Teck resources limited
US StockBasic MaterialsIndustrial Metals and Mining
TECK Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates TECK with a higher swing trading score of 4.
- It is mainly due to the positive AI swing signal, the relatively low short-term volatility,along with the relatively low stock price.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 4 and exiting with a score of 1, resulted in 34 trades with a 50.0% win rate and an average profit/loss of 25.1%.
TECK Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
TECK 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 TECK from 2007/01 till Now
- 1171.28%
- Cumulative Return
- 16.26%
- Annual Return
- 44.87%
- Volatility
- 0.36
- 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, 2023. (Total Trades: 108)
| TECK | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 44% | 39% | 39% |
| Avg Return | 4.4% | 1.3% | 2.5% |
| Avg Profit | 18.9% | 14.7% | 17.9% |
| Avg Loss | -6.7% | -7.3% | -7.6% |
| Avg Risk-Reward Ratio | 282.4% | 201.2% | 235.8% |
Update to 2023/11/28 (Monthly Update)