Volume & money flow · daily rule · Industrials & materials
Money Flow Index on Brookfield Business Corp
BBUC with the play, last two years
Shading shows the play's call from the close that triggered it.
Money Flow Index (14)
Dashed lines at 20, 80.
Growth of C$10,000 since 2022
Log scale. After trading costs, with T-bill interest while out.
The record
The play against buying and holding BBUC over exactly the same dates, after costs.
| Play, since 2022 | Hold, since 2022 | Play, 5 yrs | Hold, 5 yrs | |
|---|---|---|---|---|
| Annual return | +14.0% | −0.8% | +14.0% | −0.8% |
| Total return | +81% | −3% | +81% | −3% |
| Worst drawdown | −27.5% | −52.5% | −27.5% | −52.5% |
| Volatility | 23.1% | 39.8% | 23.1% | 39.8% |
| Sharpe ratio | 0.50 | 0.07 | 0.50 | 0.07 |
| Time invested | 23% | 100% | ||
| Switches per year | 3.1 | 0 |
Every call, graded
Right on 10 of 14 closed calls (71%). In calls averaged +6.8%; out calls saw BBUC move −3.2% on average.
| Called | Call | Price | Until | BBUC moved | Result |
|---|---|---|---|---|---|
| Apr 21, 2026 | OUT | C$46.34 | now | −19.7% | open |
| Mar 25, 2026 | IN | C$44.91 | Apr 21, 2026 | +3.2% | ✓ right |
| May 13, 2025 | OUT | C$39.76 | Mar 25, 2026 | +12.9% | ✕ wrong |
| Apr 9, 2025 | IN | C$34.00 | May 13, 2025 | +16.9% | ✓ right |
| Feb 13, 2024 | OUT | C$31.94 | Apr 9, 2025 | +6.4% | ✕ wrong |
| Jan 18, 2024 | IN | C$28.83 | Feb 13, 2024 | +10.8% | ✓ right |
| Dec 5, 2023 | OUT | C$25.47 | Jan 18, 2024 | +13.2% | ✕ wrong |
| Oct 10, 2023 | IN | C$23.54 | Dec 5, 2023 | +8.2% | ✓ right |
| Jul 27, 2023 | OUT | C$26.33 | Oct 10, 2023 | −10.6% | ✓ right |
| Apr 24, 2023 | IN | C$25.98 | Jul 27, 2023 | +1.4% | ✓ right |
| Nov 2, 2022 | OUT | C$30.81 | Apr 24, 2023 | −15.7% | ✓ right |
| Sep 7, 2022 | IN | C$31.74 | Nov 2, 2022 | −2.9% | ✕ wrong |
An in call is right when the price rose before the next call; an out call is right when it fell. The latest 12 of 15 calls shown.
How the play works
- In when the 14-day MFI crosses up through 20.
- Out when it crosses down through 80.
The creators also stress divergences, which this rule ignores.
The case against
Valeriy Zakamulin tested moving-average timing on up to 155 years of U.S. stock data and found no statistically significant edge in the second half of that record. The rules earned their keep in a few severe bear markets and lagged buy and hold for long stretches in between.