Bullet Hill Capital LLC : Ricochet Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date N / A Feb Performance -11.73% Min Investment $ 500k Mgmt. Fee 2.00% Perf. Fee 20.00% Annualized Vol 13.64% Sharpe (RFR=1%) -0.39 CAROR -5.13% Assets $ 2.7M Worst DD -20.34 S&P Correlation 0.01 Add Alert Add to Blender Add to Portfolio Add to Watchlist Print Page Growth of 1,000 - VAMI Monthly Performance Export Data Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD DD Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. Period Returns Program / Index Feb Qtr 2020 1yr 3yr 5yr 10yr Since6/2014 Ricochet -11.73 - - - - -6.46 - -13.47 S&P 500 3.72 - - - - 73.07 - 89.66 +/- S&P 500 -15.45 - - - - -79.53 - -103.14 Strategy Description SummaryBHC trading systems cover’s 37 markets including financial and commodity markets. They are actively monitored and invested in, encompassing a broad range of asset classes that include indexes, fixed income, currencies, energy, precious metals, and agriculture. By statistically... Read More Account & Fees Type Managed Account Minimum Investment $ 500k Trading Level Incremental Increase $ 500k CTA Max Funding Factor 1.00 Management Fee 2.00% Performance Fee 20.00% Average Commission $15.00 Available to US Investors Yes Subscriptions High Water Mark Yes Subscription Frequency Daily Redemption Frequency Daily Investor Requirements QEP Lock-up Period 0 Trading Trading Frequency 2000 RT/YR/$M Avg. Margin-to-Equity 30% Targeted Worst DD -20.00% Worst Peak-to-Trough Sector Focus Diversified Traders Holding Periods Over 12 Months 0% 4-12 Months 0% 1-3 Months 10.00% 1-30 Days 90.00% Intraday 0% Decision-Making Discretionary 0% Systematic 100.00% Strategy Pattern Recognition 10.00% Other 90.00% Composition Currency Futures 15.00% Precious Metals 15.00% Energy 15.00% Interest Rates 15.00% Grains 10.00% Livestock 10.00% Softs 10.00% Stock Indices 10.00% SummaryBHC trading systems cover’s 37 markets including financial and commodity markets. They are actively monitored and invested in, encompassing a broad range of asset classes that include indexes, fixed income, currencies, energy, precious metals, and agriculture. By statistically spreading this approach across multiple markets, the system's performance is designed to follow the overall statistical performance of the historical behavior using artificial intelligence. This Machine Learning system perpetually acquires and archives data on a daily basis. So in this sense the system is perpetually growing and getting smarter as it acquires more history that lends to the statistical forecasts it produces.Investment StrategyThe database collects daily sentiment numbers (market consensus) to analyze market behavior in a “bottom up” fashion in order to determine the state of market opinion and predict the likely hood of market movements based on contrary opinion and historical price action based on archived behavioral patterns. By looking at sentiment in a historical and behavioral manner of market movement (dating back to 1964), various mathematical concepts such as Random Walk and Bernoulli are used to qualify and measure the path and statistical characteristics of behavioral patterns. The measurements are calculated and stored within archives that are recalled and provide performance statistics to measure the market's tendency to be either overbought or oversold. This systematic approach is technically based on a proprietary model that evaluates price over time combined with market consensus to create a system signal; both must be met before taking a position. We look at the patterns of consensus numbers over a certain time frame, not just the latest number. Consensus is the instrument that provides the main filter to determine the strength of price breakouts and whether the system should initiate a position against these breakouts. When a market does break out of a trading range, this system will attempt to participate by entering on a re-test of the breakout. A comprehensive database of string patterns and analysis of trade action has been created and is used to gauge statistical probabilities of future direction.Risk ManagementOur edge lies in that we have a large enough historical sample to gauge how markets behave (based on a particular behavior pattern) over a history of varying market and economic conditions. This vast historical dataset allows us to identify what side of the market is wrong and will need to correct and place our bet based on statistical outcomes that have occurred over a 40 plus year timeframe, in varying market conditions. We illustrate this by applying the Random Walk principle and superimpose actual behavior with what the Random Walk would look like in order to see what happens over multiple years and where we think the "street" is likely to be making the same mistakes as in the past. Measurements are calculated and stored by archives that we can recall based on specific aggregations of behavior. The system exploits these distortions by taking directional positions in the major liquid commodity, currency and bond markets. Compare to: {{result.name}} {{result.description}} Index: Chart Type: AUM & Cumulative Returns Cumulative Returns Distribution Rolling Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. Compare to: Index: Select an Index Hang Seng Russell 2000 DAX FTSE 100 S&P 500 Index 10-Year Note VIX S&P 500 Monthly Annual Reward Average RoR: Max Gain: Gain Frequency: Average Gain: Gain Deviation: Risk Standard Deviation: Worst Loss: Loss Frequency: Average Loss: Loss Deviation: Reward/Risk Sharpe Ratio: (RF=1%) Skewness: Kurtosis: Reward Compound RoR: Average RoR: Max Gain: Gain Frequency: Average Gain: Gain Deviation: Risk Standard Deviation: Worst Loss: Loss Frequency: Average Loss: Loss Deviation: Reward/Risk Sharpe Ratio: (RF=1%) Skewness: Kurtosis: Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. Note: Figures shown in the Monthly column are the greatest figures (or worst for losses/drawdowns) for any particular month. The Annual figures are the greatest for any calendar year. Drawdown Report Depth Length (Mos.) Recovery (Mos.) Peak Valley -20.34 8 - 8/1/2014 4/1/2015 -1.25 1 1 6/1/2014 7/1/2014 Show More Consecutive Gains Run-up Length (Mos.) Start End 14.09 6 5/1/2015 10/1/2015 7.26 8 6/1/2016 1/1/2017 2.47 3 12/1/2014 2/1/2015 1.64 1 8/1/2014 8/1/2014 1.35 2 3/1/2016 4/1/2016 1.29 1 6/1/2014 6/1/2014 0.89 1 10/1/2014 10/1/2014 0.40 2 12/1/2015 1/1/2016 Show More Consecutive Losses Run-up Length (Mos.) Start End -15.71 1 9/1/2014 9/1/2014 -11.73 1 2/1/2017 2/1/2017 -4.70 2 3/1/2015 4/1/2015 -4.07 1 11/1/2014 11/1/2014 -2.27 1 5/1/2016 5/1/2016 -1.25 1 7/1/2014 7/1/2014 -0.36 1 2/1/2016 2/1/2016 -0.19 1 11/1/2015 11/1/2015 Show More Time Windows Analysis 1 Month3 Month6 Month12 Month18 Month Number of Periods33.0031.0028.0022.0016.00 Percent Profitable72.7370.9771.4377.2768.75 Average Period Return-0.36-0.450.263.285.64 Average Gain1.192.524.587.5211.54 Average Loss-4.48-7.69-10.54-11.13-7.33 Best Period6.569.7714.0915.4618.90 Worst Period-15.71-18.42-17.58-13.70-9.25 Standard Deviation3.946.168.288.539.40 Gain Standard Deviation1.282.093.093.082.84 Loss Standard Deviation5.576.907.192.922.25 Sharpe Ratio (1%)-0.11-0.11-0.030.270.44 Average Gain / Average Loss0.270.330.430.681.57 Profit / Loss Ratio0.710.801.092.303.46 Downside Deviation (10%)3.755.967.857.798.42 Downside Deviation (5%)3.635.536.915.915.06 Downside Deviation (0%)3.605.436.685.454.25 Sortino Ratio (10%)-0.20-0.28-0.28-0.22-0.23 Sortino Ratio (5%)-0.12-0.13-0.030.390.82 Sortino Ratio (0%)-0.10-0.080.040.601.33 Top Performer Badges Index Award Type Rank Performance Period Diversified Trader Index Month 8 1.48 8/2016 Systematic Trader Index Month 10 1.48 8/2016 Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. x {{title}} x {{title}} Add Cancel