Nuveen new york amt-free quality municipal income fund NRK.US Swing Trading Analysis
US StockFinancials
(No presentation for NRK)
NRK Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates NRK with a higher swing trading score of 4.
- It is mainly due to the positive AI swing signal, the relatively low short-term volatility,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 29 trades with a 44.83% win rate and an average profit/loss of 2.23%.
NRK Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
NRK 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 NRK from 2007/01 till Now
- 56.15%
- Cumulative Return
- 2.47%
- Annual Return
- 8.87%
- Volatility
- 0.28
- 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 May, 2025. (Total Trades: 103)
| NRK | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 52% | 46% | 43% |
| Avg Return | 0.5% | 1% | 2.2% |
| Avg Profit | 3% | 8% | 14.5% |
| Avg Loss | -2.3% | -5.1% | -7.3% |
| Avg Risk-Reward Ratio | 129.3% | 157.5% | 199.9% |
Update to 2025/5/12 (Daily Update)