Performance

17 years.
Four methodologies.
One result.

Comprehensive empirical validation of the BLT Engine across every major market regime from 2008 to 2025. All results on QuantConnect Institutional — identical parameters throughout.

Summary statistics

The headline numbers.

×0
Equity growth
$1 → $3.94
0/17
Profitable
periods
+0%
Mean CAGR
crisis periods
Mean P/L
ratio
0%
Transaction costs
/ gross profit

Annual CAGR 2008–2025 (excl. 2013) · Crisis periods in dark red · Dashed = mean profitable years (+14.75%)

Cumulative equity growth from $1.00 · Final ×3.94 (+294%)

Monte Carlo simulation · n = 10,000 resamplings · Actual at 50.7th percentile

Sharpe vs Sortino by year · Sortino exceeds Sharpe in 11/13 profitable years

Market beta (β) by year · 95% Bootstrap CI [−0.080, 0.141] contains zero

Volatility–return scatter · r = 0.620 (p = 0.008) · 38% of CAGR variance explained by volatility — structural convexity confirmed

Regime analysis

Crisis periods:
highest absolute returns.

The BLT Engine demonstrates positive convexity: as market volatility increases, performance improves. Crisis-period CAGR mean of +19.6% vs +6.5% in normal periods.

Crisis & high-volatility periods

2008GFCGlobal Financial Crisis+41.33%
2020COVIDPandemic dislocation+45.26%
2010Post-GFC recovery volatility+37.30%
2011European debt crisis+0.58%
2022Ukraine + inflation surge+0.57%
Crisis mean CAGR+19.6%

Normal & low-volatility periods

2024Post-normalization+18.30%
2017Low-volatility bull market+15.61%
2021Pandemic recovery+13.25%
2019US–China trade war−9.12%
2016Sustained low volatility−7.58%
All periods mean CAGR+9.57%
Statistical validation

Four methodologies.
One conclusion.

All four independent statistical methodologies confirm the zero-beta property. The observed performance is representative — not a statistical artifact.

t = 0.626
Standard t-test
p = 0.540, fail to reject H₀
[−0.08, 0.14]
Bootstrap 95% CI
n = 10,000, contains zero
p ≈ 0.540
Permutation test
consistent with t-test
50.7th
MC percentile
representative performance

Forward trading
in progress.

Forward paper trading of the BLT Engine commenced in 2026. Live performance results will be published here transparently as they become available. A futures-based extension of the strategy is currently under active research and development — results to be disclosed upon completion of the validation process.

Live track record In progress
Paper trading start 2026
Futures extension R&D phase
Publication commitment Results published as available
Complete record

Period-by-period
breakdown.

All 17 annual periods. Identical strategy parameters throughout. Crisis periods highlighted.

YearCAGRBeta (β)Alpha (α) SharpeSortinoMax DDWin%P/LTrades

Read the research.

Seven independent SSRN working papers underpin these results.

View all papers →

This website is for informational purposes only and does not constitute an offer or solicitation to buy or sell any financial instrument. All performance data is backtested and simulated — not live. Past performance does not guarantee future results. OrgaX LLC. For qualified professional and institutional investors only. · Full legal disclaimers →