Study: Buy SRTRANSFIN when near 200 SMA and above 200 SMA and above 50 SMA and above 20 SMA

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In this study, we evaluate the performance of strategy "Buy SRTRANSFIN when near 200 SMA and above 200 SMA and above 50 SMA and above 20 SMA" under various conditions.

X Analysis

In the table below, we find out the performance of this trading strategy under following scenario: buy SRTRANSFIN 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
117591.49158753.333659.349691.63-1669.04-2990.252.192.510.0711172.77
2-7446.28158753.335667.9218502.2-7541.37-18090.450.750.86-0.012-496.42
310372.831569408875.529955.95-4764.46-15075.381.861.240.015691.52
424181.26158753.337368.5121145.37-4966.69-15989.061.481.70.0391612.08
534134.3915123805348.2220264.32-10014.75-14801.530.532.140.0592275.63
647236.6315123807011.0522026.43-12298.66-17331.450.572.280.0683149.11
728989.791510566.677283.4732599.12-8768.98-17085.430.831.660.0361932.65
824360.41510566.676496.3121145.37-8120.55-17085.430.81.60.0381624.03
9-31875.47158753.334836.7710572.69-10081.38-25924.50.480.55-0.046-2125.03
10-60493.7615312205177.8210269.71-6335.6-21105.530.820.2-0.11-4032.92

From the table above, we see that best results are achieved by holding positions for 1 trading days. Profit factor is 2.51. 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 53.33%, which is not acceptable. Avoid this strategy. Average return per trade is 0.59%, which is not very high, don't trade solely on the basis of this study. Sharpe Ratio is 0.071, which is low, 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.
SRTRANSFIN Performance, X=1, Profit Factor:2.51

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2019405 Mar 2019 (0.95%), 19 Mar 2019 (-1.16%), 03 Jun 2019 (-0.35%), 25 Sep 2019 (-1.12%)
2018101 Aug 2018 (-0.15%)
2017228 Mar 2017 (-1.06%), 12 Apr 2017 (-1.5%)
2016102 Mar 2016 (1.23%)
2012222 Mar 2012 (1.72%), 03 Jul 2012 (3.9%)
2008122 Aug 2008 (0.27%)
2006208 Sep 2006 (1.24%), 11 Oct 2006 (0.48%)
1998120 Apr 1998 (-0.5%)
1997123 Sep 1997 (4.85%)

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-1117591.49158753.333659.349691.63-1669.04-2990.252.192.510.0711172.77
200trail21.629144.5429111837.935675.097720.48-2960.08-3899.51.921.170.016315.33
200nil21.628356.7429111837.935675.097720.48-3003.84-3899.51.891.150.014288.16
200nil328752.382781929.638186.4710551.35-2986.28-3899.52.741.150.013324.16
200trail31.935588.552781929.637423.8910551.35-2831.71-3899.52.621.10.0089206.98
atrnil39.31-9155.86164122522530.927026.61-8273.29-11476.72.720.91-0.009-572.24
200trail-12.96-13900.072772025.936097.0623295.15-2828.98-3899.52.160.75-0.02-514.82
atrnil27.31-39197.07164122515020.618017.74-8273.29-11476.71.820.61-0.051-2449.82
atrtrail25.32-34263.891971236.846552.7618017.74-6677.77-10904.230.980.57-0.048-1803.36
atrtrail35.63-53114.141971236.843859.879233.35-6677.77-10904.230.580.34-0.1-2795.48
atrtrail-15.63-53114.141971236.843859.879233.35-6677.77-10904.230.580.34-0.1-2795.48

In the table above, row 1 shows the best exit criterion. Profit factor is 2.51. 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 53.33%, which is not acceptable. Avoid this strategy. Average return per trade is 0.59%, which is not very high, don't trade solely on the basis of this study. Sharpe Ratio is 0.071, which is low, 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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