Latvia

Latvia 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 6 from 9

66.67%

Statistics of the indicator strategy results show 66.67% of profitable strategies according to Latvia Stock market data.

NOT PROFITABLE 3 from 9

33.33%

Statistics of the indicator strategy results show 66.67% of profitable strategies according to Latvia 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.

Latvia Stock Market | Strategy Statistics

There is only one stock exchange in Latvia - the Riga Stock Exchange. Its official name is Nasdaq Riga. She appeared in 1993. It is one of 8 stock exchanges owned by the Nasdaq Nordic company of the Nasdaq holding. The Nasdaq holding controls stock markets in several Nordic and Baltic countries. Electronic trading is conducted through the INET Nordic platform. This exchange is located in Riga, the capital. It trades stocks and bonds. Stocks of well-known companies such as Grindeks, HansaMatrix, Olainfarm, VEF and Brivais Vilnis are traded on this stock exchange. She has a key index - OMX Riga. It tracks the dynamics of companies included in the primary and secondary lists of quoted securities. It is most often used as an estimate of a country's stock market. Shares of companies from this country are also shown in other indices, such as OMX Baltic 10, which shows the ten most liquid shares of Baltic companies, as well as in the Baltic sector and industry indices.

Choose Your Plan
TickerNet ProfitProfit FactorPercent ProfitableTotal TradesFirst Trade Date
Amber Latvijas BalzamsBAL1R213.93%2.34430.77%132016-06-21
Latvijas GazeGZE1R-57.4%0.65910%102008-07-22
HansamatrixHMX1R39.1%1.63320%52018-08-28
Latvijas Juras Medicinas CentrsLJM1R-53.45%00%22009-12-07
Madara CosmeticsMDARA101.33%4100%12020-03-18
Omx Riga GiOMXRGI110.17%2.24325%82005-03-16
Rigas Kugu BuvetavaRKB1R-67.04%0.8512.5%322008-03-25
Saf TehnikaSAF1R311.42%2.08429.17%242022-03-09
Siguldas CmasSCM1R53.98%1.94633.33%32010-07-28

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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