ESS Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates ESS 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 25 trades with a 64.0% win rate and an average profit/loss of 4.95%.
ESS Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
ESS 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 ESS from 2007/01 till Now
- 111.55%
- Cumulative Return
- 4.36%
- Annual Return
- 23.62%
- Volatility
- 0.18
- 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 July, 2024. (Total Trades: 134)
| ESS | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 49% | 45% | 43% |
| Avg Return | 0.8% | 0.9% | 2.4% |
| Avg Profit | 5.7% | 8.4% | 15.1% |
| Avg Loss | -3.9% | -5.4% | -7.3% |
| Avg Risk-Reward Ratio | 147% | 154.7% | 205.8% |
Update to 2024/7/27 (Daily Update)