Nn, inc.
US StockIndustrials
NNBR Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates NNBR 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 30 trades with a 43.33% win rate and an average profit/loss of 21.13%.
NNBR Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
NNBR 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 NNBR from 2007/01 till Now
- 901.62%
- Cumulative Return
- 14.61%
- Annual Return
- 48.36%
- Volatility
- 0.30
- 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 December, 2023. (Total Trades: 115)
| NNBR | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 39% | 40% | 39% |
| Avg Return | 4% | 5.4% | 2.6% |
| Avg Profit | 22% | 24.2% | 17.9% |
| Avg Loss | -7.6% | -7.3% | -7.6% |
| Avg Risk-Reward Ratio | 289.3% | 331.9% | 235.7% |
Update to 2023/12/5 (Monthly Update)