Nigeria

Nigeria Stock Market | Indicator Statistics

The table shows statistics on all market instruments. The signals are given from the very beginning of trading to the present moment. For example, BTC since 2012, BP since 1969. TheWaved is the only indicator that shows all the real statistics. Others only promise that their product would make a profit. After connecting TheWaved, traders and investors will see the same numbers on their charts. TheWaved is the first strategy that works on long periods of time. Perfect for investment. So far we are giving signals on timeframes in 1D, but there are also more profitable timeframes. All data includes the trading commission (0.075 for cryptocurrencies, 0.025 for stocks and other financial instruments). More than 90% of trading signals give a profit almost immediately, so if you are afraid to hold a position, you can close it when it goes into profit. To get more profit, you can use this indicator on a smaller timeframe, which will give you advantages on the opening price. Unfortunately, we cannot provide data of smaller timeframes for the entire period of time, since such statistics include tens of thousands of candles and require significant calculations. In the future, we will add these data to the statistics.

Profitable 57 from 91

62.64%

Statistics of the indicator strategy results show 62.64% of profitable strategies according to Nigeria Stock market data.

NOT PROFITABLE 34 from 91

37.36%

Statistics of the indicator strategy results show 62.64% of profitable strategies according to Nigeria Stock market data. Read more about the negative profit below

NEGATIVE PROFIT

We provide all statistics, instead of selecting only profitable instruments. No one is immune to risks. The company may suddenly go bankrupt. There is a way to avoid risks as much as possible. Invest in only well established businesses; in assets that have been proven to be reliable over time. However, there is a huge profit even in risky assets, if you grab it when the moment is right. Instruments that are not profitable on the 1D timeframe can be profitable on 1H. The data is provided for information purposes.

To avoid catastrophic situations, invest in the instruments you know. The only factor may be delisting of a financial instrument or bankruptcy of a company. In all other situations, you will get a profit.

Nigeria Stock Market | Strategy Statistics

There is only one stock exchange in the country, the Nigerian Stock Exchange (NSE). She is in Lagos. This city is the largest in the country and a major financial center in Africa. This exchange is part of the United Nations' Sustainable Stock Exchanges project. It ranks 3rd by market capitalization in Africa. It trades shares of 176 companies. Their total capitalization is 28 billion US$. This exchange trades shares of well-known companies such as Zenith Bank, Dangote Cement, FIstBank, Conoil and Nigerian Breweries. This exchange has several indexes. All Share Index - this index reflects the dynamics of the shares of all companies listed on this exchange. Another important index is the Premium Index, which reflects the fortunes of large companies that meet strict criteria. The NSE Top 30 index also shows the state of the stocks of the 30 largest companies by market capitalization.

Choose Your Plan
TickerNet ProfitProfit FactorPercent ProfitableTotal TradesFirst Trade Date
Abbey Building Society PlcABBEYBDS-42.37%00%22022-06-23
Associated Bus Company PlcABCTRANS49.11%1.31818.18%112013-03-22
African Alliance Insurance Co PlcAFRINSURE-33.42%00%22018-02-07
Africa Prudential Registrars PlcAFRIPRUD233.16%3.89537.5%82013-10-21
Aiico Insurance PlcAIICO237.28%4.79742.86%72013-09-06
Ardova PlcARDOVA-17.13%00%12021-11-08
Berger Paints Plc - NigeriaBERGER-14.08%0.8328.57%72018-07-02
Beta Glass PlcBETAGLAS-20.42%0.82230%102022-06-15
Bua Cement PlcBUACEMENT-29.61%0.26533.33%32022-01-18
Cadbury Plc - NigeriaCADBURY45.52%1.2415.38%132013-12-02
Chemical and Allied Products PlcCAP-45.45%0.60822.22%92018-10-02
Capital Hotels PlcCAPHOTEL-38.36%00%22015-04-02
Capital Oil PlcCAPOIL-31.72%00%22018-07-10
Caverton Offshore Support Group PlcCAVERTON-69.07%00%42018-08-29
Champion Brewery PlcCHAMPION40.28%1.18518.75%162022-03-24
Chams PlcCHAMS124.33%9.04466.67%32019-08-09
Chellarams PlcCHELLARAM-38.26%00%22013-07-09
Consolidated Hallmark Insurance PlcCHIPLC159.45%5.9250%42020-03-04
C and I Leasing PlcCILEASING84.63%2.19642.86%72018-12-13
Conoil PlcCONOIL168.48%1.95833.33%152017-06-19
Cornerstone Insurance Co PlcCORNERST169.57%4.18950%62019-12-23
Courteville Investments PlcCOURTVILLE-44.87%0.37133.33%62019-12-11
Cutix PlcCUTIX40.49%1.25418.18%112022-06-17
Dangote Cement PlcDANGCEM113.01%2.3628.57%72013-08-21
Dangote Sugar Refinery PlcDANGSUGAR148.91%3.23642.86%72017-08-16
Nigerian Enamelware Co PlcENAMELWA-36.85%00%22013-12-09
Eterna PlcETERNA22.26%1.11814.29%142021-12-24
Ecobank Transnational IncETI88.56%1.40918.75%162013-06-24
E Tranzact International PlcETRANZACT91.09%2.49842.86%72015-08-31
Fbn Holdings PlcFBNH-55.69%0.77715.79%192017-06-23
Fcmb Group PlcFCMB77.67%1.30820%202018-02-05
Fidelity Bank PlcFIDELITYBK118.71%1.52922.22%182018-02-22
Fidson Healthcare PlcFIDSON184.44%2.38627.27%112014-05-08
Flour Mills of Nigeria PlcFLOURMILL32.58%1.17414.29%142014-01-20
Ftn Cocoa Processors PlcFTNCOCOA-36.46%0.42720%52021-06-04
Galaxo Smithkline Consumer Plc - NigeriaGLAXOSMITH-69.02%0.74315.79%192018-02-12
Global Spectrum Energy Services PlcGSPECPLC-15.1%00%12021-08-26
Guaranty Trust Holding Company PlcGTCO72.68%1.57320%102013-06-14
Ikeja Hotel PlcIKEJAHOTEL50.41%1.44230%102018-11-30
International Breweries PlcINTBREW-48.8%0.80611.76%172018-04-25
Jaiz Bank PlcJAIZBANK220.71%3.7137.5%82017-06-30
Japaul Gold & Ventures PlcJAPAULGOLD-82.84%00%52021-11-24
John Holt PlcJOHNHOLT-24.73%0.80911.11%92013-04-15
Juli PlcJULI-36.29%00%22013-11-22
Lasaco Assurance PlcLASACO12.5%1.1616.67%62018-02-06
Linkage Assurance PlcLINKASSURE18.64%1.2116.67%62018-04-12
Axamansard Insurance PlcMANSARD94.07%1.79122.22%92014-03-24
May and Baker Plc - NigeriaMAYBAKER40.28%1.20920%152017-07-03
Mutual Benefits Assurance PlcMBENEFIT32.73%1.45620%52014-11-10
Meyer PlcMEYER-70.53%00%42017-03-28
Morison Industries PlcMORISON66.99%3.16533.33%32013-07-24
Mrs Oil Plc - NigeriaMRS-18.32%0.6525%42021-01-26
Mtn Nigeria Communications PlcMTNN-49.03%00%32022-08-01
Multiverse Mining and Exploration PlcMULTIVERSE62.55%2.83633.33%32018-03-09
Nascon Allied Industries PlcNASCON7.4%1.08416.67%62013-01-16
Nigerian Breweries PlcNB6.59%1.03414.29%142013-01-28
Ncr Plc - NigeriaNCR-34.56%0.74611.11%92014-03-21
Neimeth International Pharmaceuticals PlcNEIMETH293.83%2.96535.71%142021-06-16
Nem Insurance Co PlcNEM101.3%2.03325%82022-01-20
Nestle Plc - NigeriaNESTLE70.65%1.63722.22%92018-10-24
Niger Insurance PlcNIGERINS-32.69%00%22018-03-12
Northern Nigeria Flour Mills PlcNNFM128.55%2.08430%102014-01-31
Npf Microfinance Bank PlcNPFMCRFBK209.98%3.44237.5%82013-05-28
Oando PlcOANDO154.4%1.35420%352018-05-16
Pharma Deko PlcPHARMDEKO112.71%4.09750%42022-02-15
Premier Paints PlcPREMPAINTS-18.25%00%12016-05-24
Prestige Assurance Co PlcPRESTIGE30.9%1.44820%52013-06-20
Red Star Express PlcREDSTAREX31.27%1.44820%52012-09-10
Regency Alliance Insurance PlcREGALINS0.64%1.00614.29%72018-03-21
Royal Exchange PlcROYALEX34.55%1.46620%52013-05-27
Scoa Nigeria PlcSCOA50.6%1.94625%42014-07-14
Seplat Petroleum Development Co PlcSEPLAT140.16%1.94835.71%142022-05-18
Skyway Aviation Handling Company PlcSKYAVN-20.77%00%12022-06-07
Stanbic Ibtc Holdings PlcSTANBIC158.12%2.0625%122013-06-19
Sterling Bank PlcSTERLNBANK134.55%1.78326.67%152018-02-19
Studio Press Nigeria PlcSTUDPRESS-31.79%00%22013-11-12
Sunu Assurances Nigeria PlcSUNUASSUR-34.09%00%22021-04-29
Transnational Corporation of Nigeria PlcTRANSCORP108.71%1.34520%252013-12-02
Trans Nationwide Express PlcTRANSEXPR-49.28%00%32013-07-11
Tripple Gee and Company PlcTRIPPLEG7.25%1.07214.29%72013-08-23
Uac Plc - NigeriaUACN-18.62%0.91812.5%162013-07-05
United Bank for Africa Plc - NigeriaUBA140.63%1.53119.05%212013-08-16
Union Bank of Nigeria PlcUBN9.17%1.09214.29%72013-06-18
United Capital PlcUCAP371.41%8.28757.14%72016-03-17
Unilever Nigeria PlcUNILEVER29.73%1.30914.29%72013-04-05
Unity Bank PlcUNITYBNK150.42%1.53322.73%222015-05-06
University Press PlcUPL-60.91%0.61310%102013-07-24
Lafarge Cement Wapco PlcWAPCO-81.56%0.5588.33%122014-02-25
Wapic Insurance PlcWAPIC35.81%1.20421.43%142013-03-22
Wema Bank PlcWEMABANK207.72%2.25933.33%152018-03-20
Zenith Bank PlcZENITHBANK82.33%1.63720%102012-10-18

FAQ | What do these numbers mean?

For your reference, statistics of the data generated by the indicator are given below. All these numbers require special attention. They prove the effectiveness and reliability of the strategy and help you understand the position of a particular instrument in the market. The data takes into account the trading commission (0.075 for cryptocurrencies, 0.025 for stocks and other instruments).

Net Profit

The overall profit or loss (in the selected currency) achieved by the trading strategy in the test period. The value is the sum of all values from the Profit column (on the List of Trades tab), taking into account the sign.

Percent Profitable

The percentage of winning trades generated by a strategy. Calculated by dividing the number of winning trades by the total number of closed trades generated by a strategy. Percent profitable is not a very reliable measure by itself. A strategy could have many small winning trades, making the percent profitable high with a small average winning trade, or a few big winning trades accounting for a low percent profitable and a big average winning trade. Some successful strategies have a percent profitability below 50% but are still profitable due to proper loss control.

Profit Factor

The amount of money a trading strategy made for every unit of money it lost (in the selected currency). This value is calculated by dividing gross profits by gross losses.

Total Trades

The total number of closed trades (both winning and losing) generated by a strategy. The total number of trades is important for a number of reasons. First, the number should be large enough for strategy results to be of any statistical significance. Second, the number can help validate that your strategy is trading at the frequency you expect.

First Trade Date

Actually, the date of the first trade. This shows that statistics are stored from the very beginning of the chart for the selected instrument. It is useful to know when the first signal was given.

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