Covenant logistics group inc CVLG.US Swing Trading Analysis
US StockIndustrials
CVLG Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates CVLG 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 28 trades with a 35.71% win rate and an average profit/loss of 12.75%.
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
- 277.25%
- Cumulative Return
- 7.71%
- Annual Return
- 48.97%
- Volatility
- 0.16
- 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, 2024. (Total Trades: 132)
| CVLG | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 42% | 44% | 43% |
| Avg Return | 2.3% | 3.5% | 2.3% |
| Avg Profit | 16.1% | 16.7% | 14.7% |
| Avg Loss | -7.6% | -7% | -7.3% |
| Avg Risk-Reward Ratio | 211.9% | 238.3% | 202.2% |
Update to 2024/12/1 (Daily Update)