Macro#362tier 2experimental liveNew

epu shock defensives long

cadence: Dailydata: lowlong only
paper
2016
Source
Baker, S.R., Bloom, N., Davis, S.J. (2016). "Measuring Economic Policy Uncertainty." Quarterly Journal of Economics, 131(4), 1593-1636.
Read the paper →

What it checks

When the Economic Policy Uncertainty index spikes more than 1 standard deviation above its yearly average, investors rotate into defensive stocks (utilities, staples, gold). Go long the defensive basket for 1-3 months.

Mechanism

When the Baker-Bloom-Davis EPU index spikes (z > 1.0 vs trailing year), uncertainty-averse investors rotate from cyclical equities toward defensives. The defensive basket (utilities, consumer staples, gold proxies) outperforms by ~2-5% over 30-60 days post-shock.

No production champion data for this family yet. Stats appear once the discovery pipeline promotes at least one strategy with this family tag, or once a multi-family blend that includes it earns a champion slot.

Signal rule

epu_daily 252d z >= 1.0 / 1.5 (T+1) -> LONG defensive ticker (XLU, XLP, GLD, NEE, DUK, KO, PG, JNJ, etc.) for 30/60 trading days.

Data dependencies

  • daily_prices

    Adjusted-close OHLCV for every US-listed ticker; primary price feed.

  • epu_index

    Worker data table — see services/worker schema.

Expected edge

Paper alpha
+2-5% over 30-60d
Paper window
T+1 to T+60d

+2-5% over 30-60d on defensive basket post-EPU spike (BBD 2016).

Example tickers where this is likely to fire

Illustrative only — the signal fires based on the live data, not a fixed list.

Related families

Explore epu shock defensives long on alphactor.ai

See which tickers this family is currently firing on, with live signals and rankings.

For informational and educational purposes only. Not financial advice. Learn more