Alltime Shield III
by Ordertune · part of Institutional Alpha
- Momentum, short only (hedge)
- Risk elevated
Alltime Shield III is the heavy hitter of the Shield family: a short-side hedge on large tech names in a medium-term downtrend. It engages when market fear rises and stays short through a large, sustained slide rather than taking a quick move, so positions run for several weeks. Short selling needs a margin account at Alpaca.
- Universe
- Nasdaq100
- Holding period
- about 18 trading days on average
- Order types
- market, limit
€479
Institutional Alpha bundle · 25 strategies · per month, net
Subscribe to Institutional AlphaOrders go to your own Alpaca account. You set the position size and approve each order until you switch to automatic.
4 Nov 2021 to 3 Nov 2026 · 1,275 trading days
Strategy level
What to expect from the strategy as a whole, measured on the daily return series.
- Annual return (CAGR)
- +4.3%
- per year; +23.4% over the window
- Volatility
- 10.3%
- annualized
- Max drawdown
- −19.8%
- peak to trough
- Sharpe ratio
- 0.46
- risk-free 0%, annualized
- Sortino ratio
- 0.65
- downside deviation only
- MAR ratio
- 1.19
- return ÷ max drawdown
Equity curve
Compounded from daily returns, net of costs, rebased to 0% at the start of the selected range.
Drawdown
How far the value stood below its previous high on each day. Deep or long dips are what an investor has to sit through.
Monthly returns
Compounded from daily returns, net of costs. Year compounds the months shown; an empty cell lies outside the range. *Partial month.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.0% | +1.6% | −4.1% | 0.0% | 0.0% | +4.0% | −2.3% | −4.5% | 0.0% | −4.0% | 0.0%* | no data | −9.3%* |
| 2025 | −1.6% | 0.0% | +7.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | −3.9% | +4.0% | 0.0% | +5.4% |
| 2024 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +8.7% | −3.6% | −0.3% | +4.9% | 0.0% | +9.5% |
| 2023 | 0.0% | 0.0% | +1.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +1.3% |
| 2022 | +4.0% | −4.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +4.2% | +1.4% | 0.0% | +8.0% | +13.5% |
| 2021 | no data | no data | no data | no data | no data | no data | no data | no data | no data | no data | 0.0%* | +2.4% | +2.4%* |
Trade level
Closed trades with an exit inside the range.
- Win rate
- 60.0%
- 27 of 45 closed trades
- Avg win
- +14.7%
- per winning trade
- Avg loss
- −15.6%
- per losing trade
- Profit factor
- 1.41
- gross wins ÷ gross losses
- Avg holding
- 20d
- entry to exit, calendar days
- Trades
- 45
- closed in the range
Closed trades, last 90 days
| Symbol | Entry | Exit | Held | Return |
|---|---|---|---|---|
| APPshort | 1 Oct 2026 | 29 Oct 2026 | 28d | +11.31% |
| AXONshort | 29 Sep 2026 | 27 Oct 2026 | 28d | +0.09% |
| WDCshort | 15 Sep 2026 | 13 Oct 2026 | 28d | +16.56% |
| AMATshort | 15 Sep 2026 | 2 Oct 2026 | 17d | −26.37% |
| KLACshort | 15 Sep 2026 | 2 Oct 2026 | 17d | −20.82% |
| HONAshort | 2 Sep 2026 | 1 Oct 2026 | 29d | −0.56% |
| RKLBshort | 21 Jul 2026 | 7 Aug 2026 | 17d | −18.78% |
| APPshort | 20 Jul 2026 | 6 Aug 2026 | 17d | +21.24% |
| CRWVshort | 27 Jul 2026 | 5 Aug 2026 | 9d | −25.05% |
Daily return series 18 Jan 2000 to 3 Nov 2026, supplied by the provider. Data before 3 Jan 2000 is a backtest: simulated results are a hypothesis, not a promise. Past performance does not predict future returns. Your own results depend on your position sizes, fills and costs.