Over 2018 to 2025 (8 years of data), 0857HKHKD has tended to move short between 13.07 and 11.09, closing higher in 87.5% of those years for an average +5.81% move and an annualized Sharpe of 1.19.
| Window | Dir | Win rate | Avg return | Sharpe | Years |
|---|---|---|---|---|---|
| 13.07 → 11.09 | Short | 87.5% | +5.81% | 1.19 | 8 |
| 12.07 → 21.08 | Short | 87.5% | +5.23% | 1.72 | 8 |
| 12.07 → 20.08 | Short | 87.5% | +5.20% | 1.75 | 8 |
| 13.07 → 04.08 | Short | 87.5% | +4.79% | 2.98 | 8 |
| 13.07 → 18.08 | Short | 87.5% | +4.56% | 1.86 | 8 |
| 13.07 → 16.08 | Short | 87.5% | +4.26% | 1.74 | 8 |
| 11.07 → 21.08 | Short | 75.0% | +6.25% | 2.03 | 8 |
| 11.07 → 20.08 | Short | 75.0% | +6.21% | 2.04 | 8 |