Study: Buy JUBLFOOD 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 JUBLFOOD 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 JUBLFOOD 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
138683.0232191359.384531.338770.89-3647.09-11358.111.241.820.081208.84
243336.1432191359.384852.049504.22-3757.9-7432.261.291.890.091354.25
346363.632191359.385333.3310696.32-4228.44-10460.821.261.840.0811448.86
483974.0232181456.257809.8621063.31-4043.11-9072.771.932.480.112624.19
591933.063216165010510.6933096.76-4764.87-12007.912.212.210.092872.91
610922232181456.2510530.627851-5737.75-20976.081.842.360.0993413.19
793553.232191359.3810004.826867.42-7425.99-21119.151.351.970.0852923.54
811015132191359.3811352.5727741.16-8119.09-21429.141.42.040.093442.21
996768.9832201262.510497.1526750.4-9431.18-21007.871.111.860.083024.03
1089218.0432201262.511005.5327702.15-10907.72-18845.881.011.680.0682788.06

From the table above, we see that best results are achieved by holding positions for 4 trading days. Profit factor is 2.48. Strategy is showing mildly bullish results but we advice not to take a call solely on the basis of this study. Percentage of profitable trades is 56.25%, which is not acceptable. Avoid this strategy. Average return per trade is 1.31%, which is not very high, don't trade solely on the basis of this study.
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.
JUBLFOOD Performance, X=4, Profit Factor:2.48

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2019212 Apr 2019 (-2.24%), 04 Jun 2019 (-2.5%)
2018107 Mar 2018 (4.14%)
2017410 Apr 2017 (-3.97%), 26 Apr 2017 (0.8%), 27 Sep 2017 (3.8%), 28 Dec 2017 (8.24%)
2015509 Jan 2015 (2.81%), 23 Jan 2015 (-0.31%), 19 Mar 2015 (0.32%), 07 Apr 2015 (2.31%), 28 Jul 2015 (3.36%)
2014515 Jul 2014 (6.13%), 31 Jul 2014 (-1.51%), 19 Aug 2014 (4.52%), 07 Nov 2014 (10.53%), 26 Dec 2014 (1.17%)
2013208 Jan 2013 (-4.54%), 27 Dec 2013 (1.54%)
2012907 May 2012 (2.01%), 21 May 2012 (9.86%), 21 Jun 2012 (-4.2%), 19 Jul 2012 (-2.09%), 08 Aug 2012 (-1.23%), 03 Sep 2012 (3.79%), 23 Oct 2012 (-0.17%), 07 Dec 2012 (1.57%), 21 Dec 2012 (-0.83%)
2011413 Jan 2011 (-2.32%), 08 Mar 2011 (-2.18%), 24 Mar 2011 (-0.21%), 14 Sep 2011 (3.4%)

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-1483974.0232181456.257809.8621063.31-4043.11-9072.771.932.480.112624.19
50trail-13.4365437.0547153231.919742.0333761.61-2521.67-3924.313.861.810.0531392.28
atrtrail-16.1672589.5338142436.8412944.547963.95-4526.39-10693.862.861.670.0531910.25
atrtrail34.9564304.4338142436.8412352.727890.06-4526.39-10693.862.731.590.0531692.22
50nil32.5640662.2645153033.338690.3111708.2-2989.75-3924.312.911.450.052903.61
50trail21.6134052.3951203139.225951.857805.47-2741.44-3924.312.171.40.05667.69
50nil21.6733660.9349202940.825951.857805.47-2944-3924.312.021.390.05686.96
50trail32.2527780.548183037.56029.2911708.2-2691.56-3924.312.241.340.039578.76
atrtrail24.5527399.0238142436.849716.618593.37-4526.39-10693.862.151.250.028721.03
atrnil3735220.763192229.0321107.6627890.06-7034.01-10693.8631.230.0281136.15
atrnil25.8215582.933122136.3613739.1218593.37-7108.88-10693.861.931.10.015472.21

In the table above, row 1 shows the best exit criterion. Profit factor is 2.48. Strategy is showing mildly bullish results but we advice not to take a call solely on the basis of this study. Percentage of profitable trades is 56.25%, which is not acceptable. Avoid this strategy. Average return per trade is 1.31%, which is not very high, don't trade solely on the basis of this study.
Performance of strategy chart over time is same as above.

View performance of other stocks for this trading system.

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