永立榮 6973.TW Swing Trading Analysis

TW StockBiotech. & Medical

6973 Swing Trading Score

3

24

15

Strong Bullish
  • AI analysis rates 6973 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.

6973 Historical Swing Trading Score

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

6973 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 6973 from 2023/07 till Now

24.94%
Cumulative Return
19.64%
Annual Return
28.48%
Volatility
0.69
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 July, 2023 to November, 2024. (Total Trades: 11)

6973SectorTW Overall Market
Wining Rate45%42%44%
Avg Return2.3%0.7%1.1%
Avg Profit7.8%8.6%8.8%
Avg Loss-3.4%-5.1%-5.5%
Avg Risk-Reward Ratio226.8%167.3%161.6%

Update to 2024/11/1 (Daily Update)

Top 10 High Relevance to 6973 Swing Trading Score