Everest Formula 2022 Performance Report
Despite high volatility and a significant market drop, the Everest Formula still beat the U.S. stock index, albeit by having a negative return. From July 1 to December 31, the Everest Strategy registered an average gain of +8.8%, setting the consolidated performance for the whole of 2022 at an average of -10.3%, compared to the -19.5% of the S&P500 index.