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Ligand pharmaceuticals inc

US StockHealth Care

LGND Swing Trading Score

3

24

15

Stable Action
  • AI analysis rates LGND with  a medium swing trading score of 3.
  • It is mainly due to  the relatively low short-term volatility ,but  .
  • It is recommended to monitor future changes in the swing trading score to determine the direction of future swings, whether they will be bullish or bearish.

LGND Historical Swing Trading Score

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

LGND 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 LGND from 2007/01 till Now

210.65%
Cumulative Return
6.94%
Annual Return
40.97%
Volatility
0.17
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: 108)

LGNDSectorUS Overall Market
Wining Rate43%37%39%
Avg Return2.6%1.2%2.6%
Avg Profit15.3%19.5%17.9%
Avg Loss-7%-9.6%-7.6%
Avg Risk-Reward Ratio217.7%202.7%235.7%

Update to 2023/12/5 (Monthly Update)

Top 10 High Relevance to LGND Swing Trading Score