Study: Buy FEDERALBNK when above 200 SMA and near 50 SMA and above 50 SMA and ADX is Trending

home > technical-strategy > federalbnk > 23

In this study, we evaluate the performance of strategy "Buy FEDERALBNK when above 200 SMA and near 50 SMA and above 50 SMA and ADX is Trending" under various conditions.

X Analysis

In the table below, we find out the performance of this trading strategy under following scenario: buy FEDERALBNK at the closing price whenever the signal triggers (Rs. 2Lac per trade). Then cover the position "X" trading days later at close_price i.e. sell after "X" trading days. Here are the results of this study:

X DaysNet ProfitTotal TradesWinning TradesLosing Trades% ProfitableAvg Winning TradeMax Winning TradeAvg Losing TradeMax Losing TradeWin/Loss RatioProfit FactorSharpe RatioAvg Trade
141565.36115645.4511376.527596.57-2552.86-9094.744.463.710.0843778.67
293203.99117463.6413933.636866.95-1082.8-2947.3712.8722.520.158473.09
390148.45118372.7312204.7431630.9-2496.48-5741.014.8913.040.168195.31
498753.45119281.8212642.0833819.74-7512.62-11533.971.687.570.178977.59
577972.48119281.8212004.8426180.26-15035.52-15211.970.83.590.137088.41
652813.94119281.829414.9622929.24-15960.34-18703.730.592.650.0924801.27
751537.62117463.6413518.3833132.2-10772.76-24262.891.252.20.0694685.24
817578.25116554.5513985.1329676.36-13266.51-26159.241.051.270.0231598.02
9-1210.91115645.4514780.5122145.92-12518.91-18833.611.180.98-0.0017-110.08
1031102.46115645.4519623.1543733.91-11168.88-23192.021.761.460.0342827.5

From the table above, we see that best results are achieved by holding positions for 2 trading days. Profit factor is 22.52. Strategy is very good and impressively bullish. Percentage of profitable trades is 63.64%, which is good. Average return per trade is 4.24%, which is very good.
In the chart below, we plot cumulative trade gain versus trades. This chart is important and informative as it shows the performance of strategy over time.
FEDERALBNK Performance, X=2, Profit Factor:22.5

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2014314 Jan 2014 (+), 03 Mar 2014 (+), 10 Jul 2014 (-)
2012213 Aug 2012 (+), 19 Nov 2012 (+)
2011115 Feb 2011 (-)
2010126 Nov 2010 (-)
2006112 Sep 2006 (+)
2004122 Jan 2004 (+)
1999106 Sep 1999 (-)
1998121 May 1998 (+)

Strategy Analysis - Exit Criteria

In the study above, exit criterion was that hold the position for "X" trading days. That's one possible exit criterion. However, we can have more elaborate exit criteria. Now we study this strategy under other exit criteria. There are 3 things which you must get to know before proceeding further. Table below shows the performance of this strategy under various exit combinations. Note that nil,nil,-1 is a special exit combination where we just take the best result of "X" Analysis study above.

Stop LossAdjust Stop LossTargetAvg Holding PeriodNet ProfitTotal TradesWinning TradesLosing Trades% ProfitableAvg Winning TradeMax Winning TradeAvg Losing TradeMax Losing TradeWin/Loss RatioProfit FactorSharpe RatioAvg Trade
nilnil-1293203.99117463.6413933.636866.95-1082.8-2947.3712.8722.520.158473.09
50trail-13.6463637.9148657.1410011.0826042.92-2741.78-3363.693.654.870.114545.56
50trail3239990.53148657.147055.159841.38-2741.78-3363.692.573.430.122856.47
50nil3234816.931477507871.729841.38-2897.88-3363.692.722.720.12486.92
50nil21.4725855.81596605045.286560.92-3258.63-3603.021.552.320.0931723.72
50trail21.4725855.81596605045.286560.92-3258.63-3603.021.552.320.0931723.72
atrnil36.5548784.06114736.3628433.2751913.59-9278.43-13647.533.061.750.0494434.91
atrtrail23.6222885.43136746.1511595.6434609.06-6669.77-12379.761.741.490.0311760.42
atrtrail34.1522350.29136746.1511506.4528145.98-6669.77-12379.761.731.480.0321719.25
atrnil25.0910873.04114736.3618955.5134609.06-9278.43-13647.532.041.170.015988.46
atrtrail-14.625808.49136746.158749.4819981.12-6669.77-12379.761.311.120.01446.81

In the table above, row 1 shows the best exit criterion. Profit factor is 22.52. Strategy is very good and impressively bullish. Percentage of profitable trades is 63.64%, which is good. Average return per trade is 4.24%, which is very good.
Performance of strategy chart over time is same as above.

View performance of other stocks for this trading system.