Africa Frontier

Frontier markets for diversification: Africa, Nigeria, S. Africa + gold miners

Total Return

+8.8%

Sharpe Ratio

-0.04

Max Drawdown

-21.5%

Win Rate

43.7%

Alpha

-20.3%

Comp. Score *

0.00

Risk Parameters

Max Allocation0.0%

Stop Loss21.5%

Take Profit5.0%

Max DD Tolerance21.5%

Rebalanceweekly

Execution Guidance

Order TypeLimit

Entry RuleBuy 0.5% below market in uptrend.

TimingSAFE TO BUY. *

ScalingEnter in 3 tranches over 1-2 weeks.

Positions — Vol-Adjusted Sizing

Symbol	Action	Vol	Stop Loss	Take Profit	Size	Links
HMY	BUY	61%	40.0% below entry	12.9% above entry	0.0%	TV YH
AFK	BUY	25%	22.4% below entry	5.2% above entry	0.0%	TV YH
EZA	BUY	28%	25.4% below entry	5.9% above entry	0.0%	TV YH
SBSW	BUY	67%	40.0% below entry	14.1% above entry	0.0%	TV YH

▶ For Passive Investors (Buy & Hold)

This strategy is NOT recommended for passive investing. It has low consistency across time periods or negative long-term returns. If you still want exposure: Limit to 5% of your portfolio maximum. Use the strategy orchestrator (conservative_regime) instead for passive allocation.

Avg 5Y Return

22.6%

Avg 5Y Sharpe

0.03

Avg 5Y Max DD

-24.5%

10Y Return (2015-2024)

13.0%

10Y Sharpe

-0.21

10Y Max DD

-25.3%

HODL Composite

0.06

Windows Tested

Consistency

43%