Corteva inc CTVA.US Swing Trading Analysis
US StockBasic Materials
CTVA Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates CTVA with a higher swing trading score of 4.
- It is mainly due to the positive AI swing signal.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 4 and exiting with a score of 1, resulted in 10 trades with a 70.0% win rate and an average profit/loss of 12.14%.
CTVA Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
CTVA 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 CTVA from 2019/05 till Now
- 29.55%
- Cumulative Return
- 4.80%
- Annual Return
- 25.88%
- Volatility
- 0.19
- 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 May, 2019 to December, 2024. (Total Trades: 39)
| CTVA | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 36% | 43% | 43% |
| Avg Return | 1.3% | 1.5% | 2.3% |
| Avg Profit | 10.5% | 13.1% | 14.7% |
| Avg Loss | -3.9% | -7.4% | -7.3% |
| Avg Risk-Reward Ratio | 270% | 176.3% | 202.2% |
Update to 2024/12/3 (Daily Update)