新昕纖 4406.TW Swing Trading Analysis
TW StockTextiles
(No presentation for 4406)
4406 Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates 4406 with a higher swing trading score of 4.
- It is mainly due to the relatively low short-term volatility,along with 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 9 trades with a 55.56% win rate and an average profit/loss of 5.25%.
4406 Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
4406 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 4406 from 2007/01 till Now
- -15.93%
- Cumulative Return
- -0.97%
- Annual Return
- 32.10%
- Volatility
- -0.03
- 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 May, 2025. (Total Trades: 167)
| 4406 | Sector | TW Overall Market | |
|---|---|---|---|
| Wining Rate | 41% | 46% | 45% |
| Avg Return | 0.1% | 1.5% | 1.7% |
| Avg Profit | 5.2% | 9.6% | 11% |
| Avg Loss | -3.9% | -5.7% | -6.4% |
| Avg Risk-Reward Ratio | 133.8% | 169.4% | 171.9% |
Update to 2025/5/9 (Daily Update)