Netapp Inc (NTAP) Daily/Weekly Backtest Results

Signal: 52 Week Low 26 Week Low 50 day low Double Seven Rate of Change Super Oversold Mega Dump MegaDump Lite
Double Bottom Williams %R (Weekly) Large Gap Down Super Oversold from 52W/RoC/MD/DB/OR Best Buy Signals Oversold Rebound [ What are these? | Switch to NTAP's monthly backtests ]
Fixed profit target: 5% 6% 7.5% 10% 20% -or- Use trailing stop losses.
Show signal scores: On Off Threshold: All Low Medium High Very High [ What are these scores? ]
Expectancy: 3.15%. Win rate: 72.00%. Sharpe Ratio: -2.04. Maximum drawdown: -55.97% on 23 March 2020.
Mean CAGR: 121.2%. Time in market: 5522 days. Hypothetical return: $1000 would be worth $1284.78 on 13 June 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 25 signal(s) occurring before 02 June 2024 for a 7.5% profit target: (72.00% * 8.64%) + (16.00% * 1.64%) - (12.00% * 27.80%) = 3.15%.
Wins: 18 Breakevens: 4 Losses: 3

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.

Large Gap Down Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each large gap down 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%
05 June 2026 bubble_chart cards_starLOW computerLOW	Gap Down	$ 172.02	schedule	schedule	schedule	schedule	schedule
16 January 2026 cards_starLOW	Gap Down	$ 106.60	select_check_box	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt
10 October 2025 cards_starLOW	Gap Down	$ 116.47	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box electric_bolt
03 April 2025 cards_starLOW	Gap Down	$ 84.18	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
28 February 2025 cards_starLOW	Gap Down	$ 99.57	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box	select_check_box	select_check_box electric_bolt
27 January 2025 cards_starLOW	Gap Down	$ 120.74	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
27 November 2024 cards_starLOW	Gap Down	$ 125.68	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
22 October 2024 cards_starLOW	Gap Down	$ 121.88	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box	select_check_box	select_check_box
29 August 2024 cards_starLOW	Gap Down	$ 122.14	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box	select_check_box	select_check_box
31 May 2023 cards_starLOW	Gap Down	$ 65.71	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
22 March 2023 cards_starMEDIUM	Gap Down	$ 62.70	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 electric_bolt
30 November 2022 cards_starLOW	Gap Down	$ 66.24	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box electric_bolt
26 August 2022 bubble_chart cards_starLOW	Gap Down	$ 76.20	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
05 May 2022 bubble_chart cards_starLOW	Gap Down	$ 74.24	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
31 March 2022 bubble_chart cards_starLOW	Gap Down	$ 84.52	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
24 February 2022 bubble_chart cards_starLOW sirenFIRE SALE	Gap Down	$ 76.05	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
19 January 2022 bubble_chart cards_starLOW	Gap Down	$ 91.38	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
18 June 2021 bubble_chart cards_starLOW	Gap Down	$ 79.52	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
25 February 2021 bubble_chart cards_starLOW	Gap Down	$ 64.58	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
26 October 2020 cards_starLOW	Gap Down	$ 45.67	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
09 June 2020 cards_starLOW	Gap Down	$ 46.63	select_check_box	select_check_box	select_check_box	select_check_box electric_bolt	select_check_box electric_bolt
01 May 2020 cards_starLOW	Gap Down	$ 41.13	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 March 2020 cards_starHIGH sirenFIRE SALE	Gap Down	$ 39.75	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
17 January 2020 cards_starLOW	Gap Down	$ 61.42	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
14 August 2019 cards_starMEDIUM	Gap Down	$ 43.56	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt
24 April 2019 cards_starLOW	Gap Down	$ 71.63	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
14 February 2019 bubble_chart cards_starLOW	Gap Down	$ 59.32	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
19 December 2018 bubble_chart cards_starHIGH sirenFIRE SALE	Gap Down	$ 57.11	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
15 November 2018 bubble_chart cards_starMEDIUM sirenFIRE SALE	Gap Down	$ 65.84	select_check_box	select_check_box	select_check_box	select_check_box electric_bolt	disabled_by_default
10 October 2018 bubble_chart cards_starLOW	Gap Down	$ 72.94	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	disabled_by_default	disabled_by_default	disabled_by_default
05 September 2018 bubble_chart cards_starLOW	Gap Down	$ 80.20	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
17 August 2017 cards_starLOW	Gap Down	$ 36.84	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_boltelectric_bolt
04 November 2016 LOW	Gap Down	$ 28.05	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
24 June 2016 LOW	Gap Down	$ 22.06	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_boltelectric_bolt

The data for Netapp Inc (exchange: XNAS symbol: NTAP) was last updated 14 Jun 2026 16:17. Data for this stock is available from 01 Apr 2016 - 09 Jun 2026.