Shore bancshares, inc.

US StockFinancials

SHBI Swing Trading Score

3

24

15

Stable Action
  • AI analysis rates SHBI with  a medium swing trading score of 3.
  • It is mainly due to  the relatively low stock price ,but  .
  • It is recommended to monitor future changes in the swing trading score to determine the direction of future swings, whether they will be bullish or bearish.

SHBI Historical Swing Trading Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

SHBI 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 SHBI from 2007/01 till Now

-74.14%
Cumulative Return
-7.57%
Annual Return
31.56%
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 January, 2007 to April, 2024. (Total Trades: 144)

SHBISectorUS Overall Market
Wining Rate42%45%43%
Avg Return-0.6%1%2.3%
Avg Profit5.8%8.8%15.3%
Avg Loss-5.3%-5.4%-7.5%
Avg Risk-Reward Ratio109.1%163.1%203.9%

Update to 2024/4/23 (Daily Update)

Top 10 High Relevance to SHBI Swing Trading Score