Shore bancshares, inc.
US StockFinancials
SHBI Swing Trading Score
3
24
15
Explosive Bullish
- AI analysis rates SHBI 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.
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
- -37.51%
- Cumulative Return
- -2.76%
- Annual Return
- 29.52%
- Volatility
- -0.09
- 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: 95)
| SHBI | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 38% | 42% | 40% |
| Avg Return | 0.1% | 1.2% | 2.6% |
| Avg Profit | 9.4% | 10.3% | 17.8% |
| Avg Loss | -5.6% | -5.6% | -7.6% |
| Avg Risk-Reward Ratio | 168% | 184.3% | 235.6% |
Update to 2023/12/8 (Monthly Update)