Study: Buy KAJARIACER when above 200 SMA

home > technical-strategy > kajariacer > 58

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

X Analysis

In the table below, we find out the performance of this trading strategy under following scenario: buy KAJARIACER 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
1-16487.2845222348.893621.9615037.59-4181.32-12650.330.870.83-0.014-366.38
2-18602.3845212446.675551.129665.07-5632.31-21770.480.990.86-0.011-413.39
3-33575.445222348.896513.7228298.02-7690.31-25125.630.850.81-0.015-746.12
4-28432.1545212446.678281.9731168.83-8431.4-27252.50.980.86-0.011-631.83
5-17930.245232251.117233.8525427.2-8377.67-26565.970.860.9-0.0078-398.45
6-52067.4845212446.677080.319638.83-8364.74-33496.220.850.74-0.023-1157.06
726684.7145242153.338582.7517824.38-8538.16-35362.061.011.150.011592.99
86410.3245281762.227227.7620183.49-11527.47-42558.860.631.030.0024142.45
99225.65452718608293.9326336.98-11928.36-39982.230.71.040.0032205.01
1041814.1845252055.5610616.6128292.12-11180.06-34029.320.951.190.014929.2
Although, strategy looks good but profit factor on day 6 is less than minimum accepted value so avoid this, see below for further analysis.

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
atrtrail-16.7913265668204829.4122489.7170312-6607.05-19795.243.41.420.0171950.82
atrnil26.9774288.6759194032.222224.9942627.43-8699.65-20400.432.551.210.0161259.13
atrtrail24.6516417.9768214730.8815874.7142627.43-6743.64-19795.242.351.050.0039241.44
atrtrail35.26-3379.2768204829.4115687.9548611.38-6607.05-19795.242.370.99-0.00081-49.7
atrnil39.09-28337.856134323.2128008.8448611.38-9126.81-21313.723.070.93-0.0062-506.03

In the table above, row 1 shows the best exit criterion. Profit factor is 1.42. 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 29.41%, which is not acceptable. Avoid this strategy. Average return per trade is 0.98%, which is not very high, don't trade solely on the basis of this study. Sharpe Ratio is 0.017, which is low, don't trade solely on the basis of this study.
In the chart below, we plot cumulative trade gain versus trades using the best exit criterion.
KAJARIACER Performance, Profit Factor:1.42

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2019811 Feb 2019 (-1.0%), 18 Feb 2019 (14.84%), 06 May 2019 (-2.92%), 07 May 2019 (-1.75%), 17 Jun 2019 (-3.03%), 21 Jun 2019 (1.32%), 10 Jul 2019 (-0.46%), 18 Jul 2019 (-3.61%)
2018125 Jan 2018 (-2.47%)
2017307 Aug 2017 (-2.22%), 09 Aug 2017 (-2.87%), 27 Oct 2017 (-2.85%)
2016614 Jan 2016 (-1.73%), 18 Jan 2016 (4.38%), 11 Feb 2016 (-3.34%), 12 Feb 2016 (-1.05%), 21 Oct 2016 (-3.31%), 27 Oct 2016 (4.53%)
2015427 Apr 2015 (7.98%), 11 Jun 2015 (-2.14%), 29 Jun 2015 (-1.71%), 20 Aug 2015 (-2.6%)
2014703 Mar 2014 (85.16%), 19 Jun 2014 (2.55%), 28 Oct 2014 (-1.12%), 08 Dec 2014 (-2.49%), 12 Dec 2014 (-2.5%), 16 Dec 2014 (-2.62%), 17 Dec 2014 (5.15%)
2013518 Jan 2013 (-4.34%), 21 Jan 2013 (-2.41%), 12 Feb 2013 (-2.14%), 25 Feb 2013 (-3.43%), 06 Aug 2013 (0.07%)
2012609 May 2012 (-1.51%), 17 May 2012 (1.44%), 04 Jun 2012 (10.63%), 29 Aug 2012 (-3.17%), 30 Aug 2012 (-1.09%), 20 Dec 2012 (-4.06%)
2011606 Jan 2011 (-4.09%), 11 Nov 2011 (-2.96%), 14 Nov 2011 (-3.29%), 15 Nov 2011 (-3.42%), 16 Nov 2011 (-3.97%), 21 Nov 2011 (-5.21%)
2010207 Jun 2010 (-4.6%), 08 Jun 2010 (6.49%)
2009223 Jun 2009 (0.84%), 03 Nov 2009 (14.76%)
2008203 Jun 2008 (-5.9%), 06 Oct 2008 (-8.17%)
2007216 Jan 2007 (-1.58%), 22 Jan 2007 (-5.36%)
2006121 Nov 2006 (-4.14%)
2004722 Jan 2004 (5.52%), 09 Feb 2004 (-1.52%), 18 Mar 2004 (-7.5%), 22 Mar 2004 (24.88%), 17 May 2004 (-0.09%), 28 May 2004 (-5.75%), 28 Sep 2004 (19.9%)
2000409 Feb 2000 (-9.55%), 14 Feb 2000 (6.98%), 09 Mar 2000 (-9.9%), 14 Mar 2000 (7.12%)
1997104 Feb 1997 (-1.64%)
1996125 Jun 1996 (0.36%)



View performance of other stocks for this trading system.

Get Clearnifty's Android App.

Get clearnifty on Google Play
Get clearnifty on Google Play