Matthews international corporation MATW.US Swing Trading Analysis
US Stockconsumer NonCyclical
MATW Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates MATW 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 26 trades with a 46.15% win rate and an average profit/loss of 4.85%.
MATW Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
MATW 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 MATW from 2007/01 till Now
- 192.94%
- Cumulative Return
- 6.19%
- Annual Return
- 25.14%
- Volatility
- 0.25
- 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 November, 2024. (Total Trades: 134)
| MATW | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 47% | 43% | 43% |
| Avg Return | 1.1% | 1% | 2.3% |
| Avg Profit | 6.8% | 10.6% | 14.7% |
| Avg Loss | -4% | -6.4% | -7.3% |
| Avg Risk-Reward Ratio | 173.1% | 166.7% | 202.2% |
Update to 2024/12/1 (Daily Update)