Nouveau monde graphite inc NMG.US Trend Analysis

US StockBasic Materials
(No presentation for NMG)

NMG Trend Score

3

24

15

Bullish
  • AI analysis rates NMG   with a higher trend score of 4.
  • It is mainly due to  a bullish signal from short and long-term moving averages .
  • Historically, NMG had a trend trading score of 4 on 28 occasions, with an average investment return of 12.67%. The win rate was 25%, with profits averaging 57.88% for the wining trades.
  • Recently, following the change in NMG's trend score to 4, the stock price has experienced a 1.58% decrease.

NMG 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 2025/05/17 (Daily Update)

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NMG Historical Trend Score

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

NMG 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 NMG from 2014/08 till Now

20.44%
Cumulative Return
2.60%
Annual Return
46.50%
Volatility
0.06
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 August, 2014 to May, 2025. (Total Trades: 21)

NMGSectorUS Overall Market
Wining Rate24%33%33%
Avg Return5.1%1.1%1%
Avg Profit51.9%15.6%14.7%
Avg Loss-9.5%-6%-5.8%
Avg Risk-Reward Ratio545.1%258.7%252.9%

Update to 2025/5/19 (Daily Update)

Top 10 High Relevance to NMG Trend Score