Covenant logistics group inc

US StockIndustrials

CVLG Swing Trading Score

3

24

15

Weakening Action
  • AI analysis rates CVLG with  a lower swing trading score of 2.
  • It is mainly due to  the negative AI swing signal.
  • Furthermore, based on the current swing trading score, the probability of future bullish swings occurring or continuing appears to be low.

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

213.13%
Cumulative Return
6.84%
Annual Return
49.55%
Volatility
0.14
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 April, 2024. (Total Trades: 124)

CVLGSectorUS Overall Market
Wining Rate40%44%43%
Avg Return2.3%3.5%2.3%
Avg Profit17.5%16.7%15.2%
Avg Loss-7.7%-7.1%-7.5%
Avg Risk-Reward Ratio227.4%235%203%

Update to 2024/4/17 (Daily Update)

Top 10 High Relevance to CVLG Swing Trading Score