Veeco instruments inc.
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VECO Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates VECO 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 37 trades with a 40.54% win rate and an average profit/loss of 12.74%.
VECO Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
VECO 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 VECO from 2007/01 till Now
- 32.21%
- Cumulative Return
- 1.67%
- Annual Return
- 43.10%
- Volatility
- 0.04
- 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: 102)
| VECO | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 37% | 38% | 39% |
| Avg Return | 3.1% | 5.1% | 2.5% |
| Avg Profit | 21.9% | 27% | 17.9% |
| Avg Loss | -8.1% | -8.7% | -7.6% |
| Avg Risk-Reward Ratio | 269.5% | 310.3% | 235.8% |
Update to 2023/11/28 (Monthly Update)