Over 2011 to 2025 (15 years of data), HMBSESEK has tended to move short between 09.07 and 04.08, closing higher in 73.3% of those years for an average +2.44% move and an annualized Sharpe of 1.36.
| Window | Dir | Win rate | Avg return | Sharpe | Years |
|---|---|---|---|---|---|
| 09.07 → 04.08 | Short | 73.3% | +2.44% | 1.36 | 15 |
| 13.07 → 02.08 | Short | 73.3% | +2.44% | 1.79 | 15 |
| 09.07 → 02.08 | Short | 73.3% | +2.37% | 1.52 | 15 |
| 12.07 → 03.08 | Short | 73.3% | +2.36% | 1.47 | 15 |
| 12.07 → 02.08 | Short | 73.3% | +2.30% | 1.57 | 15 |
| 13.07 → 01.08 | Short | 73.3% | +2.13% | 1.80 | 15 |
| 12.07 → 01.08 | Short | 73.3% | +1.98% | 1.51 | 15 |
| 11.07 → 02.08 | Short | 73.3% | +1.75% | 1.18 | 15 |