Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Trading Performance

Ulcer Index

Score

-0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 19 20.8 0.58% 1.22% 2.6% -2.7% 4.5%
SHORT 19 18.8 0.63% 1.20% 3.0% -4.7% -10.3%

Summary

Technical Analysis

Navitas (NVT.AX)


Indicator:

ULCER INDEX


Last Signal:

BEARISH


Trading: SELL @ $5.8
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Navitas (ASX:NVT) UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 0.379.



A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.

Calculation: Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;


PROFILE: Navitas (NVT.AX)


Stock Exchange: ASX
Company: Navitas
Ticker Codes: | NVT.AX | ASX:NVT |

About Navitas (ASX:NVT):

Navitas Limited provides educational services for students and professionals in Australia, the United Kingdom, Europe, Asia, Canada, the United States, and internationally. It operates through University Partnerships and Careers & Industry segments. The University Partnerships segment offers pre-university and university pathway programs that focus on providing pre and first-year university courses to international students who do not qualify for direct entry to partner universities due to either language or academic record. The Careers & Industry segment delivers education programs in the area of creative media, including audio, film, and multimedia courses; and English language tuition and jobs skills training services, as well as higher and vocational education services in health, security, and psychology. The company was founded in 1994 and is headquartered in Perth, Australia.

Top 10:

Ulcer Index

Download
Company Close Change(%) Volume Value Signal
EWC Energy World Corporation 0.07 15 2,437,137 2.57 BULLISH
AQG Alacer Gold Corp 4.42 8.6 637,521 3.09 BULLISH
EDE Eden Energy 0.03 7.1 1,425,845 0.94 BULLISH
NAN Nanosonics 4.93 6.7 1,283,636 2.43 BULLISH
DWS DWS 1.13 6.6 119,422 4.82 BULLISH
VGL Volante 5.8 6.4 1,417 4.43 BULLISH
CAT Catuity 1.27 6.3 779,850 1.87 BULLISH
IMD Imdex 1.1 5.8 2,149,957 3.69 BULLISH
NST Northern Star Resources 10.54 5.6 3,773,663 3.73 BULLISH
NZM Nzme 0.49 5.4 65,620 1.11 BULLISH