Corteva inc CTVA.US Trend Analysis
CTVA Trend Score
3
24
15
- AI analysis rates CTVA with the highest trend score of 5.
- It is mainly due to a bullish signal from long-term moving averages , along with the positive AI trend signal.
- Historically, CTVA had a trend trading score of 5 on 24 occasions, with an average investment return of 2.4%. The win rate was 62%, with profits averaging 4.99% for the wining trades.
- Recently, following the change in CTVA's trend score to 5, the stock price has experienced a 2.96% decrease.
CTVA Trend Reference Factors
Exclusive
The Trend score is derived from various data, mainly including price, volume, technical indicators and other information. The following lists two important factors when evaluating.
Update to 2024/12/03 (Daily Update)
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CTVA Historical Trend Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
CTVA Trend Strategy Backtest
The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.
The Backtest Result of CTVA from 2019/05 till Now
- 41.22%
- Cumulative Return
- 6.45%
- Annual Return
- 22.79%
- Volatility
- 0.28
- Sharpe Ratio
Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from May, 2019 to December, 2024. (Total Trades: 11)
| CTVA | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 45% | 33% | 34% |
| Avg Return | 4.6% | 5.2% | 5.7% |
| Avg Profit | 16.4% | 37.4% | 38.4% |
| Avg Loss | -5.3% | -10.6% | -11% |
| Avg Risk-Reward Ratio | 308.2% | 354.1% | 349.9% |
Update to 2024/12/3 (Daily Update)