 | 2308 | 1648 | 58.342 | 13.248 | -11.923 | 2.762 | 1.325 |
| bbaaabbbbbbb | 12_months_entry_63_day_exit | 11.045 | 3.495 | 4130 | 2363 | 1767 | 57.215 | 13.486 | -11.582 | 2.761 | 1.905 |
| aaabbbbbbbba | 12_months_entry_63_day_exit | 10.991 | 3.263 | 1903 | 1135 | 768 | 59.643 | 10.734 | -9.055 | 2.748 | 1.679 |
| aaabbbaaaaaa | 12_months_entry_63_day_exit | 10.990 | 3.535 | 3507 | 2113 | 1394 | 60.251 | 10.646 | -9.225 | 2.747 | 1.421 |
| bbbbaaaaabbb | 12_months_entry_21_day_exit | 10.985 | 1.139 | 1386 | 754 | 632 | 54.401 | 7.682 | -7.158 | 0.915 | 0.525 |
| bbaaaaaaabbb | 12_months_entry_63_day_exit | 10.942 | 3.492 | 2230 | 1271 | 959 | 56.996 | 14.991 | -13.506 | 2.736 | 1.484 |
| aaabbbbaaaaa | 12_months_entry_63_day_exit | 10.940 | 3.418 | 2933 | 1754 | 1179 | 59.802 | 10.574 | -8.927 | 2.735 | 1.647 |
| babbbbbbbbbb | 12_months_entry_63_day_exit | 10.888 | 3.823 | 14861 | 8605 | 6256 | 57.903 | 13.898 | -12.651 | 2.722 | 1.247 |
| abbaabbbbbbb | 12_months_entry_63_day_exit | 10.875 | 3.435 | 1215 | 703 | 512 | 57.860 | 12.838 | -11.175 | 2.719 | 1.662 |
| aaabbbbaaaaa | 12_months_entry_42_day_exit | 10.848 | 2.368 | 2933 | 1728 | 1205 | 58.916 | 7.964 | -7.020 | 1.808 | 0.944 |
| bbbbbaaabbbb | 12_months_entry_63_day_exit | 10.819 | 3.720 | 1374 | 786 | 588 | 57.205 | 14.905 | -13.604 | 2.705 | 1.301 |
| bbbbaaaaaaaa | 12_months_entry_42_day_exit | 10.815 | 2.162 | 35257 | 20308 | 14949 | 57.600 | 8.502 | -7.298 | 1.803 | 1.204 |
| bbbbbbbbbbaa | 12_months_entry_42_day_exit | 10.783 | 2.285 | 17690 | 10258 | 7432 | 57.988 | 8.881 | -7.980 | 1.797 | 0.901 |
| abaaaabbbbbb | 12_months_entry_42_day_exit | 10.762 | 2.262 | 1269 | 711 | 558 | 56.028 | 10.932 | -9.850 | 1.794 | 1.082 |
| aaaaabaaaaaa | 12_months_entry_63_day_exit | 10.721 | 3.436 | 2249 | 1342 | 907 | 59.671 | 10.568 | -8.990 | 2.680 | 1.578 |
| aabbbbbaaaaa | 12_months_entry_63_day_exit | 10.720 | 3.678 | 3843 | 2327 | 1516 | 60.552 | 10.311 | -9.034 | 2.680 | 1.277 |
| bbbbbbbbaaaa | 12_months_entry_42_day_exit | 10.717 | 2.382 | 20748 | 12065 | 8683 | 58.150 | 8.678 | -7.790 | 1.786 | 0.888 |
| aaaaabbaaaaa | 12_months_entry_42_day_exit | 10.711 | 1.954 | 1998 | 1147 | 851 | 57.407 | 8.014 | -6.610 | 1.785 | 1.404 |
| aabbbbaaaaaa | 12_months_entry_63_day_exit | 10.680 | 3.252 | 4684 | 2778 | 1906 | 59.308 | 10.519 | -8.771 | 2.670 | 1.749 |
| bbbbbbbbaaaa | 12_months_entry_63_day_exit | 10.679 | 3.325 | 20748 | 12298 | 8450 | 59.273 | 10.981 | -9.427 | 2.670 | 1.555 |
| baaaaaabbbbb | 12_months_entry_63_day_exit | 10.673 | 3.196 | 4471 | 2559 | 1912 | 57.236 | 14.154 | -12.704 | 2.668 | 1.450 |
| aaaaaaaaaabb | 12_months_entry_63_day_exit | 10.654 | 3.596 | 13377 | 7795 | 5582 | 58.272 | 13.069 | -11.867 | 2.663 | 1.201 |
| babbbbbaaaaa | 12_months_entry_42_day_exit | 10.621 | 1.923 | 1357 | 754 | 603 | 55.564 | 8.898 | -7.143 | 1.770 | 1.755 |
| babaaaaaaaaa | 12_months_entry_63_day_exit | 10.604 | 2.910 | 3533 | 2061 | 1472 | 58.336 | 11.057 | -9.119 | 2.651 | 1.938 |
| bbbbaaaaaaaa | 12_months_entry_63_day_exit | 10.554 | 2.998 | 35257 | 20672 | 14585 | 58.632 | 10.790 | -8.915 | 2.638 | 1.875 |
| bbaaaaaaaabb | 12_months_entry_21_day_exit | 10.548 | 1.130 | 2061 | 1107 | 954 | 53.712 | 7.407 | -6.696 | 0.879 | 0.711 |
| babaaaaaaaaa | 12_months_entry_21_day_exit | 10.538 | 0.935 | 3533 | 1928 | 1605 | 54.571 | 6.208 | -5.525 | 0.878 | 0.684 |
| aaaaabaaaaaa | 12_months_entry_21_day_exit | 10.523 | 1.553 | 2249 | 1309 | 940 | 58.204 | 5.429 | -5.462 | 0.877 | -0.033 |
| aaabbbbbbbaa | 12_months_entry_42_day_exit | 10.518 | 2.121 | 2097 | 1203 | 894 | 57.368 | 8.276 | -7.024 | 1.753 | 1.252 |
| bbbaaaaaaaaa | 12_months_entry_42_day_exit | 10.435 | 2.163 | 43009 | 24786 | 18223 | 57.630 | 8.461 | -7.403 | 1.739 | 1.058 |
| baaabbbbbbbb | 12_months_entry_42_day_exit | 10.434 | 2.251 | 7654 | 4266 | 3388 | 55.736 | 10.854 | -9.739 | 1.739 | 1.116 |
| babbbbaaaaaa | 12_months_entry_63_day_exit | 10.418 | 2.554 | 1621 | 934 | 687 | 57.619 | 10.709 | -8.415 | 2.604 | 2.295 |
| bbbbbabbbbbb | 12_months_entry_42_day_exit | 10.360 | 2.505 | 1925 | 1081 | 844 | 56.156 | 11.321 | -10.562 | 1.727 | 0.759 |
| bbbbbbbaaaaa | 12_months_entry_63_day_exit | 10.337 | 3.219 | 23150 | 13666 | 9484 | 59.032 | 10.905 | -9.405 | 2.584 | 1.500 |
| bbbaabbbbbbb | 12_months_entry_63_day_exit | 10.330 | 2.826 | 3167 | 1798 | 1369 | 56.773 | 13.187 | -11.345 | 2.582 | 1.842 |
| abbabbbbbbbb | 12_months_entry_21_day_exit | 10.313 | 1.311 | 1372 | 762 | 610 | 55.539 | 6.594 | -6.304 | 0.859 | 0.290 |
| baaaaaaaaaaa | 12_months_entry_63_day_exit | 10.303 | 3.081 | 99108 | 58554 | 40554 | 59.081 | 10.504 | -8.872 | 2.576 | 1.633 |
| aaabbbbbaaaa | 12_months_entry_63_day_exit | 10.297 | 2.867 | 2565 | 1483 | 1082 | 57.817 | 10.667 | -8.517 | 2.574 | 2.149 |
| bbaaaaaaabbb | 12_months_entry_42_day_exit | 10.264 | 2.015 | 2230 | 1232 | 998 | 55.247 | 12.052 | -11.055 | 1.711 | 0.997 |
| bbbbbbbaaaaa | 12_months_entry_42_day_exit | 10.244 | 2.255 | 23150 | 13364 | 9786 | 57.728 | 8.568 | -7.662 | 1.707 | 0.906 |
| bbbbbbbbbbbb | 12_months_entry_63_day_exit | 10.240 | 3.512 | 74030 | 42733 | 31297 | 57.724 | 13.550 | -12.446 | 2.560 | 1.104 |
| bbbbabbbbbbb | 12_months_entry_42_day_exit | 10.230 | 2.014 | 2516 | 1391 | 1125 | 55.286 | 11.509 | -10.417 | 1.705 | 1.092 |
| bbbbbaaaaaaa | 12_months_entry_42_day_exit | 10.230 | 2.165 | 29994 | 17338 | 12656 | 57.805 | 8.485 | -7.584 | 1.705 | 0.902 |
| aabbbbbbaaaa | 12_months_entry_63_day_exit | 10.218 | 3.308 | 3529 | 2082 | 1447 | 58.997 | 10.424 | -8.769 | 2.554 | 1.655 |
| abbbbbbbaaaa | 12_months_entry_42_day_exit | 10.187 | 1.915 | 5710 | 3266 | 2444 | 57.198 | 8.268 | -7.082 | 1.698 | 1.186 |
| bbbbbaaaaaaa | 12_months_entry_63_day_exit | 10.165 | 3.080 | 29994 | 17597 | 12397 | 58.668 | 10.864 | -9.273 | 2.541 | 1.591 |
| aaaaaaaaaaaa | 12_months_entry_42_day_exit | 10.068 | 2.083 | 110733 | 64003 | 46730 | 57.799 | 8.051 | -7.051 | 1.678 | 1.000 |
| bbbaaaaaaaaa | 12_months_entry_63_day_exit | 10.062 | 2.982 | 43009 | 25182 | 17827 | 58.551 | 10.636 | -8.955 | 2.515 | 1.681 |
| bbbbbbaaaaaa | 12_months_entry_63_day_exit | 10.043 | 3.048 | 26038 | 15217 | 10821 | 58.442 | 10.953 | -9.362 | 2.511 | 1.592 |
| bbaaaaaaaaaa | 12_months_entry_63_day_exit | 10.039 | 2.975 | 58175 | 34123 | 24052 | 58.656 | 10.609 | -8.981 | 2.510 | 1.628 |
| aaabbbbbbbba | 12_months_entry_21_day_exit | 10.038 | 1.196 | 1903 | 1078 | 825 | 56.647 | 5.505 | -5.263 | 0.837 | 0.242 |
| aaabbbaaaaaa | 12_months_entry_42_day_exit | 9.994 | 2.339 | 3507 | 2054 | 1453 | 58.569 | 8.008 | -7.299 | 1.666 | 0.708 |
| baabaaaaaaaa | 12_months_entry_63_day_exit | 9.993 | 2.996 | 1667 | 981 | 686 | 58.848 | 11.029 | -9.701 | 2.498 | 1.328 |
| babbaaaaaaaa | 12_months_entry_42_day_exit | 9.954 | 1.904 | 2554 | 1442 | 1112 | 56.460 | 8.436 | -7.130 | 1.659 | 1.307 |
| babaaaaaaaaa | 12_months_entry_42_day_exit | 9.924 | 1.877 | 3533 | 1997 | 1536 | 56.524 | 8.686 | -7.488 | 1.654 | 1.197 |
| aaaabbbaaaaa | 12_months_entry_42_day_exit | 9.901 | 2.544 | 2378 | 1428 | 950 | 60.050 | 7.700 | -7.443 | 1.650 | 0.257 |
| bbbbbabbbbbb | 12_months_entry_63_day_exit | 9.894 | 3.984 | 1925 | 1141 | 784 | 59.273 | 13.864 | -14.103 | 2.474 | -0.239 |
| abbbbbbbbbba | 12_months_entry_42_day_exit | 9.882 | 2.080 | 4468 | 2550 | 1918 | 57.073 | 8.348 | -7.261 | 1.647 | 1.086 |
| babbbbbaaaaa | 12_months_entry_63_day_exit | 9.870 | 3.500 | 1357 | 828 | 529 | 61.017 | 10.472 | -10.062 | 2.467 | 0.411 |
| aaaaaaaaaaaa | 12_months_entry_21_day_exit | 9.868 | 1.095 | 110733 | 61962 | 48771 | 55.956 | 5.351 | -4.931 | 0.822 | 0.420 |
| bbabaaaaaaaa | 12_months_entry_63_day_exit | 9.859 | 2.533 | 1257 | 719 | 538 | 57.200 | 12.000 | -10.278 | 2.465 | 1.722 |
| babbaaaaaaaa | 12_months_entry_63_day_exit | 9.828 | 3.008 | 2554 | 1495 | 1059 | 58.536 | 10.834 | -9.368 | 2.457 | 1.465 |
| baaaaaaaabbb | 12_months_entry_63_day_exit | 9.807 | 3.283 | 3607 | 2042 | 1565 | 56.612 | 14.254 | -12.948 | 2.452 | 1.306 |
| abbbbbbbaaaa | 12_months_entry_63_day_exit | 9.806 | 2.692 | 5710 | 3303 | 2407 | 57.846 | 10.560 | -8.675 | 2.452 | 1.885 |
| bbbbbbbbbbbb | 12_months_entry_42_day_exit | 9.790 | 2.213 | 74030 | 41457 | 32573 | 56.000 | 10.899 | -10.163 | 1.632 | 0.736 |
| bbbaaaaaaaab | 12_months_entry_42_day_exit | 9.785 | 2.250 | 1457 | 811 | 646 | 55.662 | 11.090 | -10.245 | 1.631 | 0.845 |
| abaaaaaaaaaa | 12_months_entry_63_day_exit | 9.784 | 2.889 | 22892 | 13429 | 9463 | 58.662 | 10.291 | -8.687 | 2.446 | 1.604 |
| baaaaaaaaaab | 12_months_entry_21_day_exit | 9.771 | 1.178 | 3157 | 1726 | 1431 | 54.672 | 7.108 | -6.777 | 0.814 | 0.331 |
| aabbbaaaaaaa | 12_months_entry_63_day_exit | 9.749 | 2.749 | 5606 | 3270 | 2336 | 58.330 | 10.392 | -8.698 | 2.437 | 1.694 |
| aaaaaaaaaaaa | 12_months_entry_63_day_exit | 9.749 | 3.030 | 110733 | 65397 | 45336 | 59.058 | 10.208 | -8.772 | 2.437 | 1.436 |
| aaabbaaaaaaa | 12_months_entry_63_day_exit | 9.727 | 3.197 | 4008 | 2367 | 1641 | 59.057 | 10.267 | -8.871 | 2.432 | 1.397 |
| abbbbbbbbbbb | 12_months_entry_63_day_exit | 9.681 | 3.260 | 62775 | 35920 | 26855 | 57.220 | 13.531 | -12.442 | 2.420 | 1.090 |
| babbbaaaaaaa | 12_months_entry_63_day_exit | 9.679 | 2.749 | 1934 | 1132 | 802 | 58.532 | 10.767 | -9.363 | 2.420 | 1.405 |
| bbaaaaaabbbb | 12_months_entry_42_day_exit | 9.658 | 1.721 | 2541 | 1383 | 1158 | 54.427 | 11.987 | -10.784 | 1.610 | 1.203 |
| aaaabbbbbaaa | 12_months_entry_63_day_exit | 9.609 | 3.026 | 1848 | 1080 | 768 | 58.442 | 10.409 | -8.858 | 2.402 | 1.552 |
| bbbaaaaaaabb | 12_months_entry_42_day_exit | 9.601 | 2.541 | 1542 | 878 | 664 | 56.939 | 11.330 | -11.265 | 1.600 | 0.064 |
| aaaabbbaaaaa | 12_months_entry_63_day_exit | 9.583 | 3.274 | 2378 | 1405 | 973 | 59.083 | 10.346 | -9.085 | 2.396 | 1.261 |
| aabbbbbbbbbb | 12_months_entry_42_day_exit | 9.567 | 2.115 | 38417 | 21435 | 16982 | 55.796 | 10.567 | -9.730 | 1.595 | 0.836 |
| bbbaaabbbbbb | 12_months_entry_63_day_exit | 9.556 | 3.239 | 2529 | 1444 | 1085 | 57.098 | 13.787 | -12.780 | 2.389 | 1.007 |
| aaaaaaaaaaab | 12_months_entry_42_day_exit | 9.556 | 2.020 | 12826 | 7189 | 5637 | 56.050 | 9.919 | -9.026 | 1.593 | 0.893 |
| bbbbbbaaaaaa | 12_months_entry_42_day_exit | 9.552 | 1.992 | 26038 | 14794 | 11244 | 56.817 | 8.620 | -7.655 | 1.592 | 0.965 |
| aaaabbbbbbaa | 12_months_entry_63_day_exit | 9.545 | 2.710 | 1660 | 959 | 701 | 57.771 | 10.344 | -8.501 | 2.386 | 1.843 |
| aaabaaaaaaaa | 12_months_entry_63_day_exit | 9.520 | 2.847 | 4840 | 2806 | 2034 | 57.975 | 10.400 | -8.683 | 2.380 | 1.716 |
| bbbbbbbbbbbb | 12_months_entry_21_day_exit | 9.494 | 1.130 | 74030 | 40258 | 33772 | 54.381 | 7.555 | -7.272 | 0.791 | 0.283 |
| abbbbbbbbbba | 12_months_entry_21_day_exit | 9.494 | 1.315 | 4468 | 2517 | 1951 | 56.334 | 5.523 | -5.314 | 0.791 | 0.210 |
| abbbaaaaaaaa | 12_months_entry_63_day_exit | 9.482 | 3.006 | 11624 | 6841 | 4783 | 58.852 | 10.263 | -8.918 | 2.370 | 1.345 |
| aaabbbbbbbaa | 12_months_entry_63_day_exit | 9.465 | 2.996 | 2097 | 1235 | 862 | 58.894 | 10.437 | -9.197 | 2.366 | 1.240 |
| abbbbbbbbbba | 12_months_entry_63_day_exit | 9.460 | 3.046 | 4468 | 2598 | 1870 | 58.147 | 10.338 | -8.711 | 2.365 | 1.626 |
| abbbaaaaaaaa | 12_months_entry_42_day_exit | 9.451 | 1.827 | 11624 | 6555 | 5069 | 56.392 | 8.236 | -7.038 | 1.575 | 1.198 |
| baaaabbbbbbb | 12_months_entry_42_day_exit | 9.425 | 2.206 | 6260 | 3509 | 2751 | 56.054 | 10.686 | -10.056 | 1.571 | 0.630 |
| bbbaaaabbbbb | 12_months_entry_63_day_exit | 9.418 | 3.415 | 2131 | 1215 | 916 | 57.015 | 14.043 | -13.149 | 2.355 | 0.894 |
| aaaaaaaaabbb | 12_months_entry_63_day_exit | 9.416 | 3.295 | 14285 | 8217 | 6068 | 57.522 | 12.902 | -11.929 | 2.354 | 0.972 |
| aaabbbbbaaaa | 12_months_entry_42_day_exit | 9.381 | 2.057 | 2565 | 1468 | 1097 | 57.232 | 8.098 | -7.181 | 1.563 | 0.917 |
| abbbaaaaaaaa | 12_months_entry_21_day_exit | 9.310 | 1.033 | 11624 | 6431 | 5193 | 55.325 | 5.492 | -5.065 | 0.776 | 0.427 |
| abbaaaaaaaaa | 12_months_entry_42_day_exit | 9.251 | 1.864 | 15316 | 8714 | 6602 | 56.895 | 8.156 | -7.188 | 1.542 | 0.968 |
| baaaaaaaabbb | 12_months_entry_42_day_exit | 9.229 | 1.573 | 3607 | 1957 | 1650 | 54.256 | 11.316 | -10.059 | 1.538 | 1.257 |
| baaabbbbbbbb | 12_months_entry_63_day_exit | 9.213 | 2.944 | 7654 | 4299 | 3355 | 56.167 | 13.748 | -12.362 | 2.303 | 1.386 |
| aaaabbbbbbba | 12_months_entry_42_day_exit | 9.189 | 1.889 | 1527 | 876 | 651 | 57.367 | 7.627 | -6.671 | 1.532 | 0.956 |
| bbaaaaaaaaab | 12_months_entry_63_day_exit | 9.166 | 2.780 | 1845 | 1026 | 819 | 55.610 | 15.124 | -13.784 | 2.292 | 1.340 |
| abbbbbbbbbaa | 12_months_entry_42_day_exit | 9.165 | 2.283 | 4850 | 2825 | 2025 | 58.247 | 8.025 | -7.538 | 1.527 | 0.488 |
| aaaaaaaabbbb | 12_months_entry_63_day_exit | 9.161 | 3.006 | 15178 | 8632 | 6546 | 56.872 | 12.881 | -11.676 | 2.290 | 1.206 |
| baaaabbbbbbb | 12_months_entry_63_day_exit | 9.132 | 3.001 | 6260 | 3510 | 2750 | 56.070 | 13.231 | -11.691 | 2.283 | 1.540 |
| abbbbbbbbbaa | 12_months_entry_63_day_exit | 9.128 | 2.915 | 4850 | 2855 | 1995 | 58.866 | 10.131 | -8.950 | 2.282 | 1.181 |
| abbbbbbbbaaa | 12_months_entry_63_day_exit | 9.073 | 3.041 | 5136 | 3017 | 2119 | 58.742 | 10.254 | -9.102 | 2.268 | 1.152 |
| ababbbbbbbbb | 12_months_entry_42_day_exit | 9.064 | 1.917 | 2597 | 1441 | 1156 | 55.487 | 10.686 | -9.926 | 1.511 | 0.760 |
| aabbbbbbbbbb | 12_months_entry_63_day_exit | 9.056 | 3.188 | 38417 | 21843 | 16574 | 56.858 | 13.219 | -12.173 | 2.264 | 1.045 |
| aabbbbbbbbaa | 12_months_entry_63_day_exit | 9.022 | 2.984 | 2798 | 1613 | 1185 | 57.648 | 10.401 | -8.832 | 2.256 | 1.569 |
| baaaaabbbbbb | 12_months_entry_63_day_exit | 8.973 | 2.810 | 5303 | 2992 | 2311 | 56.421 | 13.807 | -12.727 | 2.243 | 1.079 |
| abbbbaaaaaaa | 12_months_entry_21_day_exit | 8.967 | 1.058 | 9293 | 5174 | 4119 | 55.676 | 5.498 | -5.220 | 0.747 | 0.278 |
| abbaaaaaaaaa | 12_months_entry_63_day_exit | 8.925 | 2.719 | 15316 | 8942 | 6374 | 58.383 | 10.099 | -8.806 | 2.231 | 1.293 |
| babbbbbaaaaa | 12_months_entry_21_day_exit | 8.897 | 0.786 | 1357 | 726 | 631 | 53.500 | 6.103 | -5.428 | 0.741 | 0.676 |
| aabaaaaaaaaa | 12_months_entry_63_day_exit | 8.867 | 2.722 | 9307 | 5374 | 3933 | 57.741 | 10.300 | -8.827 | 2.217 | 1.472 |
| aabbbbbbbaaa | 12_months_entry_42_day_exit | 8.794 | 1.736 | 3109 | 1752 | 1357 | 56.353 | 8.004 | -6.976 | 1.466 | 1.028 |
| aabbbbbbbaaa | 12_months_entry_21_day_exit | 8.781 | 1.106 | 3109 | 1705 | 1404 | 54.841 | 5.772 | -5.389 | 0.732 | 0.383 |
| abbbbbaaaaaa | 12_months_entry_21_day_exit | 8.748 | 0.873 | 7902 | 4322 | 3580 | 54.695 | 5.590 | -5.140 | 0.729 | 0.451 |
| bbbbabbbbbbb | 12_months_entry_63_day_exit | 8.729 | 2.903 | 2516 | 1410 | 1106 | 56.041 | 14.434 | -13.437 | 2.182 | 0.997 |
| abbbbbbbbbaa | 12_months_entry_21_day_exit | 8.693 | 1.203 | 4850 | 2713 | 2137 | 55.938 | 5.451 | -5.277 | 0.724 | 0.175 |
| aabbbbbaaaaa | 12_months_entry_42_day_exit | 8.693 | 1.955 | 3843 | 2188 | 1655 | 56.935 | 7.934 | -7.125 | 1.449 | 0.809 |
| aaaaaaaaaabb | 12_months_entry_21_day_exit | 8.680 | 1.081 | 13377 | 7273 | 6104 | 54.369 | 6.831 | -6.555 | 0.723 | 0.277 |
| aabbbbbbbbba | 12_months_entry_63_day_exit | 8.631 | 2.514 | 2651 | 1529 | 1122 | 57.676 | 10.520 | -9.238 | 2.158 | 1.282 |
| aaabbbbbbaaa | 12_months_entry_63_day_exit | 8.585 | 2.788 | 2375 | 1399 | 976 | 58.905 | 9.621 | -8.568 | 2.146 | 1.053 |
| abbaaaaaaaaa | 12_months_entry_21_day_exit | 8.551 | 0.980 | 15316 | 8401 | 6915 | 54.851 | 5.467 | -5.064 | 0.713 | 0.403 |
| aaaaaabbaaaa | 12_months_entry_42_day_exit | 8.482 | 1.636 | 1483 | 837 | 646 | 56.440 | 7.763 | -6.813 | 1.414 | 0.950 |
| aabbbbbbaaaa | 12_months_entry_42_day_exit | 8.479 | 1.807 | 3529 | 2019 | 1510 | 57.212 | 8.141 | -7.582 | 1.413 | 0.559 |
| aaabbaaaaaaa | 12_months_entry_42_day_exit | 8.470 | 1.993 | 4008 | 2292 | 1716 | 57.186 | 7.944 | -7.313 | 1.412 | 0.631 |
| aaabaaaaaaaa | 12_months_entry_42_day_exit | 8.467 | 1.808 | 4840 | 2714 | 2126 | 56.074 | 7.999 | -6.998 | 1.411 | 1.000 |
| baaaabbbbbbb | 12_months_entry_21_day_exit | 8.442 | 1.056 | 6260 | 3387 | 2873 | 54.105 | 6.962 | -6.674 | 0.703 | 0.287 |
| aaaaaaaaaabb | 12_months_entry_42_day_exit | 8.424 | 1.938 | 13377 | 7423 | 5954 | 55.491 | 10.104 | -9.442 | 1.404 | 0.662 |
| abbbbbbaaaaa | 12_months_entry_63_day_exit | 8.396 | 2.903 | 6573 | 3838 | 2735 | 58.390 | 9.956 | -8.926 | 2.099 | 1.030 |
| babbbbaaaaaa | 12_months_entry_42_day_exit | 8.394 | 1.704 | 1621 | 908 | 713 | 56.015 | 8.530 | -7.683 | 1.399 | 0.848 |
| baaaaaaabbbb | 12_months_entry_42_day_exit | 8.392 | 1.763 | 4030 | 2203 | 1827 | 54.665 | 11.187 | -10.404 | 1.399 | 0.783 |
| aaaaaabbbaaa | 12_months_entry_42_day_exit | 8.366 | 1.681 | 1439 | 808 | 631 | 56.150 | 7.863 | -6.890 | 1.394 | 0.974 |
| aaaaabbaaaaa | 12_months_entry_63_day_exit | 8.314 | 2.594 | 1998 | 1149 | 849 | 57.508 | 10.256 | -8.989 | 2.078 | 1.267 |
| abbbbbaaaaaa | 12_months_entry_63_day_exit | 8.305 | 2.697 | 7902 | 4557 | 3345 | 57.669 | 10.138 | -8.906 | 2.076 | 1.232 |
| aaaaaaaaaaab | 12_months_entry_21_day_exit | 8.289 | 1.006 | 12826 | 6989 | 5837 | 54.491 | 6.667 | -6.465 | 0.691 | 0.202 |
| aaaaabbbaaaa | 12_months_entry_42_day_exit | 8.239 | 1.273 | 1765 | 961 | 804 | 54.448 | 7.955 | -6.494 | 1.373 | 1.461 |
| aabbaaaaaaaa | 12_months_entry_63_day_exit | 8.207 | 2.644 | 7013 | 4067 | 2946 | 57.992 | 10.114 | -9.078 | 2.052 | 1.036 |
| abbbbaaaaaaa | 12_months_entry_42_day_exit | 8.188 | 1.689 | 9293 | 5188 | 4105 | 55.827 | 8.267 | -7.358 | 1.365 | 0.909 |
| bbaaaabbbbbb | 12_months_entry_63_day_exit | 8.172 | 3.243 | 3236 | 1845 | 1391 | 57.015 | 13.208 | -12.766 | 2.043 | 0.442 |
| bbaaaaabbbbb | 12_months_entry_63_day_exit | 8.133 | 3.417 | 2844 | 1618 | 1226 | 56.892 | 13.753 | -13.433 | 2.033 | 0.319 |
| abbbbbbaaaaa | 12_months_entry_42_day_exit | 8.132 | 1.684 | 6573 | 3667 | 2906 | 55.789 | 8.159 | -7.230 | 1.355 | 0.929 |
| aaaabbbbbbba | 12_months_entry_63_day_exit | 8.057 | 2.764 | 1527 | 878 | 649 | 57.498 | 10.348 | -9.260 | 2.014 | 1.088 |
| bbaaaaaaaaab | 12_months_entry_21_day_exit | 8.048 | 0.559 | 1845 | 970 | 875 | 52.575 | 7.525 | -6.928 | 0.671 | 0.597 |
| bbbaabbbbbbb | 12_months_entry_42_day_exit | 8.047 | 1.377 | 3167 | 1688 | 1479 | 53.300 | 11.154 | -9.858 | 1.341 | 1.296 |
| aaaabbbbaaaa | 12_months_entry_21_day_exit | 7.970 | 0.935 | 2076 | 1147 | 929 | 55.250 | 5.260 | -5.011 | 0.664 | 0.250 |
| aaabbbbbbaaa | 12_months_entry_42_day_exit | 7.962 | 1.901 | 2375 | 1362 | 1013 | 57.347 | 7.369 | -6.797 | 1.327 | 0.573 |
| bbaabbbbbbbb | 12_months_entry_21_day_exit | 7.936 | 1.279 | 5087 | 2787 | 2300 | 54.787 | 7.118 | -7.162 | 0.661 | -0.044 |
| aaabbbbaaaaa | 12_months_entry_21_day_exit | 7.902 | 1.002 | 2933 | 1616 | 1317 | 55.097 | 5.442 | -5.211 | 0.658 | 0.231 |
| aaabbbbbbbaa | 12_months_entry_21_day_exit | 7.901 | 1.130 | 2097 | 1151 | 946 | 54.888 | 5.690 | -5.463 | 0.658 | 0.227 |
| abbbbbbbaaaa | 12_months_entry_21_day_exit | 7.856 | 0.987 | 5710 | 3162 | 2548 | 55.377 | 5.550 | -5.420 | 0.655 | 0.130 |
| bbbaaabbbbbb | 12_months_entry_42_day_exit | 7.797 | 1.202 | 2529 | 1340 | 1189 | 52.985 | 11.480 | -10.174 | 1.300 | 1.306 |
| abbbbaaaaaaa | 12_months_entry_63_day_exit | 7.792 | 2.705 | 9293 | 5400 | 3893 | 58.108 | 9.861 | -9.028 | 1.948 | 0.833 |
| aaaaaaaaabbb | 12_months_entry_21_day_exit | 7.789 | 1.149 | 14285 | 7827 | 6458 | 54.792 | 6.648 | -6.621 | 0.649 | 0.027 |
| aaaaaaaabbbb | 12_months_entry_21_day_exit | 7.755 | 1.015 | 15178 | 8247 | 6931 | 54.335 | 6.726 | -6.587 | 0.646 | 0.138 |
| aaaabbbbaaaa | 12_months_entry_42_day_exit | 7.703 | 2.207 | 2076 | 1199 | 877 | 57.755 | 7.402 | -7.081 | 1.284 | 0.321 |
| aabbbbbbbbaa | 12_months_entry_21_day_exit | 7.682 | 1.184 | 2798 | 1572 | 1226 | 56.183 | 5.543 | -5.647 | 0.640 | -0.104 |
| babbaaaaaaaa | 12_months_entry_21_day_exit | 7.679 | 0.837 | 2554 | 1388 | 1166 | 54.346 | 5.808 | -5.512 | 0.640 | 0.296 |
| baaaaaabbbbb | 12_months_entry_42_day_exit | 7.676 | 1.754 | 4471 | 2443 | 2028 | 54.641 | 10.797 | -10.186 | 1.279 | 0.611 |
| aaaabbaaaaaa | 12_months_entry_21_day_exit | 7.627 | 1.197 | 2824 | 1585 | 1239 | 56.126 | 5.287 | -5.315 | 0.636 | -0.028 |
| bbbaaaaabbbb | 12_months_entry_21_day_exit | 7.599 | 0.724 | 1873 | 980 | 893 | 52.322 | 7.764 | -7.192 | 0.633 | 0.572 |
| aaaaaabbbaaa | 12_months_entry_63_day_exit | 7.597 | 2.770 | 1439 | 842 | 597 | 58.513 | 9.413 | -8.698 | 1.899 | 0.715 |
| aaaabbbbaaaa | 12_months_entry_63_day_exit | 7.577 | 2.846 | 2076 | 1218 | 858 | 58.671 | 9.745 | -9.251 | 1.894 | 0.495 |
| abbbbbbbbaaa | 12_months_entry_42_day_exit | 7.569 | 1.924 | 5136 | 2918 | 2218 | 56.815 | 7.969 | -7.563 | 1.261 | 0.406 |
| abbbbbaaaaaa | 12_months_entry_42_day_exit | 7.567 | 1.540 | 7902 | 4357 | 3545 | 55.138 | 8.353 | -7.455 | 1.261 | 0.898 |
| bbbaaaabbbbb | 12_months_entry_42_day_exit | 7.564 | 1.749 | 2131 | 1164 | 967 | 54.622 | 11.068 | -10.544 | 1.261 | 0.523 |
| bbabbbbbbbbb | 12_months_entry_63_day_exit | 7.560 | 2.537 | 6279 | 3494 | 2785 | 55.646 | 13.257 | -12.371 | 1.890 | 0.886 |
| aaaabbbbbaaa | 12_months_entry_42_day_exit | 7.553 | 2.312 | 1848 | 1075 | 773 | 58.171 | 7.238 | -7.057 | 1.259 | 0.181 |
| aabaaaaaaaaa | 12_months_entry_42_day_exit | 7.539 | 1.548 | 9307 | 5177 | 4130 | 55.625 | 8.046 | -7.254 | 1.256 | 0.792 |
| aaabbbbbbaaa | 12_months_entry_21_day_exit | 7.494 | 0.937 | 2375 | 1305 | 1070 | 54.947 | 5.460 | -5.273 | 0.624 | 0.187 |
| aaaaaaabbbbb | 12_months_entry_63_day_exit | 7.454 | 2.548 | 16481 | 9224 | 7257 | 55.967 | 12.742 | -11.963 | 1.864 | 0.779 |
| aaabbbbbbbbb | 12_months_entry_21_day_exit | 7.411 | 0.919 | 29240 | 15748 | 13492 | 53.858 | 7.147 | -7.003 | 0.618 | 0.143 |
| aaaaaaaaabbb | 12_months_entry_42_day_exit | 7.400 | 1.873 | 14285 | 7895 | 6390 | 55.268 | 9.938 | -9.521 | 1.233 | 0.417 |
| aaaaaaaabbbb | 12_months_entry_42_day_exit | 7.374 | 1.938 | 15178 | 8417 | 6761 | 55.455 | 9.807 | -9.449 | 1.229 | 0.357 |
| babbbbaaaaaa | 12_months_entry_21_day_exit | 7.369 | 0.840 | 1621 | 881 | 740 | 54.349 | 5.934 | -5.719 | 0.614 | 0.215 |
| babbbaaaaaaa | 12_months_entry_42_day_exit | 7.361 | 2.005 | 1934 | 1090 | 844 | 56.360 | 8.558 | -8.241 | 1.227 | 0.317 |
| baabbbbbbbbb | 12_months_entry_63_day_exit | 7.358 | 2.583 | 9762 | 5421 | 4341 | 55.532 | 13.483 | -12.701 | 1.840 | 0.782 |
| aaaaabbaaaaa | 12_months_entry_21_day_exit | 7.319 | 1.205 | 1998 | 1126 | 872 | 56.356 | 4.965 | -5.013 | 0.610 | -0.049 |
| aaaaabbbbbba | 12_months_entry_63_day_exit | 7.304 | 3.274 | 1328 | 786 | 542 | 59.187 | 9.838 | -9.793 | 1.826 | 0.045 |
| aaaaaabbbbaa | 12_months_entry_63_day_exit | 7.280 | 2.568 | 1347 | 779 | 568 | 57.832 | 10.510 | -10.098 | 1.820 | 0.412 |
| aabbbbaaaaaa | 12_months_entry_42_day_exit | 7.231 | 1.596 | 4684 | 2606 | 2078 | 55.636 | 7.956 | -7.261 | 1.205 | 0.695 |
| aaabbbbbbbbb | 12_months_entry_63_day_exit | 7.230 | 2.782 | 29240 | 16396 | 12844 | 56.074 | 12.775 | -12.193 | 1.808 | 0.582 |
| aaaaabbbbbba | 12_months_entry_21_day_exit | 7.225 | 0.959 | 1328 | 736 | 592 | 55.422 | 5.037 | -4.912 | 0.602 | 0.125 |
| bbaaaabbbbbb | 12_months_entry_42_day_exit | 7.221 | 1.354 | 3236 | 1726 | 1510 | 53.337 | 11.046 | -10.046 | 1.204 | 0.999 |
| ababbbbbbbbb | 12_months_entry_63_day_exit | 7.202 | 2.913 | 2597 | 1450 | 1147 | 55.834 | 12.390 | -11.587 | 1.801 | 0.804 |
| aaaaabbbaaaa | 12_months_entry_63_day_exit | 7.094 | 2.340 | 1765 | 1014 | 751 | 57.450 | 9.760 | -9.011 | 1.774 | 0.750 |
| aaaaaaabbbbb | 12_months_entry_21_day_exit | 7.050 | 0.901 | 16481 | 8881 | 7600 | 53.886 | 6.753 | -6.617 | 0.587 | 0.136 |
| aaaaabbbaaaa | 12_months_entry_21_day_exit | 7.043 | 0.832 | 1765 | 959 | 806 | 54.334 | 5.199 | -4.901 | 0.587 | 0.298 |
| bbbbaabbbbbb | 12_months_entry_21_day_exit | 6.997 | 0.636 | 2156 | 1123 | 1033 | 52.087 | 7.772 | -7.232 | 0.583 | 0.540 |
| bbaaaaaaaaab | 12_months_entry_42_day_exit | 6.859 | 2.053 | 1845 | 999 | 846 | 54.146 | 11.357 | -10.918 | 1.143 | 0.439 |
| aaaaabbbbbaa | 12_months_entry_42_day_exit | 6.838 | 1.613 | 1510 | 856 | 654 | 56.689 | 7.525 | -7.218 | 1.140 | 0.307 |
| aaaaaabbaaaa | 12_months_entry_63_day_exit | 6.824 | 2.392 | 1483 | 844 | 639 | 56.912 | 9.853 | -9.054 | 1.706 | 0.799 |
| bbabbbbbbbbb | 12_months_entry_42_day_exit | 6.817 | 1.427 | 6279 | 3382 | 2897 | 53.862 | 10.807 | -10.153 | 1.136 | 0.653 |
| aabbbbbbbbba | 12_months_entry_42_day_exit | 6.813 | 1.600 | 2651 | 1489 | 1162 | 56.167 | 7.945 | -7.591 | 1.136 | 0.355 |
| bbbbbbabbbbb | 12_months_entry_21_day_exit | 6.806 | 0.589 | 1399 | 729 | 670 | 52.109 | 6.991 | -6.423 | 0.567 | 0.569 |
| aaaaabbbbaaa | 12_months_entry_63_day_exit | 6.798 | 2.658 | 1640 | 941 | 699 | 57.378 | 9.506 | -8.810 | 1.699 | 0.696 |
| aabbaaaaaaaa | 12_months_entry_21_day_exit | 6.698 | 0.795 | 7013 | 3783 | 3230 | 53.943 | 5.640 | -5.394 | 0.558 | 0.246 |
| aabbbbbbbbaa | 12_months_entry_42_day_exit | 6.695 | 1.539 | 2798 | 1576 | 1222 | 56.326 | 7.823 | -7.534 | 1.116 | 0.289 |
| aaaaaabbbbbb | 12_months_entry_63_day_exit | 6.649 | 2.428 | 18325 | 10206 | 8119 | 55.694 | 12.466 | -11.919 | 1.662 | 0.547 |
| aaaaabbbbbaa | 12_months_entry_63_day_exit | 6.646 | 2.557 | 1510 | 873 | 637 | 57.815 | 9.669 | -9.313 | 1.662 | 0.356 |
| aabbbaaaaaaa | 12_months_entry_42_day_exit | 6.640 | 1.339 | 5606 | 3057 | 2549 | 54.531 | 8.062 | -7.235 | 1.107 | 0.827 |
| baaaaabbbbbb | 12_months_entry_42_day_exit | 6.638 | 1.405 | 5303 | 2878 | 2425 | 54.271 | 10.636 | -10.204 | 1.106 | 0.432 |
| aabbaaaaaaaa | 12_months_entry_42_day_exit | 6.609 | 1.268 | 7013 | 3829 | 3184 | 54.599 | 8.102 | -7.317 | 1.102 | 0.785 |
| aaaaabbbbbba | 12_months_entry_42_day_exit | 6.589 | 1.617 | 1328 | 747 | 581 | 56.250 | 7.459 | -7.079 | 1.098 | 0.379 |
| abbbbbbaaaaa | 12_months_entry_21_day_exit | 6.526 | 0.872 | 6573 | 3609 | 2964 | 54.906 | 5.456 | -5.438 | 0.544 | 0.019 |
| abaabbbbbbbb | 12_months_entry_21_day_exit | 6.514 | 1.186 | 1881 | 1029 | 852 | 54.705 | 6.870 | -7.099 | 0.543 | -0.229 |
| aaaaabbbbaaa | 12_months_entry_21_day_exit | 6.442 | 0.733 | 1640 | 879 | 761 | 53.598 | 5.198 | -4.848 | 0.537 | 0.351 |
| aaaabaaaaaaa | 12_months_entry_21_day_exit | 6.413 | 0.811 | 3080 | 1677 | 1403 | 54.448 | 5.467 | -5.361 | 0.534 | 0.105 |
| aaaaaaabbbbb | 12_months_entry_42_day_exit | 6.362 | 1.634 | 16481 | 8973 | 7508 | 54.445 | 9.973 | -9.591 | 1.060 | 0.382 |
| aaabbbbbbbbb | 12_months_entry_42_day_exit | 6.343 | 1.541 | 29240 | 15928 | 13312 | 54.473 | 10.144 | -9.816 | 1.057 | 0.329 |
| baaaaabbbbbb | 12_months_entry_21_day_exit | 6.342 | 0.728 | 5303 | 2798 | 2505 | 52.763 | 7.021 | -6.724 | 0.529 | 0.298 |
| aaaabbbbbbaa | 12_months_entry_21_day_exit | 6.341 | 1.303 | 1660 | 945 | 715 | 56.928 | 5.282 | -5.755 | 0.528 | -0.472 |
| aaaaaabbbbaa | 12_months_entry_42_day_exit | 6.341 | 1.450 | 1347 | 748 | 599 | 55.531 | 7.620 | -7.140 | 1.057 | 0.481 |
| baaabbbbbbbb | 12_months_entry_21_day_exit | 6.331 | 0.874 | 7654 | 4095 | 3559 | 53.501 | 6.859 | -6.758 | 0.528 | 0.102 |
| aaaaabbbbbaa | 12_months_entry_21_day_exit | 6.308 | 0.951 | 1510 | 849 | 661 | 56.225 | 4.712 | -4.851 | 0.526 | -0.139 |
| bbbbbabbbbbb | 12_months_entry_21_day_exit | 6.278 | 0.963 | 1925 | 1052 | 873 | 54.649 | 6.893 | -7.152 | 0.523 | -0.260 |
| aaaaaabbaaaa | 12_months_entry_21_day_exit | 6.233 | 0.831 | 1483 | 815 | 668 | 54.956 | 5.258 | -5.262 | 0.519 | -0.004 |
| aabbbbbbbbba | 12_months_entry_21_day_exit | 6.227 | 1.053 | 2651 | 1443 | 1208 | 54.432 | 5.660 | -5.622 | 0.519 | 0.038 |
| abbbbbbbbaaa | 12_months_entry_21_day_exit | 6.139 | 0.838 | 5136 | 2773 | 2363 | 53.991 | 5.335 | -5.149 | 0.512 | 0.186 |
| aaabaaaaaaaa | 12_months_entry_21_day_exit | 6.130 | 0.851 | 4840 | 2620 | 2220 | 54.132 | 5.445 | -5.313 | 0.511 | 0.133 |
| aabaaaaaaaaa | 12_months_entry_21_day_exit | 6.103 | 0.734 | 9307 | 4980 | 4327 | 53.508 | 5.527 | -5.268 | 0.509 | 0.260 |
| bbaaaaaaabbb | 12_months_entry_21_day_exit | 6.058 | 0.834 | 2230 | 1193 | 1037 | 53.498 | 7.507 | -7.551 | 0.505 | -0.044 |
| aaaabbbbbbbb | 12_months_entry_63_day_exit | 6.030 | 2.191 | 24064 | 13208 | 10856 | 54.887 | 12.502 | -11.869 | 1.507 | 0.633 |
| baabaaaaaaaa | 12_months_entry_21_day_exit | 5.998 | 1.027 | 1667 | 923 | 744 | 55.369 | 5.516 | -5.724 | 0.500 | -0.207 |
| aaabbbaaaaaa | 12_months_entry_21_day_exit | 5.989 | 0.849 | 3507 | 1910 | 1597 | 54.463 | 5.461 | -5.435 | 0.499 | 0.026 |
| bbaaaaabbbbb | 12_months_entry_42_day_exit | 5.982 | 1.658 | 2844 | 1544 | 1300 | 54.290 | 10.983 | -10.863 | 0.997 | 0.120 |
| aaaabbbbbbaa | 12_months_entry_42_day_exit | 5.973 | 1.995 | 1660 | 959 | 701 | 57.771 | 7.386 | -7.747 | 0.996 | -0.361 |
| aaaaabbbbbbb | 12_months_entry_63_day_exit | 5.919 | 2.197 | 20640 | 11316 | 9324 | 54.826 | 12.509 | -11.905 | 1.480 | 0.604 |
| aabbbbbbaaaa | 12_months_entry_21_day_exit | 5.756 | 0.705 | 3529 | 1908 | 1621 | 54.066 | 5.371 | -5.278 | 0.480 | 0.093 |
| bbbaaabbbbbb | 12_months_entry_21_day_exit | 5.661 | 0.196 | 2529 | 1282 | 1247 | 50.692 | 7.801 | -7.063 | 0.472 | 0.738 |
| abbaabbbbbbb | 12_months_entry_42_day_exit | 5.590 | 1.147 | 1215 | 653 | 562 | 53.745 | 10.067 | -9.683 | 0.932 | 0.384 |
| aaaaaabaaaaa | 12_months_entry_21_day_exit | 5.556 | 0.724 | 1660 | 889 | 771 | 53.554 | 5.391 | -5.219 | 0.463 | 0.172 |
| abbaabbbbbbb | 12_months_entry_21_day_exit | 5.535 | 0.954 | 1215 | 650 | 565 | 53.498 | 7.160 | -7.245 | 0.461 | -0.085 |
| baaaaaaabbbb | 12_months_entry_21_day_exit | 5.404 | 0.696 | 4030 | 2133 | 1897 | 52.928 | 7.042 | -6.962 | 0.450 | 0.081 |
| aaabbbbbaaaa | 12_months_entry_21_day_exit | 5.289 | 0.761 | 2565 | 1369 | 1196 | 53.372 | 5.389 | -5.224 | 0.441 | 0.166 |
| aaaaaabbbbbb | 12_months_entry_42_day_exit | 5.217 | 1.467 | 18325 | 9936 | 8389 | 54.221 | 9.780 | -9.684 | 0.870 | 0.096 |
| aaaaabbbbbbb | 12_months_entry_42_day_exit | 5.216 | 1.307 | 20640 | 11109 | 9531 | 53.823 | 9.768 | -9.502 | 0.869 | 0.265 |
| aaaaaabbbbbb | 12_months_entry_21_day_exit | 5.178 | 0.762 | 18325 | 9748 | 8577 | 53.195 | 6.735 | -6.732 | 0.432 | 0.002 |
| bbaaaaaabbbb | 12_months_entry_21_day_exit | 5.119 | 0.382 | 2541 | 1305 | 1236 | 51.358 | 7.319 | -6.851 | 0.427 | 0.468 |
| baabbbbbbbbb | 12_months_entry_42_day_exit | 5.116 | 1.416 | 9762 | 5227 | 4535 | 53.544 | 10.794 | -10.606 | 0.853 | 0.188 |
| aaaaaabaaaaa | 12_months_entry_42_day_exit | 5.106 | 1.328 | 1660 | 925 | 735 | 55.723 | 7.473 | -7.483 | 0.851 | -0.010 |
| ababbbbbbbbb | 12_months_entry_21_day_exit | 5.074 | 1.124 | 2597 | 1409 | 1188 | 54.255 | 7.287 | -7.719 | 0.423 | -0.431 |
| aaaaabbbbaaa | 12_months_entry_42_day_exit | 4.837 | 1.113 | 1640 | 901 | 739 | 54.939 | 7.394 | -7.225 | 0.806 | 0.168 |
| bbbbabbbbbbb | 12_months_entry_21_day_exit | 4.775 | 0.435 | 2516 | 1307 | 1209 | 51.948 | 7.680 | -7.474 | 0.398 | 0.206 |
| aaaaaabaaaaa | 12_months_entry_63_day_exit | 4.431 | 1.941 | 1660 | 922 | 738 | 55.542 | 9.723 | -9.655 | 1.108 | 0.068 |
| babbbaaaaaaa | 12_months_entry_21_day_exit | 4.269 | 0.940 | 1934 | 1049 | 885 | 54.240 | 5.709 | -5.990 | 0.356 | -0.281 |
| aaaabbbbbbbb | 12_months_entry_42_day_exit | 4.117 | 1.117 | 24064 | 12873 | 11191 | 53.495 | 9.714 | -9.699 | 0.686 | 0.015 |
| aaaaabbbbbbb | 12_months_entry_21_day_exit | 3.725 | 0.471 | 20640 | 10695 | 9945 | 51.817 | 6.768 | -6.634 | 0.310 | 0.134 |
| bbaaaabbbbbb | 12_months_entry_21_day_exit | 3.649 | 0.285 | 3236 | 1658 | 1578 | 51.236 | 7.231 | -6.974 | 0.304 | 0.257 |
| aabbbaaaaaaa | 12_months_entry_21_day_exit | 3.647 | 0.642 | 5606 | 2975 | 2631 | 53.068 | 5.495 | -5.566 | 0.304 | -0.071 |
| aaabbaaaaaaa | 12_months_entry_21_day_exit | 3.616 | 0.581 | 4008 | 2118 | 1890 | 52.844 | 5.357 | -5.364 | 0.301 | -0.007 |
| aabbbbaaaaaa | 12_months_entry_21_day_exit | 3.281 | 0.654 | 4684 | 2504 | 2180 | 53.459 | 5.337 | -5.542 | 0.273 | -0.206 |
| aabbbbbaaaaa | 12_months_entry_21_day_exit | 3.080 | 0.733 | 3843 | 2066 | 1777 | 53.760 | 5.284 | -5.588 | 0.257 | -0.304 |
| baaaaaabbbbb | 12_months_entry_21_day_exit | 2.626 | 0.503 | 4471 | 2327 | 2144 | 52.047 | 6.797 | -6.921 | 0.219 | -0.124 |
| baaaaaaaabbb | 12_months_entry_21_day_exit | 2.003 | 0.611 | 3607 | 1896 | 1711 | 52.564 | 7.119 | -7.537 | 0.167 | -0.418 |
| aaaabbbbbbbb | 12_months_entry_21_day_exit | 1.924 | 0.420 | 24064 | 12385 | 11679 | 51.467 | 6.803 | -6.884 | 0.160 | -0.081 |
| aaaaaabbbaaa | 12_months_entry_21_day_exit | 1.874 | 0.772 | 1439 | 792 | 647 | 55.038 | 4.515 | -5.179 | 0.156 | -0.665 |
| baabbbbbbbbb | 12_months_entry_21_day_exit | 1.617 | 0.463 | 9762 | 5053 | 4709 | 51.762 | 7.176 | -7.421 | 0.135 | -0.245 |
| aaaaaabbbbaa | 12_months_entry_21_day_exit | 1.097 | 0.137 | 1347 | 684 | 663 | 50.780 | 5.002 | -4.974 | 0.091 | 0.027 |
| bbbaaaabbbbb | 12_months_entry_21_day_exit | 0.338 | 0.270 | 2131 | 1079 | 1052 | 50.634 | 7.353 | -7.485 | 0.028 | -0.132 |
| bbabbbbbbbbb | 12_months_entry_21_day_exit | -0.625 | 0.295 | 6279 | 3209 | 3070 | 51.107 | 7.048 | -7.473 | -0.052 | -0.426 |
| bbaaaaabbbbb | 12_months_entry_21_day_exit | -1.613 | 0.180 | 2844 | 1437 | 1407 | 50.527 | 6.970 | -7.390 | -0.134 | -0.420 |
The percent returns were divided into deciles, so that the 50th percentile is the median percent return. Expectancy is defined as (positive % returns)*win_fraction + (negative % returns)*(1 – win_fraction). Annualized expectancy is a simple linear scaling from that of the exit days to a full trading year of 252 days (it is not compounded).
Remarks
The results presented here are for long positions in stocks only. In order to incorporate ETFs, a curated list should be created to avoid redundant ETFs. Also, inverse ETFs would be interesting to examine as a means of taking short positions.
