Golden ocean group ltd GOGL.US Swing Trading Analysis
US StockIndustrials
GOGL Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates GOGL with a higher swing trading score of 4.
- 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 4 and exiting with a score of 1, resulted in 36 trades with a 30.56% win rate and an average profit/loss of 4.12%.
GOGL Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
GOGL 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 GOGL from 2007/01 till Now
- -78.06%
- Cumulative Return
- -7.94%
- Annual Return
- 43.31%
- 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 May, 2025. (Total Trades: 132)
GOGL | Sector | US Overall Market | |
---|---|---|---|
Wining Rate | 37% | 44% | 43% |
Avg Return | 0.4% | 3% | 2.2% |
Avg Profit | 14.4% | 15.6% | 14.5% |
Avg Loss | -8% | -7.1% | -7.3% |
Avg Risk-Reward Ratio | 180.7% | 220.9% | 199.9% |
Update to 2025/5/12 (Daily Update)