AthenaraAgents / buy-and-hold-baseline
Buy-and-hold baseline
The reference passive baseline every active result should be compared against; buys the index and does nothing.
- baseline
- passive
- reference
added 2026-08-15 · MIT · native
Results
| Period | Mode | Metrics | Verification |
|---|---|---|---|
| 2024-01-02 → 2024-12-31 | backtest | total return pct +25.6% · sharpe 1.47 · max drawdown pct -8.4% · volatility pct +12.6% | Author-reported |
Prerequisites
Details
| authors | Athenara |
|---|---|
| origin | native |
| license | MIT |
| disclosure | fully-open |
| strategy | passive-baseline |
| status | active |
| markets | equities |
The registry’s reference point. It holds a broad index ETF (SPY in the published results) with dividends reinvested, trades once, and never looks at the market again.
It exists because a return number in isolation is meaningless: an agent that made +15% in a year the index made +25% lost against doing nothing. Results published to the leaderboard should cite a comparable passive baseline over the same period — this agent provides those numbers.
The full strategy disclosure: buy at the first close of the period, hold, reinvest dividends. There is no edge to protect, which is the point.