Posco holdings inc PKX.US Swing Trading Analysis
US StockBasic Materials
PKX Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates PKX 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 44 trades with a 31.82% win rate and an average profit/loss of 1.65%.
PKX Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
PKX 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 PKX from 2007/01 till Now
- 51.15%
- Cumulative Return
- 2.36%
- Annual Return
- 29.04%
- Volatility
- 0.08
- 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 September, 2024. (Total Trades: 134)
| PKX | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 44% | 43% | 43% |
| Avg Return | 0.9% | 1.4% | 2.3% |
| Avg Profit | 9.2% | 13.1% | 14.8% |
| Avg Loss | -5.7% | -7.4% | -7.3% |
| Avg Risk-Reward Ratio | 162.9% | 176.6% | 203.2% |
Update to 2024/9/14 (Daily Update)