Total return
Since inception
Four years.
Measured in markets.
Real market data presented as a transparent operating record not a promise. Northline executes inside the client's own U.S. regulated brokerage account.
PUBLISHED PERFORMANCE SNAPSHOTHeadline KPIs through Oct 2024
Annualized CAGR
Backtested · hypothetical
Average monthly
Since inception
Maximum drawdown
Peak-to-trough
Sharpe ratio
Risk-adjusted return
Profit factor
Gross win / gross loss
Average hold
Per trade
Trades / month
Monthly average
Past performance does not guarantee future results. Includes live, backtested, hypothetical, and simulated results. Trading involves risk of loss. See full disclosures ↗
ASYMMETRIC EDGE47.26%published win rate
A win rate below 50% is not a weakness; it is a feature of asymmetric risk management. The system profits on 47.26% of trades because losing trades are cut quickly and winning trades are allowed to run. The profit factor of 2.051 means the system generates $2.05 in gross profit for every $1.00 of gross loss. Edge comes from trade management, not prediction accuracy.
$2.05 gross profit$1.00 gross loss
01CUMULATIVE EQUITY
The full trajectory, not a selected window.
Move across the curve to inspect every published monthly observation from inception through the latest ledger entry.
Starting capital: $100,000Monthly ledger: Feb 2020 - Oct 2024Hover or drag to inspect
Past performance does not guarantee future results. Includes live, backtested, hypothetical, and simulated results. Trading involves risk of loss. See full disclosures ↗
02DRAWDOWN ANALYSIS
Downside, measured from every peak.
Drawdown tracks each decline from a portfolio high to the subsequent trough, showing how risk behaved throughout the complete published path.
ACTIVE OBSERVATIONOct 2024
DRAWDOWN0.00%
SERIES MAXIMUM-9.16%
PUBLISHED THROUGHOct 2024
MAXIMUM DRAWDOWN-9.16%Apr 2020
WORST MONTH-4.46%2020-02
RECOVERY PROFILEFastPublished characteristic
Past performance does not guarantee future results. Includes live, backtested, hypothetical, and simulated results. Trading involves risk of loss. See full disclosures ↗
03TRADE ASYMMETRY
The edge is in management, not prediction.
A sub-50% win rate is paired with larger average winners and tightly managed losing trades.
47.26%WIN RATE
TOTAL TRADES2,998
WINNING1,417
LOSING1,581
TRADE ASYMMETRY
PROFIT FACTOR2.051×
AVERAGE LOSER-$353.42
2.29×AVERAGE PAYOFF
AVERAGE WINNER$808.80
$1.00 GROSS LOSSGENERATED$2.05 GROSS PROFIT
Past performance does not guarantee future results. Includes live, backtested, hypothetical, and simulated results. Trading involves risk of loss. See full disclosures ↗
04MONTHLY RETURNS
Month-by-month performance.
Every published monthly observation from inception, including monthly and cumulative profit-and-loss and return figures.
MONTHOct 2024
MONTHLY P&L+$30,901.77
MONTHLY RETURN+4.71%
CUMULATIVE P&L$587,311.77
CUMULATIVE RETURN+587.31%
| Month | Monthly P&L | Monthly return | Cumulative P&L | Cumulative return |
|---|---|---|---|---|
| Jan 2024 | +$50,229.91 | +11.79% | $376,327.42 | +376.33% |
| Feb 2024 | +$30,301.86 | +6.36% | $406,629.28 | +406.63% |
| Mar 2024 | +$15,728.86 | +3.10% | $422,358.14 | +422.36% |
| Apr 2024 | +$35,845.74 | +6.86% | $458,203.88 | +458.20% |
| May 2024 | +$10,844.77 | +1.94% | $469,048.65 | +469.05% |
| Jun 2024 | -$13,106.89 | -2.30% | $455,941.76 | +455.94% |
| Jul 2024 | +$37,155.97 | +6.68% | $493,097.73 | +493.10% |
| Aug 2024 | +$22,353.45 | +3.77% | $515,451.18 | +515.45% |
| Sep 2024 | +$40,958.82 | +6.66% | $556,410.00 | +556.41% |
| Oct 2024 | +$30,901.77 | +4.71% | $587,311.77 | +587.31% |
AVERAGE MONTH+3.55%
BEST MONTH+23.50%2021-02
WORST MONTH-4.46%2020-02
NEGATIVE MONTHS10 / 57
Past performance does not guarantee future results. Includes live, backtested, hypothetical, and simulated results. Trading involves risk of loss. See full disclosures ↗
05ANNUAL PERFORMANCE
Positive in every published calendar year.
The annual record includes 2022, a sustained adverse regime for major U.S. equity indices.
+44.16%
2020$44,155
+99.27%
2021$143,107
+16.82%
2022$48,311
+26.98%
2023$90,524
+61.30%
2024 YTD$261,214
2022 REGIME CHECK
One market.
Three outcomes.
NASDAQ-35.00%
S&P 500-25.00%
NORTHLINE+16.82%
Northline maximum drawdown during 2022: approximately 3.58%Past performance does not guarantee future results. Includes live, backtested, hypothetical, and simulated results. Trading involves risk of loss. See full disclosures ↗
ANNUAL OPERATING LEDGER5 / 5 positive published years
| Year | Annual return | P&L | Cumulative return |
|---|---|---|---|
| 2020 | +44.16% | +$44,155 | +44.16% |
| 2021 | +99.27% | +$143,107 | +187.26% |
| 2022 | +16.82% | +$48,311 | +235.57% |
| 2023 | +26.98% | +$90,524 | +326.10% |
| 2024 YTD | +61.30% | +$261,214 | +587.31% |
Past performance does not guarantee future results. Includes live, backtested, hypothetical, and simulated results. Trading involves risk of loss. See full disclosures ↗
06RISK-ADJUSTED CONTEXT
Return is only half the record.
Risk-adjusted measurements show how efficiently the published return was generated and how downside was contained.
SHARPE RATIOEXCEPTIONAL
3.176RETURN / VOLATILITY
04.0
Published return per unit of volatility. Above three is commonly regarded as exceptional.
PROFIT FACTORPOSITIVE EDGE
2.051GROSS WIN / LOSS
03.0
Gross winning trades divided by gross losing trades across the stated record.
MAX DRAWDOWNCONTAINED
-9.16%PEAK / TROUGH
0%-25%
Largest published peak-to-trough decline, recorded in the early months of the series.
Past performance does not guarantee future results. Includes live, backtested, hypothetical, and simulated results. Trading involves risk of loss. See full disclosures ↗
07 / GET STARTED
From review
to execution.
The published onboarding path is structured in three clear stages.
- 01PRIVATE REVIEW
Schedule a consultation.
Review the strategy, performance record, risk framework, and eligibility with the Vori Research team.
- 02ACCOUNT CONNECTION
Connect your brokerage.
Accepted clients connect an Interactive Brokers account through a guided API configuration.
- 03SYSTEM ONLINE
Northline runs. You observe.
Execution operates automatically inside the client-owned account, with each trade visible in real time.
SEEN ENOUGH TO HAVE A CONVERSATION?
Seen enough to have a conversation?
If the data meets your standards, the next step is a private methodology walkthrough where we cover the strategy in full detail.
Past performance does not guarantee future results. Includes live, backtested, hypothetical, and simulated results. Trading involves risk of loss. See full disclosures ↗