Edesa biotech inc EDSA.US Trend Analysis

US StockHealth Care
(No presentation for EDSA)

EDSA Trend Score

3

24

15

Bearish
  • AI analysis rates EDSA   with a lower trend score of 2.
  • It is mainly due to  a bearish signal from short and long-term moving averages .
  • Historically, EDSA had a trend score of 2 on 146 occasions, with an average investment return of 4.38%. The loss rate was 71%, with an average decline of 8.97% for the losing trades.

EDSA 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 2025/05/08 (Daily Update)

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EDSA Historical Trend Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

EDSA Trend 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 EDSA from 2011/01 till Now

-87.62%
Cumulative Return
-14.15%
Annual Return
40.77%
Volatility
-0.35
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 January, 2011 to May, 2025. (Total Trades: 24)

EDSASectorUS Overall Market
Wining Rate17%30%33%
Avg Return-5.7%0.9%1%
Avg Profit34.4%23.2%14.7%
Avg Loss-13.7%-8.8%-5.8%
Avg Risk-Reward Ratio250.6%261.9%252.7%

Update to 2025/5/8 (Daily Update)

Top 10 High Relevance to EDSA Trend Score