Devon energy corporation DVN.US Swing Trading Analysis
US StockEnergy
DVN Swing Trading Score
3
24
15
Explosive Bullish
- AI analysis rates DVN with the highest swing trading score of 5.
- It is mainly due to the positive AI swing signal, the relatively low short-term volatility,along with the relatively low stock price.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 5 and exiting with a score of 1, resulted in 26 trades with a 42.31% win rate and an average profit/loss of 9.38%.
DVN Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
DVN 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 DVN from 2007/01 till Now
- 152.57%
- Cumulative Return
- 5.19%
- Annual Return
- 32.19%
- 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 May, 2025. (Total Trades: 140)
DVN | Sector | US Overall Market | |
---|---|---|---|
Wining Rate | 46% | 43% | 43% |
Avg Return | 1.3% | 1.7% | 2.2% |
Avg Profit | 9.1% | 14.2% | 14.5% |
Avg Loss | -5.5% | -7.8% | -7.3% |
Avg Risk-Reward Ratio | 167.5% | 183.2% | 199.5% |
Update to 2025/5/9 (Daily Update)