Tencent music entertainment group - adr TME.US Swing Trading Analysis
US StockTechnology
(No presentation for TME)
TME Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates TME with a higher swing trading score of 4.
- 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 4 and exiting with a score of 1, resulted in 11 trades with a 54.55% win rate and an average profit/loss of 2.56%.
TME Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
TME 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 TME from 2018/12 till Now
- 14.27%
- Cumulative Return
- 2.11%
- Annual Return
- 41.54%
- Volatility
- 0.05
- 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 December, 2018 to May, 2025. (Total Trades: 51)
| TME | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 37% | 43% | 43% |
| Avg Return | 1.3% | 4.5% | 2.3% |
| Avg Profit | 14.8% | 21.7% | 14.5% |
| Avg Loss | -7% | -8.5% | -7.3% |
| Avg Risk-Reward Ratio | 211.3% | 256.4% | 200.3% |
Update to 2025/5/14 (Daily Update)