Barrick mining corp GOLD.US Swing Trading Analysis
US StockBasic Materials
(Powered by 
)
)GOLD
Barrick mining corp
18.86D
-2.78%
(-0.54)
GOLD Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates GOLD 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 37 trades with a 40.54% win rate and an average profit/loss of 2.61%.
GOLD Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
GOLD 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 GOLD from 2007/01 till Now
- 103.00%
- Cumulative Return
- 3.94%
- Annual Return
- 33.68%
- Volatility
- 0.12
- 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: 149)
| GOLD | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 42% | 43% | 43% |
| Avg Return | 1.3% | 1.5% | 2.2% |
| Avg Profit | 10.1% | 13.1% | 14.5% |
| Avg Loss | -5.1% | -7.4% | -7.3% |
| Avg Risk-Reward Ratio | 198.6% | 178% | 199.5% |
Update to 2025/5/9 (Daily Update)