ALB Swing Trading Score

3

24

15

Strong Bullish
  • AI analysis rates ALB with  a higher swing trading score of 4.
  • It is mainly due to  the positive AI swing signal,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 35 trades with a 40.0% win rate and an average profit/loss of 6.82%.

ALB Historical Swing Trading Score

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

ALB 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 ALB from 2007/01 till Now

37.87%
Cumulative Return
1.85%
Annual Return
31.50%
Volatility
0.06
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: 133)

ALBSectorUS Overall Market
Wining Rate43%43%43%
Avg Return0.9%1.6%2.3%
Avg Profit10.4%13.3%14.9%
Avg Loss-6.2%-7.4%-7.3%
Avg Risk-Reward Ratio167.8%179.1%203%

Update to 2024/7/13 (Daily Update)

Top 10 High Relevance to ALB Swing Trading Score