Tower semiconductor limited
US StockTechnologyTechnology Hardware and Equipment
TSEM Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates TSEM with a higher swing trading score of 4.
- It is mainly due to the positive AI swing signal.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 4 and exiting with a score of 1, resulted in 39 trades with a 33.33% win rate and an average profit/loss of 9.09%.
TSEM Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
TSEM 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 TSEM from 2007/01 till Now
- -61.27%
- Cumulative Return
- -5.47%
- Annual Return
- 41.77%
- Volatility
- -0.13
- 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)
| TSEM | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 29% | 38% | 39% |
| Avg Return | 1.2% | 5.1% | 2.5% |
| Avg Profit | 25.2% | 27% | 17.9% |
| Avg Loss | -8.5% | -8.7% | -7.6% |
| Avg Risk-Reward Ratio | 296.4% | 310.3% | 235.8% |
Update to 2023/11/28 (Monthly Update)