Covenant logistics group inc
US StockIndustrials
CVLG Swing Trading Score
3
24
15
Explosive Bullish
- AI analysis rates CVLG 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 24 trades with a 50.0% win rate and an average profit/loss of 12.23%.
CVLG Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
CVLG 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 CVLG from 2007/01 till Now
- 213.41%
- Cumulative Return
- 7.00%
- Annual Return
- 46.34%
- Volatility
- 0.15
- 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 December, 2023. (Total Trades: 117)
| CVLG | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 37% | 40% | 39% |
| Avg Return | 2.6% | 5.4% | 2.6% |
| Avg Profit | 20.1% | 24.2% | 17.9% |
| Avg Loss | -7.5% | -7.3% | -7.6% |
| Avg Risk-Reward Ratio | 268.5% | 331.9% | 235.7% |
Update to 2023/12/5 (Monthly Update)