Oil & Gas Production and Exploration (XOP) Daily/Weekly Backtest Results
*Transaction costs, taxes and dividends are excluded from these calculations. Past performance may not necessarily be a reliable guide to future performance.
Calculations for Oil and Gas
Expectancy is the percentage profit or loss you would expect to make on the next purchase of this stock with an entry point at the specified signal and profit target as set above. Given a large enough sample size, a positive expectancy indicates the trading strategy is likely to be profitable.
Expectancy calculation for 10 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (100% * 8.21%) + (0% * 0%) - (0% * 0%) = 8.21%.
Wins: 10 Breakevens: 0 Losses: 0
To even out CAGR calculations, large individual returns from particularly quick trades have been capped at 300%.
The Sharpe Ratio calculation assumes a risk free return rate of 2% per calendar year. Ideally the ratio should be a positive number. A higher positive number indicates the strategy has a more attractive risk adjusted rate of return for this particular buy signal and stock over the chart's timeframe.
50 day low Backtest Summary (Fixed Profits System)
This table summarises how profitable it would have been to have bought this stock at each 50 day low entry signal. Hover over the icons to see more details of the particular trade, including the maximum percentage drawdown and how long it took to reach the desired percentage profit.
Key:
= profit point not achieved.
= profit point achieved with CAGR above 15%.
= profit point achieved with CAGR of between 5% and 15%.
= profit point achieved but CAGR was less than 5%.
| Signal Date and Score | Buy Signal | Price | Performance (mouseover for details) | ||||
|---|---|---|---|---|---|---|---|
| 5% | 6% | 7.5% | 10% | 20% | |||
| 07 January 2026 MEDIUM smart_toy0.581 factory0.461 | 50 Day Low | $ 125.08 | |||||
| 04 April 2025 MEDIUM smart_toy0.988 factory0.718 FIRE SALE | 50 Day Low | $ 110.29 | |||||
| 04 March 2025 MEDIUM smart_toy0.831 factory0.641 | 50 Day Low | $ 123.42 | |||||
| 18 December 2024 MEDIUM smart_toy0.639 factory0.524 | 50 Day Low | $ 129.46 | |||||
| 06 September 2024 MEDIUM smart_toy0.691 factory0.483 | 50 Day Low | $ 130.16 | |||||
| 09 July 2024 MEDIUM smart_toy0.571 factory0.276 | 50 Day Low | $ 142.56 | |||||
| 04 June 2024 MEDIUM smart_toy0.62 factory0.322 | 50 Day Low | $ 145.64 | |||||
| 17 January 2024 MEDIUM smart_toy0.714 factory0.44 | 50 Day Low | $ 128.18 | |||||
| 06 December 2023 MEDIUM smart_toy0.752 factory0.482 | 50 Day Low | $ 132.05 | |||||
| 05 October 2023 HIGH smart_toy0.737 factory0.728 | 50 Day Low | $ 135.97 | |||||
| 04 May 2023 HIGH smart_toy0.638 factory0.375 | 50 Day Low | $ 117.18 | |||||
| 13 March 2023 MEDIUM smart_toy0.546 factory0.689 | 50 Day Low | $ 124.24 | |||||
| 03 January 2023 MEDIUM smart_toy0.641 factory0.746 | 50 Day Low | $ 131.14 | |||||
| 22 June 2022 MEDIUM smart_toy0.993 factory0.927 FIRE SALE | 50 Day Low | $ 126.57 | |||||
| 17 December 2021 LOW smart_toy0.638 factory0.516 | 50 Day Low | $ 93.74 | |||||
| 20 August 2021 LOW smart_toy0.962 factory0.317 | 50 Day Low | $ 72.75 | |||||
| 19 July 2021 LOW smart_toy0.977 factory0.322 | 50 Day Low | $ 78.97 | |||||
The data for Oil & Gas Production and Exploration (exchange: ARCX symbol: XOP) was last updated 30 May 2026 15:00. Data for this ETF is available from 04 Jan 2021 - 29 May 2026.