Motorcar parts of america, inc.
US StockConsumer CyclicalAutomobiles and Parts
MPAA Swing Trading Score
3
24
15
Explosive Bullish
- AI analysis rates MPAA with the highest swing trading score of 5.
- It is mainly due to the positive AI swing signal,along with the relatively low short-term volatility.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 5 and exiting with a score of 1, resulted in 25 trades with a 32.0% win rate and an average profit/loss of 15.38%.
MPAA Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
MPAA 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 MPAA from 2007/01 till Now
- -6.45%
- Cumulative Return
- -0.40%
- Annual Return
- 37.31%
- Volatility
- -0.01
- 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, 2023. (Total Trades: 120)
| MPAA | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 39% | 39% | 39% |
| Avg Return | 2.3% | 1.9% | 2.5% |
| Avg Profit | 16.8% | 16.3% | 17.9% |
| Avg Loss | -7.3% | -7.5% | -7.6% |
| Avg Risk-Reward Ratio | 231.5% | 218.1% | 235.8% |
Update to 2023/11/28 (Monthly Update)