Official Company Name: ADM Hamburg AG
Stock Symbol: OEL
Stock Market: Deutsche Börse - FSX
Currency: Euro - EUR
1 Year Return
Daily closing prices, with moving averages and volumes - Euro (EUR)
|Average Daily Volume||3|
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Past performance is not a guarantee of future performance. Patterns tend to repeat themselves, but they don't necessarily have to.
Successful backtests on past data do not guarantee the future success of the strategy backtested, especially as backtest overfitting may occur: when the price of a stock may fit particularly well a given trading strategy over a given period, but not necessarily outside of that period. Besides, backtests do not account for exact market conditions and may yield significantly different results in real trading practice (fees, slippage...).
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