HPX Financial LLC : HPX Old School Program Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date 0.48% Jan Performance 0.48% Min Investment $ 200k Mgmt. Fee 2.00% Perf. Fee 20.00% Annualized Vol 28.65% Sharpe (RFR=1%) 1.20 CAROR 37.22% Assets $ 8.5M Worst DD -17.27 S&P Correlation -0.06 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 Jan Qtr YTD 1yr 3yr 5yr 10yr Since6/2006 HPX Old School Program 0.48 0.40 0.48 0.86 4.11 5.48 133.41 10,259.74 S&P 500 -1.11 13.59 -1.11 15.15 31.52 89.48 185.82 189.39 +/- S&P 500 1.59 -13.19 1.59 -14.29 -27.42 -84.00 -52.41 10,070.35 Strategy Description Investment StrategyThe Program seeks to achieve significant profits across a broad variety of market conditions (both bull and bear markets, and inflationary and deflationary environments). To achieve the objectives, the Program involve speculating in futures contracts on grains, hogs, and... Read More Account & Fees Type Managed Account Minimum Investment $ 200k Trading Level Incremental Increase $ 200k CTA Max Funding Factor 2.00 Management Fee 2.00% Performance Fee 20.00% Average Commission $12.00 Available to US Investors Yes Subscriptions High Water Mark Yes Subscription Frequency Daily Redemption Frequency Daily Investor Requirements QEP Lock-up Period 0 Trading Trading Frequency 1500 RT/YR/$M Avg. Margin-to-Equity 0% Targeted Worst DD Worst Peak-to-Trough Sector Focus Agricultural Traders Holding Periods Over 12 Months 0% 4-12 Months 0% 1-3 Months 0% 1-30 Days 0% Intraday 0% Decision-Making Discretionary 100.00% Systematic 0% Strategy Fundamental 80.00% Technical 20.00% Composition Livestock 100.00% Investment StrategyThe Program seeks to achieve significant profits across a broad variety of market conditions (both bull and bear markets, and inflationary and deflationary environments). To achieve the objectives, the Program involve speculating in futures contracts on grains, hogs, and cattle, as well as any other agricultural futures or options contracts. The Programs are entirely discretionary, meaning that the Advisor does not employ or observe automated, pre-defined, or mechanical rules to select markets, determine position sizing, identify or select trades, and/or employ risk management techniques, if any. The discretionary nature of the Programs enables the Advisor to draw on Mr. Paffenroth’s past trading experience, and intuition about the markets, in all aspects of the Programs’ implementation. Given the depth and breadth of Mr. Paffenroth’s trading experience, the Advisor believes this discretionary methodology provides a significant advantage over a mechanical, rules-based trading approach. However, there is no assurance that the use of such significant discretion will ultimately prove beneficial, because a rules-based approach might prevent a wide array of cognitive biases from detrimentally affecting performance. 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 -17.27 1 5 6/1/2007 7/1/2007 -7.50 2 1 5/1/2009 7/1/2009 -6.17 2 3 12/1/2008 2/1/2009 -5.55 21 15 7/1/2015 4/1/2017 -4.70 2 2 3/1/2011 5/1/2011 -4.48 3 1 6/1/2006 9/1/2006 -3.98 1 2 9/1/2011 10/1/2011 -3.81 9 11 7/1/2018 4/1/2019 -3.72 1 3 4/1/2010 5/1/2010 -2.76 2 6 10/1/2012 12/1/2012 -2.36 3 - 8/1/2020 11/1/2020 -2.18 1 2 7/1/2014 8/1/2014 -1.74 4 4 11/1/2014 3/1/2015 -1.72 3 1 9/1/2013 12/1/2013 -1.53 1 1 3/1/2012 4/1/2012 -1.07 2 1 12/1/2011 2/1/2012 -0.63 1 1 4/1/2007 5/1/2007 -0.48 1 1 2/1/2010 3/1/2010 -0.32 1 1 6/1/2013 7/1/2013 -0.13 1 1 10/1/2006 11/1/2006 Show More Consecutive Gains Run-up Length (Mos.) Start End 690.06 13 12/1/2007 12/1/2008 111.91 10 6/1/2010 3/1/2011 64.75 5 12/1/2006 4/1/2007 61.42 7 8/1/2009 2/1/2010 31.19 4 6/1/2011 9/1/2011 19.77 6 5/1/2012 10/1/2012 18.95 1 6/1/2006 6/1/2006 18.27 7 1/1/2014 7/1/2014 15.07 3 8/1/2007 10/1/2007 14.91 3 3/1/2009 5/1/2009 13.39 1 10/1/2006 10/1/2006 9.73 1 4/1/2010 4/1/2010 8.16 2 11/1/2011 12/1/2011 6.54 1 3/1/2012 3/1/2012 4.42 8 1/1/2020 8/1/2020 4.05 6 2/1/2018 7/1/2018 2.55 1 6/1/2007 6/1/2007 2.53 3 9/1/2014 11/1/2014 1.95 2 8/1/2013 9/1/2013 1.89 3 1/1/2013 3/1/2013 1.78 5 5/1/2017 9/1/2017 1.70 1 7/1/2015 7/1/2015 1.39 2 6/1/2016 7/1/2016 1.39 1 4/1/2015 4/1/2015 1.32 1 11/1/2019 11/1/2019 1.20 2 5/1/2013 6/1/2013 1.18 3 2/1/2016 4/1/2016 0.73 1 5/1/2019 5/1/2019 0.58 2 11/1/2017 12/1/2017 0.50 2 12/1/2020 1/1/2021 0.20 1 1/1/2017 1/1/2017 0.14 1 1/1/2015 1/1/2015 0.12 1 1/1/2019 1/1/2019 0.12 1 3/1/2017 3/1/2017 0.05 1 9/1/2016 9/1/2016 Show More Consecutive Losses Run-up Length (Mos.) Start End -17.27 1 7/1/2007 7/1/2007 -7.50 2 6/1/2009 7/1/2009 -7.42 1 11/1/2007 11/1/2007 -6.17 2 1/1/2009 2/1/2009 -5.14 6 8/1/2015 1/1/2016 -4.70 2 4/1/2011 5/1/2011 -4.48 3 7/1/2006 9/1/2006 -3.98 1 10/1/2011 10/1/2011 -3.72 1 5/1/2010 5/1/2010 -2.76 2 11/1/2012 12/1/2012 -2.51 3 10/1/2016 12/1/2016 -2.36 3 9/1/2020 11/1/2020 -2.18 1 8/1/2014 8/1/2014 -2.06 3 2/1/2019 4/1/2019 -1.91 5 8/1/2018 12/1/2018 -1.72 3 10/1/2013 12/1/2013 -1.53 1 4/1/2012 4/1/2012 -1.27 2 2/1/2015 3/1/2015 -1.18 2 5/1/2015 6/1/2015 -1.07 2 1/1/2012 2/1/2012 -0.63 1 5/1/2007 5/1/2007 -0.62 1 12/1/2014 12/1/2014 -0.51 5 6/1/2019 10/1/2019 -0.49 1 10/1/2017 10/1/2017 -0.48 1 3/1/2010 3/1/2010 -0.39 1 2/1/2017 2/1/2017 -0.32 1 7/1/2013 7/1/2013 -0.21 1 4/1/2017 4/1/2017 -0.14 1 8/1/2016 8/1/2016 -0.13 1 11/1/2006 11/1/2006 -0.11 1 1/1/2018 1/1/2018 -0.07 1 5/1/2016 5/1/2016 -0.04 1 4/1/2013 4/1/2013 -0.03 1 12/1/2019 12/1/2019 Show More Time Windows Analysis 1 Month3 Month6 Month12 Month18 Month2 Year3 Year4 Year5 Year Number of Periods176.00174.00171.00165.00159.00153.00141.00129.00117.00 Percent Profitable63.6472.4176.0279.3982.3989.5487.9490.7093.16 Average Period Return2.949.6522.5756.31101.74164.97312.60587.26950.29 Average Gain5.3914.1230.3771.45123.96184.64355.78647.681020.18 Average Loss-1.36-2.09-2.15-2.01-2.20-3.45-2.36-1.86-1.88 Best Period76.51148.26268.07608.45751.841051.052035.013393.155836.76 Worst Period-17.27-15.69-9.92-4.56-5.30-5.40-5.00-3.32-3.28 Standard Deviation8.2721.9348.05113.94172.39266.51496.41986.621625.31 Gain Standard Deviation9.3624.2652.78123.52182.46275.06514.681017.121662.90 Loss Standard Deviation2.553.252.181.371.591.601.430.841.10 Sharpe Ratio (1%)0.350.430.460.490.580.610.620.590.58 Average Gain / Average Loss3.976.7614.1135.6256.4053.58150.83348.59542.90 Profit / Loss Ratio7.0617.7444.73137.24263.86458.751100.173398.717396.97 Downside Deviation (10%)1.852.442.573.514.936.268.6710.9612.71 Downside Deviation (5%)1.742.091.671.501.711.862.031.972.05 Downside Deviation (0%)1.722.011.491.101.131.220.950.620.56 Sortino Ratio (10%)1.373.457.8114.6319.1024.7434.2251.6172.62 Sortino Ratio (5%)1.654.5013.2036.9058.6087.41152.65296.48460.16 Sortino Ratio (0%)1.724.7915.1551.2990.01134.97328.81951.571694.79 Top Performer Badges Index Award Type Rank Performance Period Agricultural Trader Index Month 7 0.05 8/2020 Agricultural Trader Index Month 4 0.12 7/2020 Agricultural Trader Index Month 4 1.10 3/2020 Agricultural Trader Index Month 6 0.41 2/2020 Agricultural Trader Index Month 6 1.60 1/2020 Discretionary Trader Index Month 7 1.60 1/2020 Agricultural Trader Index Month 1 1.32 11/2019 Discretionary Trader Index Month 8 1.32 11/2019 Agricultural Trader Index Month 5 0.00 8/2019 Agricultural Trader Index Month 8 0.12 1/2019 Agricultural Trader Index Month 9 -0.02 11/2018 Agricultural Trader Index Month 10 -0.09 9/2018 Agricultural Trader Index Month 7 1.36 6/2018 Agricultural Trader Index Month 8 0.56 4/2018 Agricultural Trader Index Month 10 0.57 3/2018 Agricultural Trader Index Month 5 0.96 9/2017 Agricultural Trader Index Month 7 0.65 8/2017 Agricultural Trader Index Month 10 1.26 7/2016 Agricultural Trader Index Month 7 0.90 4/2016 Agricultural Trader Index Month 10 0.05 3/2016 IASG CTA Index Sharpe 9 1.53 2015 IASG CTA Index 5 Year 5 139.18 2010 - 2015 Agricultural Trader Index Month 10 1.70 7/2015 Agricultural Trader Index Month 8 1.39 4/2015 Agricultural Trader Index Month 10 -0.30 2/2015 IASG CTA Index 5 Year 1 379.91 2009 - 2014 Agricultural Trader Index Month 7 0.33 10/2014 Agricultural Trader Index Month 9 3.24 6/2014 Agricultural Trader Index Month 6 1.14 4/2014 Agricultural Trader Index Month 4 2.56 3/2014 Agricultural Trader Index Month 3 4.98 2/2014 Discretionary Trader Index Month 9 4.98 2/2014 Agricultural Trader Index Month 3 2.51 1/2014 IASG CTA Index 5 Year 3 479.52 2008 - 2013 IASG CTA Index 3 Year 6 111.49 2010 - 2013 Agricultural Trader Index Month 8 1.44 8/2013 Agricultural Trader Index Month 9 0.25 5/2013 Agricultural Trader Index Month 4 0.93 3/2013 IASG CTA Index 5 Year 1 3,453.29 2007 - 2012 IASG CTA Index 3 Year 2 295.46 2009 - 2012 Agricultural Trader Index Month 4 1.89 10/2012 Agricultural Trader Index Month 5 2.10 9/2012 Agricultural Trader Index Month 6 4.64 8/2012 Agricultural Trader Index Month 4 2.26 5/2012 Discretionary Trader Index Month 5 6.54 3/2012 Agricultural Trader Index Month 3 6.54 3/2012 IASG CTA Index 3 Year 2 365.72 2008 - 2011 Agricultural Trader Index Month 1 7.31 12/2011 IASG CTA Index 5 Year 1 4,888.10 2006 - 2011 Discretionary Trader Index Month 5 7.31 12/2011 IASG CTA Index Annual 4 69.96 2011 IASG CTA Index Month 10 7.31 12/2011 Discretionary Trader Index Month 8 7.24 9/2011 Agricultural Trader Index Month 1 7.24 9/2011 Agricultural Trader Index Month 2 6.67 8/2011 Discretionary Trader Index Month 7 6.67 8/2011 Discretionary Trader Index Month 4 13.23 7/2011 Agricultural Trader Index Month 3 13.23 7/2011 Agricultural Trader Index Month 3 1.28 6/2011 Agricultural Trader Index Month 2 15.19 3/2011 IASG CTA Index Month 3 15.19 3/2011 Discretionary Trader Index Month 2 15.19 3/2011 Agricultural Trader Index Month 5 5.54 2/2011 Discretionary Trader Index Month 6 7.68 1/2011 Agricultural Trader Index Month 4 7.68 1/2011 IASG CTA Index Month 9 7.68 1/2011 IASG CTA Index Annual 2 92.49 2010 IASG CTA Index 3 Year 1 1,629.57 2007 - 2010 Agricultural Trader Index Month 1 6.90 11/2010 Discretionary Trader Index Month 1 6.90 11/2010 IASG CTA Index Month 5 6.90 11/2010 Discretionary Trader Index Month 5 19.97 10/2010 Agricultural Trader Index Month 5 19.97 10/2010 IASG CTA Index Month 8 19.97 10/2010 Agricultural Trader Index Month 7 6.97 9/2010 IASG CTA Index Month 10 15.26 8/2010 Discretionary Trader Index Month 2 15.26 8/2010 Agricultural Trader Index Month 2 15.26 8/2010 Agricultural Trader Index Month 9 0.25 7/2010 Agricultural Trader Index Month 2 9.73 4/2010 Discretionary Trader Index Month 3 9.73 4/2010 Agricultural Trader Index Month 2 5.05 2/2010 Discretionary Trader Index Month 10 5.05 2/2010 Discretionary Trader Index Month 3 7.66 1/2010 Agricultural Trader Index Month 3 7.66 1/2010 IASG CTA Index Month 7 7.66 1/2010 IASG CTA Index Month 4 13.18 12/2009 IASG CTA Index 3 Year 2 1,424.68 2006 - 2009 Agricultural Trader Index Month 1 13.18 12/2009 Discretionary Trader Index Month 1 13.18 12/2009 Agricultural Trader Index Month 2 6.49 11/2009 Agricultural Trader Index Month 4 2.63 10/2009 Agricultural Trader Index Month 3 5.32 9/2009 Discretionary Trader Index Month 9 5.32 9/2009 Agricultural Trader Index Month 2 9.56 8/2009 Discretionary Trader Index Month 6 9.56 8/2009 Agricultural Trader Index Month 3 8.74 5/2009 Discretionary Trader Index Month 8 8.74 5/2009 Discretionary Trader Index Month 9 4.75 4/2009 Agricultural Trader Index Month 2 4.75 4/2009 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