Resmed inc.
US StockHealth Care
RMD Swing Trading Score
3
24
15
Explosive Bullish
- AI analysis rates RMD 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.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 5 and exiting with a score of 1, resulted in 23 trades with a 56.52% win rate and an average profit/loss of 12.61%.
RMD Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
RMD 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 RMD from 2007/01 till Now
- 332.99%
- Cumulative Return
- 9.05%
- Annual Return
- 25.52%
- Volatility
- 0.35
- 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: 96)
| RMD | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 40% | 37% | 40% |
| Avg Return | 2.2% | 1.2% | 2.5% |
| Avg Profit | 11.9% | 19.5% | 17.8% |
| Avg Loss | -4.1% | -9.6% | -7.6% |
| Avg Risk-Reward Ratio | 292.2% | 202.7% | 235.4% |
Update to 2023/12/9 (Monthly Update)