Diamondback Energy Inc (FANG) Daily/Weekly Backtest Results

Signal:                
                   
              [ What are these? | Switch to FANG's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Scores:           Market sector score:       [ What are these scores? ]
Expectancy: 8.29%.   Win rate: 100%.   Sharpe Ratio: 10.605.   Maximum drawdown: -67.41% on 18 March 2020.
Mean CAGR: 181.19%. Time in market: 190 days.   Hypothetical return: $1000 would be worth $1489.01 on 08 June 2020.
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 Diamondback Energy

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 5 signal(s) occurring before 05 August 2024 for a 7.5% profit target: (100% * 8.29%) + (0% * 0%) - (0% * 0%) = 8.29%.
Wins: 5 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.

Diamondback Energy Analysis

Market sector: Energy.

External links: Seeking Alpha Research, Zacks Research.

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

Most Recent Buy Signals
Date Signal Type Scores Performance
Signal Sector WR Speed Risk Overall 5% 6% 7.5%
30 July 2026 Gap Up 21 48 97 95 55 36 schedule schedule schedule
27 July 2026 Gap Down 33 63 97 94 55 50 schedule schedule schedule
27 July 2026 Mega Dump Lite 41 63 97 94 55 57 schedule schedule schedule
22 July 2026 Double Bottom 89 48 97 94 59 80 schedule schedule schedule
01 July 2026 Williams %R (Weekly) 33 37 97 94 60 43 schedule schedule schedule
30 June 2026 50 Day Low 54 34 97 94 60 55 schedule schedule schedule
23 June 2026 Mega Dump Lite 40 40 97 94 61 49 schedule schedule schedule
16 June 2026 Oversold Rebound 52 47 97 94 61 59 schedule schedule schedule
05 June 2026 Double Seven 39 63 97 95 61 55 schedule schedule schedule
28 May 2026 Oversold Rebound 34 59 97 95 61 50 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt schedule

52 Week Low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 52 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%.

Date Buy Signal Price Scores Performance (mouseover for details)
Signal Sector WR Speed Risk Overall 5% 6% 7.5% 10% 20%
04 April 2025  bubble_chart 52 Week Low $ 128.71 89 53 93 84 62 81 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 electric_boltelectric_bolt
26 February 2025  bubble_chart 52 Week Low $ 152.13 57 41 93 84 63 59 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box
06 March 2020 52 Week Low $ 51.54 62 60 100 75 80 68 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
03 February 2020 52 Week Low $ 72.48 61 60 100 74 80 68 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
06 November 2019 52 Week Low $ 77.19 52 62 100 73 80 62 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
02 October 2019 52 Week Low $ 82.36 74 55 100 73 82 73 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box
23 November 2018 52 Week Low $ 102.66 92 43 100 90 86 78 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt disabled_by_default disabled_by_default

 

The data for Diamondback Energy Inc (exchange: XNAS symbol: FANG) was last updated 13 Aug 2026 08:56. Data for this stock is available from 01 Apr 2016 - 12 Aug 2026.