Flex ltd
US StockTechnology
FLEX Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates FLEX with a higher swing trading score of 4.
- It is mainly due to the relatively low short-term volatility.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 4 and exiting with a score of 1, resulted in 26 trades with a 57.69% win rate and an average profit/loss of 11.47%.
FLEX Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
FLEX 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 FLEX from 2007/01 till Now
- 119.87%
- Cumulative Return
- 4.77%
- Annual Return
- 32.34%
- Volatility
- 0.15
- 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 December, 2023. (Total Trades: 91)
| FLEX | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 35% | 38% | 40% |
| Avg Return | 1.8% | 5.1% | 2.5% |
| Avg Profit | 15.9% | 27% | 17.8% |
| Avg Loss | -5.8% | -8.7% | -7.6% |
| Avg Risk-Reward Ratio | 273% | 309.6% | 235.4% |
Update to 2023/12/9 (Monthly Update)