Northwest bancshares incorporation
US StockFinancialsBanks
NWBI Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates NWBI 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 27 trades with a 51.85% win rate and an average profit/loss of 3.87%.
NWBI Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
NWBI 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 NWBI from 2007/01 till Now
- 110.76%
- Cumulative Return
- 4.51%
- Annual Return
- 21.15%
- Volatility
- 0.21
- 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: 98)
| NWBI | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 46% | 42% | 39% |
| Avg Return | 1.1% | 1.1% | 2.5% |
| Avg Profit | 6.6% | 10.3% | 17.9% |
| Avg Loss | -3.6% | -5.6% | -7.6% |
| Avg Risk-Reward Ratio | 182.3% | 184.5% | 235.8% |
Update to 2023/11/28 (Monthly Update)