At the end of April 2021, two companies were a "buy" according to the Coppock Curve. So far, the strategy has worked well. Take a look at the chart below which consists of companies with "buy" signals on December 1, 2020. All companies outperformed the market by a significant margin.
For this week, please see the table below for the 2 companies with a "buy" signal as of May 1, 2021. Continue reading
Before we release 3 stocks that reached buy-signal based on the Coppock Curve, we want to visit 6 companies we highlighted at the end of November 2020.
As one can see, the performance for these 6 companies have been astonishing. The most interesting observation is that Capital One (COF) is the best performer with gain of 42%. However, historical pattern shows that it has the lowest success rate of 33% and tend to loss value over 1 year holding period.
At the end of March 2021, there are 3 companies reaching buy-signal from the Coppock Curve. All these companies are utilities which doesn’t surprise us given that the Dow Jones Utility index was a buy 2 months ago. Continue reading
Below is the Coppock Curve data for the following indexes as of the end of October 2020:
If you’re interested in a index not listed, let us know.
The Coppock Curve has proven to be a reliable indicator for certain equities. We started tracking individual stock performance using the Coppock Curve since May 2020 and the performance since then can be seen below.
| Years | Purchase Month | # of Companies | Average Total Return % |
| 2020 | May | 4 | 48.0% |
| Jun | 1 | 38.2% | |
| Aug | 10 | 38.3% | |
| Sep | 2 | 22.8% | |
| Nov | 6 | 31.0% | |
| Dec | 18 | 25.1% | |
| 2021 | Jan | 9 | 15.3% |
| Feb | 2 | 1.8% |
At the end of February 2021, only one company reached a buying indication based on the Coppock Curve. Continue reading
The market ended the year up more than 15%. Last month we published the first list of individual companies using Coppock indicator and the average gain was 5.0%, exceeding the S&P 500 gain of 2.3%.
The table below contains 9 companies that completed the buying indication based on the Coppock Curve at the end of December 2020.
The statistics below are based on a holding period of 1 year. One measure to pay close attention to is the success rate which is the number of times this indicator yielded a positive return within 1 year. The loss columns are there to remind us that investing is not risk free. Continue reading
The market had a strong November and pushed the indicator forward into the positive territory. As noted several months ago, the buy signal occurred in July 2020 which proved to be a well timed buy signal.
To better enhance this indicator, we have been collecting data on individual stocks and back testing the strategy. Several months ago, our team applied this strategy (refer to Coppock Curve Applied to Individual Stocks) to 4 companies with amazing result. The average return was +46% since May. We hope that the list below provides you with a viable starting point for your research. Continue reading
Recently, we’ve seen some success applying the Coppock curve or indicator to individual companies. Could we scale this to an emerging market such as Nifty 50, a benchmark Indian stock market index? Running the data through this model reveals some exciting findings, so let’s dive into it.
The assumption we are working with is purchasing the Nifty 50 (^NSEI) when the Coppock issues a buy signal. The target holding periods are 1-3 years. Below are summary table showing important statistics such as success rate, largest loss or risk, average gain, and annualized return. Continue reading
Posted in Coppock Curve, Coppock Index, India, Nifty 50
Below is the Coppock Curve data for the following indexes as of the end of October 2020:
If you’re interested in a index not listed, let us know. Continue reading
Below is the Coppock Curve data for the following indexes:
If you’re interested in a index not listed, let us know.
On, August 1, 2020, we said the following:
“Last month, the Coppock Curve dipped into negative territory flagging us to closely monitor this indicator for a buy signal. In addition to monitoring the Dow Jones Industrial Average, we created a model to back test this strategy against individual stocks. So far, we are very satisfied with the outcome.”
Based on our prior work, we have developed a strategy to compliment the indications made by the Coppock Curve when applied to the Dow Jones Industrial Average. Continue reading
Last month, the Coppock Curve dipped into negative territory flagging us to closely monitor this indicator for a buy signal. In addition to monitoring the Dow Jones Industrial Average, we created a model to back test this strategy against individual stocks. So far, we are very satisfied with the outcome. Below is the current status of this indicator when we apply it to the Dow Jones Industrial Average. Continue reading
The last time we updated this indicator in March 2020, the Coppock curve changed directions from an upward bias to a move down. Two months later, the curve now stands in negative territory. This mean that the next meaningful move on the upside of this indicator is a buy signal. Below is a chart of the Coppock at the end of June 2020. Continue reading
The recent market rally has pushed the market (S&P 500) near break even for the year. However, shares of Berkshire Hathaway (BRK-A) remain -11% below the price at the start of the year. This drop in value could potentially be a buying opportunity and today we apply the market timing strategy of the Coppock Curve to Berkshire shares.
It’s a rare occurrence when the Coppock Curve for Berkshire reach negative territory. For 40 years, there are only 8 times (once every 5 years) we get a buy signal. We haven’t receive a proper buy-signal yet but let’s review what it did in the past.
The table below shows a summary statistic of all 7 signals from the past. Continue reading
The Coppock Curve was never intended to be use on individual companies but we continue to challenge that premise as more data are available which allow our team to back test the strategy.
There are times when this indicator have proven to be less effective on companies (Ford or CVS) while other have shown strong track record.
With extensive research on this indicator, our team decided to track the performance of some companies on a monthly basis and hope that our readers could utilize them as source for their long-term investment strategy. We begin the month of May with 4 companies that have established a buy signal using the Coppock Curve. Continue reading
From January 2020 to March 2020, we just experienced one of the worst quarters for equity investors, which prompts us to revisit the Coppock Curve. This indicator splits out buy indications with an extremely high success rate.
Below is a chart of the Coppock Curve from 1974 to the present and the statistical breakdown since 1930.