Axon enterprise inc
US StockIndustrialsAerospace and Defense
AXON Swing Trading Score
3
24
15
Explosive Bullish
- AI analysis rates AXON 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 26 trades with a 53.85% win rate and an average profit/loss of 24.69%.
AXON Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
AXON 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 AXON from 2007/01 till Now
- 2166.67%
- Cumulative Return
- 20.31%
- Annual Return
- 41.49%
- Volatility
- 0.49
- 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 November, 2023. (Total Trades: 97)
| AXON | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 42% | 40% | 39% |
| Avg Return | 6% | 5.4% | 2.5% |
| Avg Profit | 24.6% | 24.2% | 17.9% |
| Avg Loss | -7.7% | -7.3% | -7.6% |
| Avg Risk-Reward Ratio | 320.9% | 332.4% | 235.8% |
Update to 2023/11/28 (Monthly Update)