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

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

Expectancy: 7.84%.   Win rate: 91.67%.   Sharpe Ratio: 1.111.   Maximum drawdown: -29.79% on 23 March 2020.
Mean CAGR: 154.89%. Time in market: 1028 days.   Hypothetical return: $1000 would be worth $1801.73 on 15 November 2023.
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 12 signal(s) occurring before 22 April 2024 for a 7.5% profit target: (91.67% * 8.41%) + (8.33% * 1.60%) - (0% * 0%) = 7.84%.
Wins: 11 Breakevens: 1 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.

 

Williams %R (Weekly) Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Williams %R (Weekly) 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%
06 April 2026   LOW     smart_toy0.914 Williams %R (Weekly) $ 240.64 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt schedule schedule
17 November 2025   MEDIUM   FIRE SALE   smart_toy0.891 Williams %R (Weekly) $ 222.70 select_check_box electric_boltelectric_boltelectric_bolt 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
04 April 2025   MEDIUM   FIRE SALE   smart_toy0.984 Williams %R (Weekly) $ 171.08 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_boltelectric_bolt
02 January 2025   MEDIUM   FIRE SALE   smart_toy0.976 Williams %R (Weekly) $ 186.66 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
05 September 2024   MEDIUM     smart_toy0.946 Williams %R (Weekly) $ 174.95 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
04 June 2024   MEDIUM     smart_toy0.939 Williams %R (Weekly) $ 191.02 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
01 May 2024   MEDIUM     smart_toy0.886 Williams %R (Weekly) $ 219.38 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box select_check_box
24 October 2023   HIGH   FIRE SALE   smart_toy0.909 Williams %R (Weekly) $ 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
20 September 2023   HIGH     smart_toy0.813 Williams %R (Weekly) $ 180.07 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
16 June 2022   MEDIUM     smart_toy0.972 Williams %R (Weekly) $ 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
20 January 2022   MEDIUM     smart_toy0.878 Williams %R (Weekly) $ 131.06 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
21 February 2020   MEDIUM     smart_toy0.799 Williams %R (Weekly) $ 87.63 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt
17 June 2019   MEDIUM     smart_toy0.991 Williams %R (Weekly) $ 74.32 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 select_check_box electric_bolt
13 May 2019   MEDIUM   FIRE SALE   smart_toy0.854 Williams %R (Weekly) $ 79.43 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   FIRE SALE   smart_toy0.992 Williams %R (Weekly) $ 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
10 October 2018   HIGH     smart_toy0.805 Williams %R (Weekly) $ 84.26 select_check_box select_check_box select_check_box select_check_box select_check_box
30 April 2018   HIGH     smart_toy0.94 Williams %R (Weekly) $ 79.57 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
17 August 2017   MEDIUM     smart_toy0.83 Williams %R (Weekly) $ 80.92 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box
27 June 2016   LOW     smart_toy0.958 Williams %R (Weekly) $ 52.21 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 Apr 2026 07:50. Data for this stock is available from 01 Dec 2015 - 29 Apr 2026.