Stock Selection Review | TSLA Returns 38.6%, Profit Around $3800; Overall Success Rate of 88.89%, Total Profit Over $17,000 (21-Oct to 25-Oct)
Tesla Motors, Inc. TSLA | 341.12 | -0.27% |
GOOSEHEAD INSURANCE, INC. GSHD | 121.94 | +1.25% |
Tapestry TPR | 56.05 | +1.36% |
Enova International Inc ENVA | 101.94 | +2.07% |
Stride LRN | 104.08 | +1.24% |
- Background of This Content；
- Backtest Results of Stock Selection Success Rate；
- Explanation of Stock Selection Parameters:
Hello readers,
Our quantitative team has been consistently updating multiple articles titled "Breakthrough And Pullback" on the SAHM platform. This column primarily tracks the U.S. stock market and selects stocks that exhibit technical breakthrough signals, as well as those that have retraced to important moving averages after breaking out, helping readers quickly follow the most robust stocks in the market. For more details about this column, you can refer to our recent updates.
Interested readers can follow our stock selection column "Breakthrough And Pullback", which is updated around 11:00 AM daily.
Previous Articles
Stock Selection Review | EXEL Returns Over 30%, 11 Out of 15 Trades Profitable, Nearly $7000 Total Profit in 3 Weeks (Oct 14th to Oct 18th) ——10/11/2024
Stock Selection Review | Maximum Return Rate of 33.84%, Success Rate of 75%(Sep 16th to Oct 18th): Test Results for Breakthrough and Pullback ——3/11/2024
Stock Selection Review | Success Rate Nearing 90%, Average Return of 4.96%: Test Results for Breakthrough and Pullback ——27/10/2024
How effective is our stock selection column? How about the success rate? Is it genuinely of reference value to our readers? Today's content will reveal the answers.
Below are our stock selection results, including the performance, individual stock returns, and other data. Based on the stock selection results, we can see that our stock selection success rate reached 88.89%, with an average return of 9.68%.
Following this, you will find a detailed explanation of our specific stock selection criteria, entry rules, and other relevant information.
Comprehensive Data
| Total Profit(USD) | 17432.19 |
| Overall Success Rate(%) | 88.89 |
| Number of Profitable Trades | 16 |
| Total Number of Trades | 18 |
| Average Return Rate(%) | 9.68 |
| Maximum Profit(USD) | 3777.78 |
| Maximum Return Rate(%) | 37.78 |
| Total Transaction Fees(USD) | 384.11 |
Note: The above profit and return rate have been adjusted for the default trading fees.
Individual Stock Performance
| Code | Profit(USD) | Return Rate(%) | Tech Signal | Price(USD) | Volume(Shares) | Date | Transaction Fees(USD) |
| Tesla Motors, Inc.(TSLA.US) | 0 | 0 | Buy | 252.48 | 39 | 24-Oct | 4.92 |
| 3803.18 | 38.62 | Take Profit | 350 | 39 | 11-Nov | 20.48 | |
| GOOSEHEAD INSURANCE, INC.(GSHD.US) | 0 | 0 | Buy | 100.07 | 99 | 24-Oct | 4.95 |
| 1892.63 | 19.1 | Close Position | 119.19 | 99 | 14-Nov | 17.7 | |
| Tapestry(TPR.US) | 0 | 0 | Buy | 50.09 | 199 | 25-Oct | 4.98 |
| 1537.52 | 15.42 | Close Position | 57.82 | 199 | 14-Nov | 17.26 | |
| Enova International Inc(ENVA.US) | 0 | 0 | Buy | 87.77 | 113 | 22-Oct | 4.96 |
| 1488.49 | 15.01 | Close Position | 100.94 | 113 | 14-Nov | 17.11 | |
| Stride(LRN.US) | 0 | 0 | Buy | 86.74 | 115 | 23-Oct | 4.99 |
| 1481.78 | 14.86 | Close Position | 99.62 | 115 | 14-Nov | 17.18 | |
| Mueller Industries, Inc.(MLI.US) | 0 | 0 | Buy | 80.46 | 124 | 22-Oct | 4.99 |
| 1201.87 | 12.05 | Close Position | 90.15 | 124 | 14-Nov | 16.77 | |
| Atmus Filtration Technologies Inc.(ATMU.US) | 0 | 0 | Buy | 38.62 | 258 | 22-Oct | 4.98 |
| 1156.16 | 11.6 | Close Position | 43.1 | 258 | 14-Nov | 16.68 | |
| General Motors Company(GM.US) | 0 | 0 | Buy | 51.98 | 192 | 22-Oct | 4.99 |
| 1083.12 | 10.85 | Close Position | 57.62 | 192 | 14-Nov | 16.59 | |
| Acuity Brands, Inc.(AYI.US) | 0 | 0 | Buy | 297.46 | 33 | 22-Oct | 4.91 |
| 1061.45 | 10.81 | Close Position | 329.63 | 33 | 14-Nov | 16.32 | |
| CONSTRUCTION PARTNERS, INC.(ROAD.US) | 0 | 0 | Buy | 81.42 | 122 | 21-Oct | 4.97 |
| 953.89 | 9.6 | Close Position | 89.24 | 122 | 14-Nov | 16.33 | |
| Manulife Financial Corporation(MFC.US) | 0 | 0 | Buy | 30.21 | 330 | 21-Oct | 4.98 |
| 878.21 | 8.81 | Close Position | 32.87 | 330 | 14-Nov | 16.27 | |
| Choice Hotels International, Inc.(CHH.US) | 0 | 0 | Buy | 137.15 | 72 | 24-Oct | 4.94 |
| 506.52 | 5.13 | Close Position | 144.19 | 72 | 14-Nov | 15.57 | |
| Curtiss-Wright Corporation(CW.US) | 0 | 0 | Buy | 346.68 | 28 | 24-Oct | 4.85 |
| 407.75 | 4.2 | Close Position | 361.24 | 28 | 14-Nov | 15.17 | |
| Northern Trust Corporation(NTRS.US) | 0 | 0 | Buy | 101.79 | 98 | 23-Oct | 4.99 |
| 409.15 | 4.1 | Close Position | 105.96 | 98 | 14-Nov | 15.58 | |
| Progress Software Corporation(PRGS.US) | 0 | 0 | Buy | 65.76 | 152 | 21-Oct | 5 |
| 227.24 | 2.27 | Close Position | 67.25 | 152 | 14-Nov | 15.33 | |
| Kratos Defense & Security Solutions, Inc.(KTOS.US) | 0 | 0 | Buy | 24.82 | 402 | 21-Oct | 4.99 |
| 183.26 | 1.84 | Close Position | 25.28 | 402 | 14-Nov | 15.24 | |
| CBRE Group Inc Class A(CBRE.US) | 0 | 0 | Buy | 132.3 | 75 | 24-Oct | 4.96 |
| -22.31 | -0.22 | Close Position | 132 | 75 | 14-Nov | 14.85 | |
| Vista Oil & Gas(VIST.US) | 0 | 0 | Buy | 51.47 | 194 | 25-Oct | 4.99 |
| -433.61 | -4.34 | Close Position | 49.23 | 194 | 14-Nov | 14.33 |
Stock Selection Method: Refer to the introduction in our column Breakthrough And Pullback ；
Selection Period: From 21/10/2024 to 25/10/2024 ( and the settlement date for the return is up to the 14/11/2024)
(Considering that we observe the stock's performance for at least a week after selection, the cut-off date for stock selection is set earlier than the current date).
Evaluation Sample: 18 stocks.
Entry Conditions: Establish a position on the day the selection signal appears. Each stock is assigned an initial investment of $10,000, with the entry price set at the opening price of the day (since the stock price can either rise or fall on the day the signal appears, we evaluated both opening and closing prices for entry. Results indicate that with a larger number of stocks and longer time periods, the differences are not significant).
Exit Conditions: We set a take-profit condition when a single stock's profit reaches 30%, or a stop-loss condition when a single stock's loss reaches 10%. Positions are closed based on the closing price (this take-profit and stop-loss ratio is adjustable, and since positions are closed at the closing price, it may result in individual stocks exceeding the 30% profit or 10% loss thresholds).
Transaction Fees: A buying fee rate of 0.05% and a selling fee rate of 0.15% (these are the default rates of the software; different brokers may have different fee rates, but this does not affect our overall results).
Additional Notes: Machine-generated stock selection and backtesting of success rates will always have slight differences compared to actual operations, as each investor has their own thought process. Even when seeing the same list of stocks, each investor's participation in the stock may differ slightly. This includes different entry and exit points, even for the same stock. However, this does not affect the reference value of our column.
