Strategy Months	Active Active Win % 
                             Avg Win    Avg Loss 
                                           Profit Factor 
                                                Monthly Expectancy 
                                                      Annualized Expectancy 
                                                                   % Months > +10%	
                                                                         % Months < -10%	
                                                                           Max Consecutive Wins	
                                                                                   Max Consecutive Losses	
                                                                                      Upside Capture vs SPY Downside Upside vs NDX Down

SPY	317	314	64.01%	3.30%	-3.76%	1.56	0.75%	9.38%	0.95%	1.26%	15	5	1.0x	1.0x	0.7x	0.6x
NDX	317	315	59.05%	4.97%	-5.11%	1.40	0.84%	10.51%	6.31%	5.99%	7	6	1.3x	1.4x	1.0x	1.0x
Base 
5-stock	317	249	63.45%	7.83%	-5.38%	2.53	2.36%	32.32%	13.88%	4.10%	9	3	0.7x	-0.5x	0.5x	-0.3x
PHL 
Top2	317	249	62.25%	10.54%	-6.40%	2.72	3.26%	46.90%	19.24%	7.26%	7	6	0.9x	-0.8x	0.6x	-0.5x
PHL2+4
Combo3 
33/33	317	249	63.86%	8.77%	-5.90%	2.62	2.72%	38.05%	15.14%	4.10%	9	3	0.7x	-0.6x	0.5x	-0.4x
PHL2+
Combo3 
40/20	317	249	63.45%	8.89%	-6.12%	2.52	2.68%	37.29%	15.77%	5.36%	9	3	0.8x	-0.6x	0.5x	-0.4x
Ratio 
1-stock 
champ	317	249	63.45%	13.85%	-8.99%	2.67	4.32%	66.15%	24.61%	10.09%	9	4	2.1x	0.2x	1.7x	0.4x
Ratio 
1-stock 
HTD 
final 
Top3	317	249	61.45%	13.28%	-8.02%	2.64	3.98%	59.79%	23.66%	9.46%	10	4	2.1x	0.4x	1.7x	0.5x
Best 
3-stock 
ratio 
family	317	249	65.06%	9.33%	-6.62%	2.62	2.95%	41.73%	16.40%	4.42%	10	3	1.5x	0.3x	1.2x	0.4x
Best 
4-stock 
ratio 
family	317	249	62.65%	8.85%	-6.09%	2.44	2.57%	35.61%	14.20%	5.68%	13	4	1.5x	0.5x	1.2x	0.5x
Best 5-stock 
ratio 
family	317	249	64.66%	7.78%	-5.67%	2.51	2.38%	32.56%	13.25%	4.42%	9	3	1.3x	0.5x	1.1x	0.4x