Meiragtx holdings plc MGTX.US Swing Trading Analysis
US StockHealth Care
(No presentation for MGTX)
MGTX Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates MGTX with a higher swing trading score of 4.
- It is mainly due to the positive AI swing signal,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 11 trades with a 45.45% win rate and an average profit/loss of 1.76%.
MGTX Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
MGTX 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 MGTX from 2018/06 till Now
- 17.46%
- Cumulative Return
- 2.36%
- Annual Return
- 43.62%
- Volatility
- 0.05
- 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 June, 2018 to May, 2025. (Total Trades: 63)
| MGTX | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 38% | 39% | 43% |
| Avg Return | 1.5% | 1.4% | 2.2% |
| Avg Profit | 15.5% | 18.7% | 14.5% |
| Avg Loss | -7.1% | -9.9% | -7.3% |
| Avg Risk-Reward Ratio | 217.9% | 189.6% | 199.5% |
Update to 2025/5/9 (Daily Update)