Lincoln Electric Holdings Inc (LECO) Daily/Weekly Backtest Results military_tech

Signal:                  
                [ What are these? | Switch to LECO's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 7.62%.   Win rate: 90.0%.   Sharpe Ratio: -1.31.   Maximum drawdown: -30.48% on 23 March 2020.
Mean CAGR: 135.58%. Time in market: 1812 days.   Hypothetical return: $1000 would be worth $3182.13 on 31 July 2025.
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 Lincoln Electric Holdings

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 20 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (90.0% * 8.17%) + (10.0% * 2.63%) - (0% * 0%) = 7.62%.
Wins: 18 Breakevens: 2 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.

Lincoln Electric Holdings Analysis

Market sector: Industrials.

External links: Seeking Alpha Research, Zacks Research.

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

 

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:   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%
27 March 2026   LOW   smart_toy0.72  factory0.698   50 Day Low $ 249.78 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt schedule schedule
03 November 2025   MEDIUM   smart_toy0.934  factory0.603   50 Day Low $ 231.57 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 electric_boltelectric_bolt
03 April 2025   MEDIUM   smart_toy0.988  factory0.665   FIRE SALE 50 Day Low $ 182.39 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
23 December 2024   MEDIUM   smart_toy0.698  factory0.601   50 Day Low $ 189.73 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_bolt
04 September 2024   MEDIUM   smart_toy0.946  factory0.663   50 Day Low $ 179.44 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
29 May 2024   MEDIUM   smart_toy0.89  factory0.366   50 Day Low $ 197.78 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box select_check_box
26 April 2024   MEDIUM   smart_toy0.812  factory0.57   50 Day Low $ 228.48 select_check_box select_check_box select_check_box select_check_box select_check_box
24 October 2023   HIGH   smart_toy0.909  factory0.876   FIRE SALE 50 Day Low $ 170.54 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt
21 September 2023   HIGH   smart_toy0.837  factory0.732   50 Day Low $ 177.16 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
18 August 2023   HIGH   smart_toy0.84  factory0.794   50 Day Low $ 183.38 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
06 April 2023   HIGH   smart_toy0.909  factory0.831   50 Day Low $ 156.40 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
30 September 2022   MEDIUM   smart_toy0.972  factory0.919   FIRE SALE 50 Day Low $ 126.47 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
16 June 2022   MEDIUM   smart_toy0.972  factory0.903   FIRE SALE 50 Day Low $ 124.93 select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt
24 February 2022   HIGH   smart_toy0.966  factory0.692   FIRE SALE 50 Day Low $ 124.87 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_bolt
20 January 2022   MEDIUM   smart_toy0.878  factory0.592   50 Day Low $ 131.06 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
20 September 2021   MEDIUM   smart_toy0.783  factory0.666   50 Day Low $ 130.68 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
18 February 2021   MEDIUM   smart_toy0.87  factory0.542   50 Day Low $ 113.77 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 select_check_box electric_bolt
24 September 2020   MEDIUM   smart_toy0.651  factory0.739   50 Day Low $ 87.62 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
20 February 2020   MEDIUM   smart_toy0.83  factory0.587   50 Day Low $ 88.51 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
15 May 2019   MEDIUM   smart_toy0.85  factory0.819   50 Day Low $ 78.46 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
20 December 2018   HIGH   smart_toy0.992  factory0.961   FIRE SALE 50 Day Low $ 73.31 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_bolt
09 October 2018   HIGH   smart_toy0.806  factory0.672   50 Day Low $ 86.72 select_check_box select_check_box select_check_box select_check_box select_check_box
25 April 2018   HIGH   smart_toy0.932  factory0.685   50 Day Low $ 81.18 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
09 February 2018   MEDIUM   smart_toy0.927  factory0.832   50 Day Low $ 82.50 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
25 July 2017   MEDIUM   smart_toy0.733  factory0.644   50 Day Low $ 80.76 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
24 June 2016   LOW   smart_toy0.835  factory0.696   50 Day Low $ 53.44 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_bolt

 

The data for Lincoln Electric Holdings Inc (exchange: XNAS symbol: LECO) was last updated 30 May 2026 15:00. Data for this stock is available from 01 Dec 2015 - 29 May 2026.