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TS Debut Superstar (TSDS) Index: Proof of Concept
Investing in @nbatopshot TS Debut Superstar moments™ is a better risk-adjusted strategy than "buying the market."
Duh.
It's not
science, but many undisciplined collectors are chasing shiny toys.
There's more
Investing in @nbatopshot TS Debut Superstar moments™ is a better risk-adjusted strategy than "buying the market."
Duh.
It's not
science, but many undisciplined collectors are chasing shiny toys.There's more
Disclaimer: TS market is young & inefficient. Plenty of data nuances. Focus on big picture, not decimals.
Who are superstars in base TSDS Index?
LeBron
Curry
Durant (RIB)
Luka
Zion
Ja
Giannis
Harden
We'll debate index constituents another time. This is representative for now.
Who are superstars in base TSDS Index?
LeBron
Curry
Durant (RIB)
Luka
Zion
Ja
Giannis
Harden
We'll debate index constituents another time. This is representative for now.
Since inception on 2/4/21 ( @AddMoreFunds data), TSDS Index returned 151%, which outperformed the TS All Market (TSAM) Benchmark by 34%.
Two highlights:
1. TSDS in bull market
2. Flat-lining / slight pickup recently
Two highlights:
1. TSDS in bull market
2. Flat-lining / slight pickup recently
TSDS Index generated higher return with similar risk compared to TSAM Benchmark.
Surprised to see worse drawdown on TSDS, but it's technically the result of much higher watermark at the peak.
Sharpe and Capture Ratios are exactly what we desire from an active strategy
Surprised to see worse drawdown on TSDS, but it's technically the result of much higher watermark at the peak.
Sharpe and Capture Ratios are exactly what we desire from an active strategy
A note on market timing 
Nobody bought every moment on 2/4/21 and held until yesterday. Results change with adjustments to time frame, index constituents, etc.
Point is collecting is not day-trading. There are opportunities to flip, but discipline is critical to success.
Nobody bought every moment on 2/4/21 and held until yesterday. Results change with adjustments to time frame, index constituents, etc.
Point is collecting is not day-trading. There are opportunities to flip, but discipline is critical to success.
What are your collecting goals and strategy on @nbatopshot, and is your collection prepared for the next bull market?
Nobody rings a
at the bottom.
Nobody rings a
at the bottom.
