Typhon Capital Management, LLC : Vulcan Metals Strategy

Year-to-Date
0.61%
Oct Performance
0.21%
Min Investment
$ 2,000k
Mgmt. Fee
2.00%
Perf. Fee
20.00%
Annualized Vol
6.30%
Sharpe (RFR=1%)
1.85
CAROR
13.21%
Assets
$ 45.5M
Worst DD
-4.89
S&P Correlation
-0.04

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 Oct Qtr YTD 1yr 3yr 5yr 10yr Since
11/2011
Vulcan Metals Strategy 0.21 0.06 0.61 0.02 4.15 49.57 - 169.76
S&P 500 2.04 1.92 21.16 12.01 41.41 48.99 - 141.11
+/- S&P 500 -1.83 -1.86 -20.55 -11.99 -37.27 0.58 - 28.65

Strategy Description

Summary

The Vulcan Metals Strategy is a pure discretionary metals trading strategy managed by James Gallo, a NYMEX floor trader since 1987. Utilizing a global network of information on mining, usage, historical movements, and need, as well as proprietary research, the methodology is exacting... Read More

Account & Fees

Type
Managed Account
Minimum Investment
$ 2,000k
Trading Level Incremental Increase
$ 0k
CTA Max Funding Factor
Management Fee
2.00%
Performance Fee
20.00%
Average Commission
$0
Available to US Investors
Yes

Subscriptions

High Water Mark
Yes
Subscription Frequency
Daily
Redemption Frequency
1-7 Days
Investor Requirements
QEP
Lock-up Period
0

Trading

Trading Frequency
10000 RT/YR/$M
Avg. Margin-to-Equity
3%
Targeted Worst DD
Worst Peak-to-Trough
Sector Focus
Financial & Metals Traders

Holding Periods

Over 12 Months
0%
4-12 Months
1.00%
1-3 Months
9.00%
1-30 Days
80.00%
Intraday
10.00%

Decision-Making

Discretionary
100.00%
Systematic
0%

Strategy

Other
100.00%
Strategy Pie Chart

Composition

Industrial Metals
50.00%
Precious Metals
50.00%
Composition Pie Chart

Summary

The Vulcan Metals Strategy is a pure discretionary metals trading strategy managed by James Gallo, a NYMEX floor trader since 1987. Utilizing a global network of information on mining, usage, historical movements, and need, as well as proprietary research, the methodology is exacting yet flexible enough to capitalize on daily market irregularities. Vulcan trades a variety of metals including copper, gold, silver, platinum and palladium. Vulcan adapts to changing market conditions, the strategy employs intra-commodity spreads to yield additional low risk returns. Performance prior to June 2016 is proprietary pro forma for fees and commissions. DISCLAIMER: Performance prior to June 2016 is proprietary pro forma for 2/20 fees, at a 2.25M nominal account size, and an estimated $1,000 per month in extra commissions to reflect non-member rates by NAV Consulting, Inc. Performance thereafter is a composite of client accounts net of actual fees.

Investment Strategy

Vulcan trades a variety of metals including copper, gold, silver, platinum and palladium. Vulcan adapts to changing market conditions, the strategy employs intra-commodity spreads to yield additional low risk returns.

Risk Management

Protection is a key element in generating returns - robust risk management is at the core of this protection. Risk is actively managed through strict risk budget limits at portfolio and individual metal levels, with drawdown limits.

   

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
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
-4.89 2 4 10/1/2012 12/1/2012
-2.32 3 3 10/1/2016 1/1/2017
-1.81 1 1 2/1/2016 3/1/2016
-1.06 6 2 7/1/2018 1/1/2019
-0.89 3 - 5/1/2019 8/1/2019
-0.60 1 1 9/1/2013 10/1/2013
-0.49 1 1 9/1/2015 10/1/2015
-0.41 1 1 5/1/2018 6/1/2018
-0.23 1 1 5/1/2017 6/1/2017
-0.20 1 1 3/1/2019 4/1/2019
-0.06 1 1 2/1/2018 3/1/2018
-0.06 1 1 4/1/2013 5/1/2013
-0.05 1 1 9/1/2017 10/1/2017
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Consecutive Gains

Run-up Length (Mos.) Start End
63.37 23 11/1/2013 9/1/2015
31.22 12 11/1/2011 10/1/2012
8.37 4 11/1/2015 2/1/2016
7.18 4 6/1/2013 9/1/2013
6.59 7 4/1/2016 10/1/2016
5.71 4 1/1/2013 4/1/2013
2.49 4 2/1/2017 5/1/2017
1.57 4 11/1/2017 2/1/2018
1.50 1 7/1/2018 7/1/2018
1.23 2 2/1/2019 3/1/2019
0.94 3 7/1/2017 9/1/2017
0.78 2 4/1/2018 5/1/2018
0.54 2 9/1/2019 10/1/2019
0.34 1 5/1/2019 5/1/2019
0.18 1 12/1/2018 12/1/2018
0.05 1 10/1/2018 10/1/2018
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Consecutive Losses

Run-up Length (Mos.) Start End
-4.89 2 11/1/2012 12/1/2012
-2.32 3 11/1/2016 1/1/2017
-1.81 1 3/1/2016 3/1/2016
-0.89 3 6/1/2019 8/1/2019
-0.77 1 11/1/2018 11/1/2018
-0.60 1 10/1/2013 10/1/2013
-0.49 1 10/1/2015 10/1/2015
-0.41 1 6/1/2018 6/1/2018
-0.40 1 1/1/2019 1/1/2019
-0.23 1 6/1/2017 6/1/2017
-0.20 1 4/1/2019 4/1/2019
-0.12 2 8/1/2018 9/1/2018
-0.06 1 3/1/2018 3/1/2018
-0.06 1 5/1/2013 5/1/2013
-0.05 1 10/1/2017 10/1/2017
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Time Windows Analysis

 1 Month3 Month6 Month12 Month18 Month2 Year3 Year4 Year5 Year
Number of Periods96.0094.0091.0085.0079.0073.0061.0049.0037.00
Percent Profitable78.1384.0490.1196.47100.00100.00100.00100.00100.00
Average Period Return1.063.256.7613.8122.1031.6453.6278.6899.66
Average Gain1.534.087.5914.3222.1031.6453.6278.6899.66
Average Loss-0.64-1.15-0.74-0.25
Best Period8.2913.7022.8231.2247.3467.4295.64138.60159.02
Worst Period-4.44-3.90-1.77-0.501.212.953.8917.3149.57
Standard Deviation1.823.716.4111.0416.1121.8531.9736.3430.83
Gain Standard Deviation1.723.436.2210.9016.1121.8531.9736.3430.83
Loss Standard Deviation0.971.240.590.22
Sharpe Ratio (1%)0.530.810.981.161.281.361.582.053.07
Average Gain / Average Loss2.413.5510.2757.18
Profit / Loss Ratio8.5918.7093.621562.79
Downside Deviation (10%)0.671.111.342.042.583.104.000.98
Downside Deviation (5%)0.560.740.440.260.04
Downside Deviation (0%)0.530.660.290.06
Sortino Ratio (10%)0.971.823.204.315.616.909.4758.43
Sortino Ratio (5%)1.754.0814.3848.92582.33
Sortino Ratio (0%)1.984.9023.30239.69

Top Performer Badges

Index Award Type Rank Performance Period
IASG CTA Index Sharpe 3 2.00 2017 - 2018
IASG CTA Index 5 Year Rolling 9 84.87 2013 - 2018
IASG CTA Index Sharpe 5 2.19 2016 - 2017
IASG CTA Index 5 Year Rolling 5 110.03 2012 - 2017
IASG CTA Index 3 Year Rolling 9 75.44 2013 - 2016
IASG CTA Index 5 Year Rolling 3 151.06 2011 - 2016
IASG CTA Index Sharpe 1 2.42 2015 - 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.