StockMetrum performance 2023-2025

We’re approaching the three-year mark since we began daily estimation of the StockMetrum index - an indicator designed to gauge short-term investor confidence in U.S. equity market growth. Historically, the index has functioned as a coincident - rather than predictive - indicator of market bottoms. While it has aligned closely with troughs during the current cycle, its utility for guiding forward-looking allocation decisions remains limited. Importantly, this track record is drawn exclusively from the bull market that began in late 2022 - a rally that, as of early 2026, appears to still be intact. Consequently, the index has yet to be stress-tested across a full market cycle, including a sustained bear market or meaningful recessionary drawdown.

Publication date: 06/01/2026