台榮 1220.TW Swing Trading Analysis

TW StockFoods

1220

台榮

16.20D

-0.61%

(-0.10)

1220 Swing Trading Score

3

24

15

Strong Bullish
  • AI analysis rates 1220 with  a higher swing trading score of 4.
  • It is mainly due to  the relatively low stock price.
  • Furthermore, based on historical backtesting, when entering with a swing trading score of 4 and exiting with a score of 1, resulted in 17 trades with a 64.71% win rate and an average profit/loss of 6.61%.

1220 Historical Swing Trading Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

1220 Swing Trading Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of 1220 from 2007/01 till Now

-29.55%
Cumulative Return
-2.00%
Annual Return
23.79%
Volatility
-0.08
Sharpe Ratio

Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from January, 2007 to October, 2024. (Total Trades: 114)

1220SectorTW Overall Market
Wining Rate44%47%44%
Avg Return0.1%1.3%1.1%
Avg Profit5.5%6.7%8.8%
Avg Loss-4.8%-3.8%-5.5%
Avg Risk-Reward Ratio114.4%176.5%161.6%

Update to 2024/10/22 (Daily Update)

Top 10 High Relevance to 1220 Swing Trading Score