新天地 8940.TW Swing Trading Analysis
TW StockTourism
(No presentation for 8940)
8940
新天地
22.50D
-0.44%
(-0.10)
8940 Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates 8940 with a higher swing trading score of 4.
- It is mainly due to the relatively low short-term volatility.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 4 and exiting with a score of 1, resulted in 26 trades with a 34.62% win rate and an average profit/loss of 1.73%.
8940 Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
8940 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 8940 from 2007/01 till Now
- -34.99%
- Cumulative Return
- -2.38%
- Annual Return
- 27.40%
- Volatility
- -0.09
- 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: 130)
| 8940 | Sector | TW Overall Market | |
|---|---|---|---|
| Wining Rate | 45% | 42% | 45% |
| Avg Return | 0.1% | 0.6% | 1.7% |
| Avg Profit | 5.7% | 9.6% | 11% |
| Avg Loss | -5.3% | -6.4% | -6.4% |
| Avg Risk-Reward Ratio | 107.8% | 148.4% | 171.9% |
Update to 2025/5/10 (Daily Update)