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ZA Banks (potential)

Live paper-track since 6 Jul 2026
Today-1.2%
Backtest CAGR+7.5%
Sharpe0.39
maxDD-50.3%
vol30.8%
edge vs JSE All Share-3.4%
Backtest vs JSE All Share
By calendar year vs JSE
YearStratJSEΔ
2026*+6.2%-2.3%+8.5%
2025-2.9%+37.7%-40.6%
2024+26.6%+12.1%+14.5%
2023+4.5%+2.0%+2.5%
2022+13.2%+1.4%+11.8%
2021+28.5%+21.8%+6.8%
2020-19.2%+4.7%-23.9%
2019*-1.0%-0.2%-0.8%
* partial year
⚠ current-composition backtest (survivorship-biased): today's recommended book held back in time, monthly equal-weight rebalance; a live forward track runs since inception

Performance vs index

PeriodStrategyJSE All Sharevs index
Day-1.2%-0.3%-0.9%
Week-2.9%+3.7%-6.6%
Month+2.3%+6.1%-3.9%

Portfolio (6 Jul 2026)

#HoldingWeightDayscore
1ABG
modelled potential +13%; equal weight 20.0%.
20.0%-1.5%13%
2SBK
modelled potential +10%; equal weight 20.0%.
20.0%-1.4%10%
3FSR
modelled potential +8%; equal weight 20.0%.
20.0%-1.1%8%
4NED
modelled potential +7%; equal weight 20.0%.
20.0%-1.5%7%
5CPI
modelled potential +3%; equal weight 20.0%.
20.0%-0.5%3%

Signal feed / trades

RebalanceSignalHoldingPrice (ZAR)WeightResult
6 Jul 2026
initial book
BuyABG
Absa Group
modelled potential +13%; equal weight 20.0%.
22 46420.0%
BuySBK
Standard Bank Group
modelled potential +10%; equal weight 20.0%.
32 42920.0%
BuyFSR
FirstRand
modelled potential +8%; equal weight 20.0%.
9 83920.0%
BuyNED
Nedbank Group
modelled potential +7%; equal weight 20.0%.
27 37420.0%
BuyCPI
Capitec Bank
modelled potential +3%; equal weight 20.0%.
479 44420.0%

Prices are the frozen close on the signal date — the price at which the live paper-book starts (buy) or stops (sell) holding the position. Sell result is the price change from the position's own buy signal, dividends not included.