Typhon Capital Management, LLC : Tauros Livestock Strategy Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date N / A Nov Performance 1.52% Min Investment $ 250k Mgmt. Fee 2.00% Perf. Fee 25.00% Annualized Vol 11.19% Sharpe (RFR=1%) 1.04 CAROR 12.65% Assets $ 4.3M Worst DD -15.26 S&P Correlation 0.07 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 Nov Qtr 2020 1yr 3yr 5yr 10yr Since7/2009 Tauros Livestock Strategy 1.52 - - - - -4.71 41.97 141.96 S&P 500 3.42 - - - - 76.33 56.96 276.44 +/- S&P 500 -1.90 - - - - -81.04 -14.99 -134.48 Strategy Description SummaryThe Tauros Livestock Strategy is managed by the manager of the Plutus Grain Strategy, and combines fundamental analysis with technical entries and exits. The Tauros Livestock Strategy is predominantly a livestock spread scalping strategy, but it also periodically incorporates seasonal... Read More Account & Fees Type Managed Account Minimum Investment $ 250k Trading Level Incremental Increase $ 250k CTA Max Funding Factor 3.00 Management Fee 2.00% Performance Fee 25.00% Average Commission $7.50 Available to US Investors Yes Subscriptions High Water Mark Yes Subscription Frequency Daily Redemption Frequency Daily Investor Requirements QEP Lock-up Period 0 Trading Trading Frequency 1800 RT/YR/$M Avg. Margin-to-Equity 15% Targeted Worst DD Worst Peak-to-Trough -3.23% Sector Focus Agricultural Traders Holding Periods Over 12 Months 0% 4-12 Months 0% 1-3 Months 25.00% 1-30 Days 75.00% Intraday 0% Decision-Making Discretionary 100.00% Systematic 0% Strategy Momentum 2.00% Option-purchasing 2.00% Spreading/hedging 96.00% Composition Livestock 90.00% Grains 5.00% Interest Rates 5.00% SummaryThe Tauros Livestock Strategy is managed by the manager of the Plutus Grain Strategy, and combines fundamental analysis with technical entries and exits. The Tauros Livestock Strategy is predominantly a livestock spread scalping strategy, but it also periodically incorporates seasonal and momentum trades. It also may hedge its livestock positions using grains, financials, or other commodities and occasionally incorporates long options and spreads. It is never net short option premium. The majority of the trades are not held overnight, but it will sometimes take seasonal spread positions overnight from a few days to a few weeks. Performance is proprietary pro forma for fees.Investment StrategyTauros is primarily a livestock futures trading strategy with a small grain and treasury component. It also will employ energy, soft commodities, and options on occasion. Tauros mostly uses scalping strategies to exploit short-term market aberrations, in addition to some seasonal and momentum trades. Tauros uses fundamental analysis for trade conceptualization coupled with technical analysis to determine entry and exit points. Exit levels are determined before the trade is entered. The Program aims to "hit and run," taking small chunks from the market many times, only when there are readily defined trading opportunities with high probability of profit. The holding period for seasonal spread strategies ranges from a few days to a few weeks with hold times in excess of a month being rare. Flat price trades are typically entered and exited intraday, with the occasional overnight hold usually lasting less than 4 days.Risk ManagementTauros sets entry and exit points with clearly defined risk before a trade is entered. Often, the Program initially enters a trade with a partial position, then adds exposure as the trade progresses. Much of Tauros’s trading is intraday scalping, meaning the Program is not in the market for a long period of time. The risk/reward on these trades are usually not as high as those of longer-term trades, but Tauros executes only the highest probability trades to try and maximize the win rate. Tauros is also frequently flat ahead of major fundamental reports, and subsequently makes momentum trades following the reports. This greatly reduces the substantial risk of a unfavorable gap against the Program that could occur due to a surprise, adverse report. Tauros is never a net seller of options. 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 -15.26 19 12 9/1/2012 4/1/2014 -12.25 14 - 7/1/2015 9/1/2016 -4.22 3 2 12/1/2011 3/1/2012 -3.23 1 3 4/1/2010 5/1/2010 -2.02 1 1 10/1/2009 11/1/2009 -0.50 2 1 4/1/2015 6/1/2015 Show More Consecutive Gains Run-up Length (Mos.) Start End 74.50 17 8/1/2010 12/1/2011 31.23 5 12/1/2009 4/1/2010 15.98 4 7/1/2009 10/1/2009 14.83 4 5/1/2014 8/1/2014 10.04 6 4/1/2012 9/1/2012 8.45 2 10/1/2013 11/1/2013 7.44 4 10/1/2014 1/1/2015 6.13 2 3/1/2015 4/1/2015 3.01 1 7/1/2013 7/1/2013 2.42 1 6/1/2010 6/1/2010 1.56 2 10/1/2016 11/1/2016 0.95 1 7/1/2015 7/1/2015 0.90 1 8/1/2016 8/1/2016 0.79 1 2/1/2012 2/1/2012 0.35 1 6/1/2016 6/1/2016 0.13 1 4/1/2013 4/1/2013 Show More Consecutive Losses Run-up Length (Mos.) Start End -13.34 5 12/1/2013 4/1/2014 -10.78 10 8/1/2015 5/1/2016 -7.92 1 9/1/2014 9/1/2014 -6.20 6 10/1/2012 3/1/2013 -5.57 2 8/1/2013 9/1/2013 -3.64 1 3/1/2012 3/1/2012 -3.23 1 5/1/2010 5/1/2010 -2.30 1 9/1/2016 9/1/2016 -2.02 1 11/1/2009 11/1/2009 -1.96 1 7/1/2010 7/1/2010 -1.38 1 1/1/2012 1/1/2012 -1.31 2 5/1/2013 6/1/2013 -0.75 1 2/1/2015 2/1/2015 -0.58 1 7/1/2016 7/1/2016 -0.50 2 5/1/2015 6/1/2015 Show More Time Windows Analysis 1 Month3 Month6 Month12 Month18 Month2 Year3 Year4 Year5 Year Number of Periods89.0087.0084.0078.0072.0066.0054.0042.0030.00 Percent Profitable59.5560.9260.7162.8265.2871.2162.9678.5790.00 Average Period Return1.053.146.4813.4321.5128.7635.4243.5164.62 Average Gain2.947.3213.5124.8135.8242.3757.3856.9472.10 Average Loss-1.74-3.38-4.38-5.79-5.38-4.90-1.92-5.76-2.70 Best Period9.4922.6036.5962.8594.52131.09154.40147.06139.88 Worst Period-8.46-12.76-12.52-10.98-15.10-10.40-7.16-10.62-3.15 Standard Deviation3.237.0211.8921.8632.7442.9749.4347.5846.84 Gain Standard Deviation2.455.5110.0520.1032.2344.1250.7945.0343.20 Loss Standard Deviation1.962.952.923.535.033.521.813.680.72 Sharpe Ratio (1%)0.300.410.500.570.610.620.660.831.27 Average Gain / Average Loss1.692.173.094.286.668.6429.819.8826.73 Profit / Loss Ratio2.493.384.777.2312.5121.3850.6836.24240.58 Downside Deviation (10%)1.843.414.687.008.449.0211.8314.7112.88 Downside Deviation (5%)1.692.913.554.654.994.163.214.902.64 Downside Deviation (0%)1.652.793.284.124.303.211.593.110.87 Sortino Ratio (10%)0.350.560.861.201.652.051.661.492.87 Sortino Ratio (5%)0.570.991.692.674.016.4310.098.0522.57 Sortino Ratio (0%)0.631.131.983.265.008.9622.3113.9874.04 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. x {{title}} x {{title}} Add Cancel