Netapp Inc (NTAP) Daily/Weekly Backtest Results

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

Expectancy: 7.07%.   Win rate: 83.33%.   Sharpe Ratio: 1.184.   Maximum drawdown: -21.13% on 28 December 2022.
Mean CAGR: 85.78%. Time in market: 673 days.   Hypothetical return: $1000 would be worth $1394.16 on 18 January 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 Netapp

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 6 signal(s) occurring before 08 May 2024 for a 7.5% profit target: (83.33% * 8.30%) + (16.67% * 0.93%) - (0% * 0%) = 7.07%.
Wins: 5 Breakevens: 1 Losses: 0

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.

Netapp Analysis

Market sector: Technology.

External links: Seeking Alpha Research, Zacks Research.

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

 

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%.

Signal Date and Score Buy Signal Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
06 March 2025   MEDIUM   smart_toy0.987   52 Week Low $ 92.56 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
16 December 2022   LOW   smart_toy0.538   52 Week Low $ 60.59 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
26 September 2022   LOW   smart_toy0.988   52 Week Low $ 62.90 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_bolt
10 June 2022   LOW   smart_toy0.954   52 Week Low $ 66.90 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
29 April 2022   LOW   smart_toy0.681   52 Week Low $ 74.10 select_check_box select_check_box select_check_box select_check_box select_check_box
05 March 2020   MEDIUM   smart_toy0.952   FIRE SALE 52 Week Low $ 43.44 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box electric_bolt
02 August 2019   LOW   smart_toy0.922   52 Week Low $ 45.12 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

 

The data for Netapp Inc (exchange: XNAS symbol: NTAP) was last updated 15 May 2026 23:40. Data for this stock is available from 01 Apr 2016 - 15 May 2026.