Over 2018 to 2025 (8 years of data), 1177HKHKD has tended to move short between 23.07 and 03.08, closing higher in 87.5% of those years for an average +3.97% move and an annualized Sharpe of 3.03.
| Window | Dir | Win rate | Avg return | Sharpe | Years |
|---|---|---|---|---|---|
| 23.07 → 03.08 | Short | 87.5% | +3.97% | 3.03 | 8 |
| 23.07 → 05.08 | Short | 87.5% | +3.66% | 2.44 | 8 |
| 23.07 → 04.08 | Short | 87.5% | +3.56% | 2.82 | 8 |
| 24.07 → 03.08 | Short | 87.5% | +3.30% | 2.33 | 8 |
| 24.07 → 05.08 | Short | 87.5% | +2.97% | 1.79 | 8 |
| 24.07 → 04.08 | Short | 87.5% | +2.88% | 2.08 | 8 |
| 24.07 → 02.08 | Short | 87.5% | +2.38% | 2.70 | 8 |
| 23.07 → 08.08 | Short | 75.0% | +4.99% | 2.43 | 8 |