Artesian Resources Corp - Class A (ARTNA) Daily/Weekly Backtest Results military_tech

Buy indicator:                
              [ What are these indicators? | Switch to ARTNA's monthly backtests ]
Fixed profit target:               -or-  

Expectancy: -7.59%.   Win rate: 54.55%.   Sharpe Ratio: -1.726.   Maximum drawdown: -37.71% on 13 January 2025.
Mean CAGR: 49.76%. Time in market: 4086 days.   Hypothetical return: $1000 would be worth $786.91 on 05 January 2026.
Key: change_history : profitable trade change_history : breakeven trade (minimal loss after 2 years) change_history : losing trade (not profitable in a 2 year timeframe)


*Transaction costs, taxes and dividends are excluded from these calculations. Past performance may not necessarily be a reliable guide to future performance.

Calculations for Artesian Resources

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 11 signal(s) occurring before 19 March 2024 for a 7.5% profit target: (54.55% * 8.08%) + (0% * 0%) - (45.45% * 26.39%) = -7.59%.
Wins: 6 Breakevens: 0 Losses: 5

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.

Artesian Resources Analysis

Market sector: Utilities.

External links: Seeking Alpha Research, Zacks Research.

These links may show useful information about why a stock's price has fallen significantly.

 

26 week low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 26 week 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:   disabled_by_default = profit point not achieved. select_check_box = profit point achieved with CAGR above 15%.
select_check_box = profit point achieved with CAGR of between 5% and 15%. select_check_box = 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%
20 March 2026   40   smart_toy0.978   mode_heat 26 Week Low $ 31.04 schedule schedule schedule schedule schedule
18 November 2025   40     26 Week Low $ 31.76 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule schedule
18 December 2024   40     26 Week Low $ 32.74 select_check_box select_check_box select_check_box electric_bolt select_check_box select_check_box
30 October 2024   35     26 Week Low $ 33.58 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box
10 June 2024  bubble_chart   35     26 Week Low $ 34.02 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box
15 April 2024  bubble_chart   35     26 Week Low $ 34.22 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box
08 February 2024  bubble_chart   35   smart_toy0.972   mode_heat 26 Week Low $ 35.44 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
05 January 2024  bubble_chart   30   smart_toy0.982   mode_heat 26 Week Low $ 38.60 select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
24 October 2023  bubble_chart   60   smart_toy0.956   mode_heat 26 Week Low $ 39.48 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default
21 September 2023  bubble_chart   60   smart_toy0.959   mode_heat 26 Week Low $ 44.73 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
01 August 2023  bubble_chart   60     26 Week Low $ 45.51 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
29 June 2023  bubble_chart   60   smart_toy0.983   mode_heat 26 Week Low $ 46.92 select_check_box electric_boltelectric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default
19 May 2023  bubble_chart   60   smart_toy0.954   mode_heat 26 Week Low $ 47.85 select_check_box electric_boltelectric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default
24 June 2021   35     26 Week Low $ 36.53 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt
28 February 2020   65     26 Week Low $ 34.54 select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box
02 October 2018  bubble_chart   50     26 Week Low $ 33.70 select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box
05 February 2018  bubble_chart   35     26 Week Low $ 33.15 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box

 

The data for Artesian Resources Corp - Class A (exchange: XNAS symbol: ARTNA) was last updated 27 Mar 2026 10:47. Data for this stock is available from 01 Dec 2015 - 26 Mar 2026.