Netapp Inc (NTAP) Daily/Weekly Backtest Results
*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 21 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (90.48% * 10.14%) + (9.52% * 1.81%) - (0% * 0%) = 9.35%.
Wins: 19 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.
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.
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:
= profit point not achieved.
= profit point achieved with CAGR above 15%.
= profit point achieved with CAGR of between 5% and 15%.
= 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 April 2026 LOW smart_toy0.241 factory0.271 | 50 Day Low | $ 96.09 | |||||
| 08 January 2026 LOW smart_toy0.603 factory0.433 | 50 Day Low | $ 104.72 | |||||
| 07 November 2025 MEDIUM smart_toy0.763 factory0.558 | 50 Day Low | $ 112.90 | |||||
| 03 April 2025 MEDIUM smart_toy0.991 factory0.828 FIRE SALE | 50 Day Low | $ 84.18 | |||||
| 28 February 2025 MEDIUM smart_toy0.867 factory0.689 | 50 Day Low | $ 99.57 | |||||
| 13 January 2025 MEDIUM smart_toy0.96 factory0.799 FIRE SALE | 50 Day Low | $ 114.64 | |||||
| 21 February 2024 LOW smart_toy0.812 factory0.756 | 50 Day Low | $ 84.82 | |||||
| 23 October 2023 LOW smart_toy0.962 factory0.825 FIRE SALE | 50 Day Low | $ 73.36 | |||||
| 16 December 2022 LOW smart_toy0.538 factory0.761 | 50 Day Low | $ 60.59 | |||||
| 23 September 2022 LOW smart_toy0.97 factory0.841 FIRE SALE | 50 Day Low | $ 63.54 | |||||
| 05 July 2022 LOW smart_toy0.981 factory0.906 FIRE SALE | 50 Day Low | $ 63.04 | |||||
| 20 May 2022 LOW smart_toy0.981 factory0.854 | 50 Day Low | $ 67.74 | |||||
| 18 April 2022 LOW smart_toy0.808 factory0.505 FIRE SALE | 50 Day Low | $ 75.82 | |||||
| 24 February 2022 MEDIUM smart_toy0.974 factory0.585 FIRE SALE | 50 Day Low | $ 76.05 | |||||
| 21 January 2022 LOW smart_toy0.893 factory0.552 | 50 Day Low | $ 85.66 | |||||
| 17 November 2021 LOW smart_toy0.866 factory0.627 | 50 Day Low | $ 88.36 | |||||
| 04 March 2021 LOW smart_toy0.602 factory0.573 | 50 Day Low | $ 62.28 | |||||
| 05 March 2020 MEDIUM smart_toy0.952 factory0.672 FIRE SALE | 50 Day Low | $ 43.44 | |||||
| 28 January 2020 LOW smart_toy0.612 factory0.665 | 50 Day Low | $ 56.28 | |||||
| 01 August 2019 LOW smart_toy0.497 factory0.68 | 50 Day Low | $ 55.76 | |||||
| 23 May 2019 LOW smart_toy0.577 factory0.715 | 50 Day Low | $ 58.48 | |||||
| 20 December 2018 MEDIUM smart_toy0.986 factory0.867 FIRE SALE | 50 Day Low | $ 55.02 | |||||
| 15 November 2018 MEDIUM smart_toy0.899 factory0.816 FIRE SALE | 50 Day Low | $ 65.84 | |||||
| 11 October 2018 MEDIUM smart_toy0.735 factory0.795 | 50 Day Low | $ 70.18 | |||||
| 29 August 2017 LOW smart_toy0.82 factory0.494 | 50 Day Low | $ 35.00 | |||||
| 02 June 2017 LOW smart_toy0.778 factory0.619 | 50 Day Low | $ 36.20 | |||||
| 01 November 2016 LOW smart_toy0.838 factory0.767 | 50 Day Low | $ 30.44 | |||||
The data for Netapp Inc (exchange: XNAS symbol: NTAP) was last updated 30 May 2026 15:00. Data for this stock is available from 01 Apr 2016 - 29 May 2026.