FRME Swing Trading Score

3

24

15

Strong Bullish
  • AI analysis rates FRME 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 19 trades with a 47.37% win rate and an average profit/loss of 11.6%.

FRME Historical Swing Trading Score

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

FRME 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 FRME from 2007/01 till Now

12.53%
Cumulative Return
0.68%
Annual Return
31.12%
Volatility
0.02
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: 143)

FRMESectorUS Overall Market
Wining Rate46%46%43%
Avg Return0.5%1%2.3%
Avg Profit6.4%8%14.9%
Avg Loss-4.6%-5.1%-7.3%
Avg Risk-Reward Ratio141%157.9%203%

Update to 2024/7/13 (Daily Update)

Top 10 High Relevance to FRME Swing Trading Score