Middlesex Water Company (MSEX) Daily/Weekly Backtest Results crown

Signal:                
                   
              [ What are these? | Switch to MSEX's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Scores:           Market sector score:       [ What are these scores? ]
Expectancy: 7.87%.   Win rate: 90.0%.   Sharpe Ratio: 0.904.   Maximum drawdown: -33.24% on 17 April 2024.
Mean CAGR: 153.07%. Time in market: 993 days.   Hypothetical return: $1000 would be worth $1490.91 on 31 July 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 Middlesex Water Company

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 10 signal(s) occurring before 05 August 2024 for a 7.5% profit target: (90.0% * 8.65%) + (10.0% * 0.86%) - (0% * 0%) = 7.87%.
Wins: 9 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.

Middlesex Water Company 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.

Most Recent Buy Signals
Date Signal Type Scores Performance
Signal Sector WR Speed Risk Overall 5% 6% 7.5%
29 June 2026 Oversold Rebound 62 78 87 91 70 75 schedule schedule schedule
15 May 2026 Gap Down 66 92 87 88 70 81 schedule schedule schedule
13 April 2026 Gap Down 59 87 88 87 71 75 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
06 April 2026 Double Bottom 73 94 88 87 71 87 schedule schedule schedule
06 April 2026 Double Bottom 73 94 88 87 71 87 select_check_box select_check_box electric_bolt select_check_box electric_bolt
19 March 2026 50 Day Low 79 94 88 87 74 90 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
05 March 2026 Gap Down 43 79 87 89 76 62 select_check_box select_check_box schedule
19 December 2025 Gap Down 90 81 87 91 83 93 select_check_box electric_bolt select_check_box select_check_box
02 December 2025 Double Seven 72 85 87 90 81 83 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
03 November 2025 50 Day Low 76 85 87 92 83 86 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt

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%
25 March 2024 52 Week Low $ 50.61 86 84 100 89 93 91 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_bolt
07 February 2024 52 Week Low $ 54.84 87 76 100 71 93 86 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box electric_bolt select_check_box electric_bolt
05 January 2024 52 Week Low $ 61.70 91 82 100 72 93 91 select_check_box select_check_box select_check_box select_check_box select_check_box
10 November 2023 52 Week Low $ 62.49 84 94 100 72 94 91 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
21 September 2023 52 Week Low $ 68.68 79 95 100 77 94 89 select_check_box select_check_box select_check_box select_check_box select_check_box
01 May 2023 52 Week Low $ 71.50 89 90 100 80 94 94 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default
06 March 2023 52 Week Low $ 75.47 76 86 100 82 90 85 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt disabled_by_default
30 September 2022  bubble_chart 52 Week Low $ 77.88 99 92 100 76 83 100 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
13 June 2022  bubble_chart 52 Week Low $ 81.16 97 94 100 77 83 99 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
16 March 2020  bubble_chart 52 Week Low $ 50.77 99 92 100 67 80 99 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

 

The data for Middlesex Water Company (exchange: XNAS symbol: MSEX) was last updated 13 Aug 2026 08:56. Data for this stock is available from 01 Sep 2015 - 12 Aug 2026.