

Over 1990 to 2025 (36 years of data), XAGHKD has tended to move long between 14.08 and 28.09, closing higher in 74.1% of those years for an average +2.50% move and an annualized Sharpe of 0.66.
| Window | Dir | Win rate | Avg return | Sharpe | Years |
|---|---|---|---|---|---|
| 14.08 → 28.09 | Long | 74.1% | +2.50% | 0.66 | 27 |
| 13.08 → 28.09 | Long | 74.1% | +2.49% | 0.63 | 27 |
| 12.08 → 04.10 | Long | 70.4% | +3.79% | 0.75 | 27 |
| 12.08 → 03.10 | Long | 70.4% | +3.77% | 0.81 | 27 |
| 13.08 → 04.10 | Long | 70.4% | +3.69% | 0.77 | 27 |
| 14.08 → 04.10 | Long | 70.4% | +3.69% | 0.80 | 27 |
| 15.08 → 02.10 | Long | 70.4% | +3.54% | 0.78 | 27 |
| 17.08 → 02.10 | Long | 70.4% | +3.53% | 0.76 | 27 |