ACN Swing Trading Score
3
24
15
Explosive Bullish
- AI analysis rates ACN with the highest swing trading score of 5.
- It is mainly due to the positive AI swing signal,along with the relatively low short-term volatility.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 5 and exiting with a score of 1, resulted in 21 trades with a 66.67% win rate and an average profit/loss of 9.16%.
ACN Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
ACN 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 ACN from 2007/01 till Now
- 376.84%
- Cumulative Return
- 9.31%
- Annual Return
- 19.85%
- Volatility
- 0.47
- 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 July, 2024. (Total Trades: 119)
| ACN | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 52% | 42% | 43% |
| Avg Return | 1.5% | 4.8% | 2.4% |
| Avg Profit | 5.8% | 22.7% | 15.1% |
| Avg Loss | -3.1% | -8.5% | -7.3% |
| Avg Risk-Reward Ratio | 185% | 269% | 205.8% |
Update to 2024/7/27 (Daily Update)