Spotify technology sa SPOT.US Trend Analysis
)SPOT Trend Score
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- AI analysis rates SPOT with a higher trend score of 4.
- It is mainly due to a bullish signal from short and long-term moving averages .
- Historically, SPOT had a trend trading score of 4 on 34 occasions, with an average investment return of 7.81%. The win rate was 61%, with profits averaging 13.29% for the wining trades.
- Recently, following the change in SPOT's trend score to 4, the stock price has experienced a 9.37% increase.
SPOT Trend Reference Factors
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The Trend score is derived from various data, mainly including price, volume, technical indicators and other information. The following lists two important factors when evaluating.
Update to 2025/05/10 (Daily Update)
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SPOT Historical Trend Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
SPOT Trend Strategy Backtest
The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.
The Backtest Result of SPOT from 2018/04 till Now
- 205.22%
- Cumulative Return
- 17.10%
- Annual Return
- 26.63%
- Volatility
- 0.64
- Sharpe Ratio
Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from April, 2018 to May, 2025. (Total Trades: 22)
| SPOT | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 50% | 34% | 33% |
| Avg Return | 6.6% | 1.6% | 1% |
| Avg Profit | 20% | 19.3% | 14.7% |
| Avg Loss | -6.9% | -7.4% | -5.8% |
| Avg Risk-Reward Ratio | 290.8% | 261.2% | 252.7% |
Update to 2025/5/10 (Daily Update)