Hsbc holdings plc

US StockFinancials

HSBC Swing Trading Score

3

24

15

Strong Bullish
  • AI analysis rates HSBC 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 43 trades with a 37.21% win rate and an average profit/loss of 1.53%.

HSBC Historical Swing Trading Score

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

HSBC 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 HSBC from 2007/01 till Now

-21.41%
Cumulative Return
-1.38%
Annual Return
21.66%
Volatility
-0.06
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 April, 2024. (Total Trades: 132)

HSBCSectorUS Overall Market
Wining Rate40%45%43%
Avg Return0.2%1%2.3%
Avg Profit6.5%8.8%15.2%
Avg Loss-4.1%-5.4%-7.5%
Avg Risk-Reward Ratio159%163.2%202.9%

Update to 2024/4/19 (Daily Update)

Top 10 High Relevance to HSBC Swing Trading Score