Resmed inc. RMD.US Swing Trading Analysis
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 18 trades with a 61.11% win rate and an average profit/loss of 15.32%.
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
- 404.15%
- Cumulative Return
- 9.46%
- Annual Return
- 23.53%
- Volatility
- 0.40
- 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, 2024. (Total Trades: 136)
| RMD | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 49% | 39% | 43% |
| Avg Return | 1.5% | 3.4% | 2.3% |
| Avg Profit | 7% | 23.7% | 14.7% |
| Avg Loss | -3.6% | -9.9% | -7.3% |
| Avg Risk-Reward Ratio | 192.4% | 238.2% | 202.2% |
Update to 2024/12/1 (Daily Update)