Soaring Pelican, LLC : Overnight Advantage

Year-to-Date
18.92%
Aug Performance
6.03%
Min Investment
$ 13k
Mgmt. Fee
0%
Perf. Fee
25.00%
Annualized Vol
12.12%
Sharpe (RFR=1%)
2.79
CAROR
-
Assets
$ 700k
Worst DD
-4.45
S&P Correlation
0.63

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 Aug Qtr YTD 1yr 3yr 5yr 10yr Since
11/2020
Overnight Advantage 6.03 5.14 18.92 - - - - 32.41
S&P 500 3.04 7.72 24.49 - - - - 29.11
+/- S&P 500 2.99 -2.59 -5.57 - - - - 3.31

Strategy Description

Summary

The Overnight Advantage program takes positions in the S&P 500 micro emini futures market with a holding period of 1-10 days. The strategy is mean reversion based in the direction of the underlying trend. ... Read More

Account & Fees

Type Managed Account
Minimum Investment $ 13k
Trading Level Incremental Increase $ 13k
CTA Max Funding Factor 2.00
Management Fee 0%
Performance Fee 25.00%
Average Commission $3.00
Available to US Investors Yes

Subscriptions

High Water Mark Yes
Subscription Frequency Daily
Redemption Frequency Daily
Investor Requirements Any Investor
Lock-up Period 0

Trading

Trading Frequency 13000 RT/YR/$M
Avg. Margin-to-Equity 15%
Targeted Worst DD -16.00%
Worst Peak-to-Trough 16.00%
Sector Focus Stock Index Traders

Holding Periods

Over 12 Months 0%
4-12 Months 0%
1-3 Months 0%
1-30 Days 100.00%
Intraday 0%

Decision-Making

Discretionary 0%
Systematic 100.00%

Strategy

Pattern Recognition
100.00%
Strategy Pie Chart

Composition

Stock Indices
100.00%
Composition Pie Chart

Summary

The Overnight Advantage program takes positions in the S&P 500 micro emini futures market with a holding period of 1-10 days. The strategy is mean reversion based in the direction of the underlying trend.

Investment Strategy

The systems used in this program were designed years ago and have performed well since their development. Up until recently the approach has not been tradeable due to the leverage and volatility inherent in the S&P emini contract. Since the development of the micro emini contract, which has reduced leverage, we are now able to offer this approach to clients.

Risk Management

Multiple entries are made into a trending market. Each entry risks approximately 2% of the unit size ($12,500). Stops are in the market during market hours, when the market opens beyond a stop the system exits on the open. This means that there will be times when the 2% stop is exceeded.

   

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.

Reward
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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
-4.45 3 1 4/1/2021 7/1/2021
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Consecutive Gains

Run-up Length (Mos.) Start End
30.70 6 11/1/2020 4/1/2021
6.03 1 8/1/2021 8/1/2021
1.44 1 6/1/2021 6/1/2021
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Consecutive Losses

Run-up Length (Mos.) Start End
-3.64 1 5/1/2021 5/1/2021
-2.25 1 7/1/2021 7/1/2021
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Top Performer Badges

Index Award Type Rank Performance Period

Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial.