Nexgen energy ltd (pre-merger) NXE.US Swing Trading Analysis
US StockEnergy
(No presentation for NXE)
NXE Swing Trading Score
3
24
15
Explosive Bullish
- AI analysis rates NXE 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.
NXE Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
NXE 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 NXE from 2013/08 till Now
- 308.48%
- Cumulative Return
- 14.14%
- Annual Return
- 58.60%
- Volatility
- 0.24
- 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 August, 2013 to May, 2025. (Total Trades: 70)
| NXE | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 40% | 43% | 43% |
| Avg Return | 5.8% | 1.7% | 2.2% |
| Avg Profit | 27.5% | 14.2% | 14.5% |
| Avg Loss | -8.7% | -7.8% | -7.3% |
| Avg Risk-Reward Ratio | 316.8% | 183.4% | 199.9% |
Update to 2025/5/10 (Daily Update)