Meiragtx holdings plc MGTX.US Trend Analysis

US StockHealth Care
(No presentation for MGTX)

MGTX Trend Score

3

24

15

Bearish
  • AI analysis rates MGTX   with a lower trend score of 2.
  • It is mainly due to  a bearish signal from short and long-term moving averages .
  • Historically, MGTX had a trend score of 2 on 82 occasions, with an average investment return of 2.65%. The loss rate was 62%, with an average decline of 5.59% for the losing trades.

MGTX Trend Reference Factors

Exclusive

The Trend score is derived from various data, mainly including price, volume, technical indicators and other information. The following lists two important factors when evaluating.

Update to 2025/05/08 (Daily Update)

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MGTX Historical Trend Score

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

MGTX Trend 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

-85.02%
Cumulative Return
-24.14%
Annual Return
25.42%
Volatility
-0.95
Sharpe Ratio

Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from June, 2018 to May, 2025. (Total Trades: 28)

MGTXSectorUS Overall Market
Wining Rate11%30%33%
Avg Return-6%0.9%1%
Avg Profit18.2%23.2%14.7%
Avg Loss-8.9%-8.8%-5.8%
Avg Risk-Reward Ratio203.4%261.9%252.7%

Update to 2025/5/8 (Daily Update)

Top 10 High Relevance to MGTX Trend Score