MGE Energy Inc (MGEE) Daily/Weekly Backtest Results

Signal:                  
                [ What are these? | Switch to MGEE's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 7.87%.   Win rate: 95.65%.   Sharpe Ratio: -2.029.   Maximum drawdown: -27.73% on 25 March 2020.
Mean CAGR: 135.12%. Time in market: 2084 days.   Hypothetical return: $1000 would be worth $3253.78 on 05 March 2024.
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 MGE 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 23 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (95.65% * 8.23%) + (4.35% * 0.08%) - (0% * 0%) = 7.87%.
Wins: 22 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.

MGE Energy 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.

 

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%
10 March 2026   MEDIUM   smart_toy0.879  factory0.256   50 Day Low $ 77.04 select_check_box electric_bolt schedule schedule schedule schedule
23 December 2025   MEDIUM   smart_toy0.873  factory0.521   50 Day Low $ 78.11 select_check_box electric_bolt select_check_box electric_bolt schedule schedule schedule
19 November 2025   MEDIUM   smart_toy0.554  factory0.453   50 Day Low $ 81.30 schedule schedule schedule schedule schedule
26 September 2025   MEDIUM   smart_toy0.706  factory0.392   50 Day Low $ 83.16 schedule schedule schedule schedule schedule
11 August 2025   MEDIUM   smart_toy0.738  factory0.311   50 Day Low $ 83.20 select_check_box electric_boltelectric_bolt schedule schedule schedule schedule
08 July 2025   MEDIUM   smart_toy0.717  factory0.249   50 Day Low $ 87.87 schedule schedule schedule schedule schedule
23 January 2025   MEDIUM   smart_toy0.823  factory0.681   50 Day Low $ 87.34 select_check_box electric_bolt select_check_box electric_bolt schedule schedule schedule
01 July 2024   MEDIUM   smart_toy0.618  factory0.464   50 Day Low $ 74.06 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
11 January 2024   MEDIUM   smart_toy0.808  factory0.746   50 Day Low $ 70.70 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_bolt
03 October 2023   MEDIUM   smart_toy0.795  factory0.743   50 Day Low $ 66.88 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
31 August 2023   MEDIUM   smart_toy0.792  factory0.582   50 Day Low $ 73.06 select_check_box select_check_box select_check_box select_check_box select_check_box
25 May 2023   MEDIUM   smart_toy0.904  factory0.72   50 Day Low $ 72.36 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box
16 February 2023   MEDIUM   smart_toy0.687  factory0.712   50 Day Low $ 69.64 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
22 September 2022   HIGH   smart_toy0.923  factory0.873   FIRE SALE 50 Day Low $ 74.96 select_check_box select_check_box select_check_box select_check_box select_check_box
13 June 2022   HIGH   smart_toy0.872  factory0.894   FIRE SALE 50 Day Low $ 77.25 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
11 February 2022   MEDIUM   smart_toy0.95  factory0.546   50 Day Low $ 73.10 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box
18 November 2021   MEDIUM   smart_toy0.807  factory0.534   50 Day Low $ 73.84 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
24 September 2021   MEDIUM   smart_toy0.586  factory0.672   50 Day Low $ 75.44 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
04 March 2021   MEDIUM   smart_toy0.638  factory0.509   50 Day Low $ 63.78 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_bolt
15 January 2021   MEDIUM   smart_toy0.651  factory0.264   50 Day Low $ 66.92 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
18 September 2020   MEDIUM   smart_toy0.739  factory0.504   50 Day Low $ 62.16 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
27 February 2020   HIGH   smart_toy0.92  factory0.791   50 Day Low $ 75.66 select_check_box select_check_box select_check_box select_check_box select_check_box
08 November 2019   MEDIUM   smart_toy0.881  factory0.673   50 Day Low $ 72.31 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
27 December 2018   HIGH   smart_toy0.959  factory0.863   FIRE SALE 50 Day Low $ 57.03 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
12 October 2018   HIGH   smart_toy0.785  factory0.784   50 Day Low $ 59.97 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
14 February 2018   MEDIUM   smart_toy0.889  factory0.464   FIRE SALE 50 Day Low $ 52.20 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
12 January 2018   MEDIUM   smart_toy0.898  factory0.492   50 Day Low $ 56.34 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box
11 December 2017   MEDIUM   smart_toy0.66  factory0.513   50 Day Low $ 59.98 select_check_box select_check_box select_check_box select_check_box select_check_box
06 July 2017   MEDIUM   smart_toy0.676  factory0.8   50 Day Low $ 58.98 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
05 October 2016   LOW   smart_toy0.777  factory0.63   50 Day Low $ 50.29 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
21 April 2016   LOW   smart_toy0.479  factory0.515   50 Day Low $ 44.59 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 MGE Energy Inc (exchange: XNAS symbol: MGEE) was last updated 30 May 2026 15:00. Data for this stock is available from 01 Feb 2016 - 29 May 2026.