Price Patterns: Price Downside Percent Profitable Returns
Here are percent profitable returns for 10 selected stocks with 10-year downside price charts. Percent profitable returns are the percentage of all buy and sell combinations for an analysis period that made money.
The relatively low percentage of profitable returns confirms that buying and selling on the price downside is problematic.
Downside Price Pattern
|Diamond Offshore Drilling|
|J. C. Penney Company|
|Pernix Therapeutics Holdings|
|Percent profitable returns based on 10-years of monthly closes from Quandl as of Feb-01-18.|