Evaluating POGL Trades Against Buy-and-Hold Across Eras Should you trade in and out of positions, or should you buy and hold? If an active strategy truly offers an edge, it shouldn’t just rely on theory—it must be backed by quantitative models evaluated across multiple decades and a diverse basket of tickers. Welcome to the Security Trading Analytics blog, where we present and backtest active position management models to let the empirical data speak for themselves. This is the third post in a multi-part series on tracking ticker performance over multiple decades across three different regimes. The regimes are labelled: expansion, contraction, and shock. During an expansion regime, ticker prices are generally rising. In contrast, contraction and shock regimes denote periods of generally declining prices. Contraction regimes have durations of months or years, and shock regimes have durations of days or months. The first post in this series presents spreadsh...
