Study: Buy SUNTV when above 200 SMA and near 50 SMA and above 50 SMA

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

X Analysis

In the table below, we find out the performance of this trading strategy under following scenario: buy SUNTV 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
126557.2925169643629.098641.62-3500.9-8078.361.041.840.0761062.29
263876.5125178685481.4119422.98-3663.44-13326.881.53.180.122555.06
399864.5125223885481.2616337.69-6907.77-14463.660.795.820.223994.58
413338725205807845.8623905.2-4706.06-10037.491.676.670.225335.47
510359525196767337.2219526.02-5968.69-15019.951.233.890.164143.8
680047.8625196766444.0829718.99-7064.95-14391.10.912.890.113201.91
769565.94251510607481.3424290.61-4265.42-15092.511.752.630.112782.64
894421.9525187728521.524674.43-8423.58-19131.71.012.60.123776.88
985515.1725187728661.9324537.35-10057.08-17293.510.862.210.13420.61
1089482.9725178689688.9326593.56-9403.6-14632.971.032.190.0983579.32

From the table above, we see that best results are achieved by holding positions for 4 trading days. Profit factor is 6.67. Strategy is very good and impressively bullish. Percentage of profitable trades is 80%, which is excellent. Average return per trade is 2.67%, 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.
SUNTV Performance, X=4, Profit Factor:6.67

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2016407 Apr 2016 (1.46%), 23 May 2016 (4.47%), 10 Jun 2016 (1.42%), 01 Jul 2016 (2.39%)
2015325 Mar 2015 (5.44%), 06 Nov 2015 (3.28%), 07 Dec 2015 (0.3%)
2014116 May 2014 (11.95%)
2013313 Feb 2013 (1.19%), 23 May 2013 (4.53%), 08 Nov 2013 (-5.02%)
2012227 Aug 2012 (-1.42%), 31 Oct 2012 (4.16%)
2010524 Feb 2010 (5.52%), 05 May 2010 (2.87%), 20 Oct 2010 (1.72%), 09 Nov 2010 (0.71%), 09 Dec 2010 (3.69%)
2009530 Jun 2009 (-3.82%), 17 Jul 2009 (-0.02%), 12 Nov 2009 (1.45%), 27 Nov 2009 (4.6%), 11 Dec 2009 (-1.48%)
2007210 Apr 2007 (8.01%), 18 Sep 2007 (9.31%)

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-1413338725205807845.8623905.2-4706.06-10037.491.676.670.225335.47
atrtrail26.4516076731201164.5210679.9422238.32-4802.91-10442.022.224.040.175186.03
atrnil29.36201477251786815749.2422238.32-8282.5-14083.511.94.040.218059.08
atrtrail37.1914588031201164.529935.625670.86-4802.91-10442.022.073.760.144705.8
atrtrail-18.1314223931201164.529753.5646824.22-4802.91-10442.022.033.690.134588.36
atrnil314.0514139222101245.4524099.8333357.47-8300.49-14083.512.92.420.126426.93
50trail-13.4851467.5742152735.718270.6923768.96-2688.62-3761.383.081.710.0581225.42
50nil32.747741.25401426358890.0511665.22-2950.75-3874.283.011.620.0631193.53
50nil21.9843500.7343192444.196008.087776.81-2943.86-3834.062.041.620.0681011.64
50trail32.2135230.9742152735.717188.2511665.22-2688.62-3761.382.671.490.051838.83
50trail21.7327096.4644172738.645954.177776.81-2745.35-3783.12.171.370.043615.83

In the table above, row 1 shows the best exit criterion. Profit factor is 6.67. Strategy is very good and impressively bullish. Percentage of profitable trades is 80%, which is excellent. Average return per trade is 2.67%, which is very good.
Performance of strategy chart over time is same as above.

View performance of other stocks for this trading system.