Qorvo Inc (QRVO) Daily/Weekly Backtest Results

Signal:                
                   
              [ What are these? | Switch to QRVO's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Scores:           Market sector score:       [ What are these scores? ]
Expectancy: 2.58%.   Win rate: 70.0%.   Sharpe Ratio: -0.966.   Maximum drawdown: -45.89% on 12 October 2022.
Mean CAGR: 122.3%. Time in market: 2387 days.   Hypothetical return: $1000 would be worth $1010.07 on 15 November 2022.
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 Qorvo Inc

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: (70.0% * 8.42%) + (10.0% * 0.37%) - (20.0% * 16.76%) = 2.58%.
Wins: 7 Breakevens: 1 Losses: 2

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.

Qorvo Inc Analysis

Market sector: Industrials.

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%
23 July 2026 Gap Down 36 62 73 94 48 53 schedule schedule schedule
17 July 2026 Mega Dump Lite 42 69 73 94 53 59 schedule schedule schedule
08 July 2026 50 Day Low 62 72 73 94 53 74 schedule schedule schedule
22 June 2026 Oversold Rebound 35 50 73 94 53 48 schedule schedule schedule
15 June 2026 Mega Dump Lite 34 56 73 94 53 50 schedule schedule schedule
10 June 2026 Gap Down 44 43 73 94 54 52 schedule schedule schedule
08 June 2026 Double Seven 37 73 73 94 54 56 schedule schedule schedule
26 May 2026 Oversold Rebound 39 78 73 94 54 59 schedule schedule schedule
06 May 2026 Gap Down 38 80 73 90 52 58 schedule schedule schedule
30 March 2026 50 Day Low 56 82 73 90 51 73 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_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%
03 April 2025 52 Week Low $ 64.88 83 78 79 80 61 87 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
30 October 2024 52 Week Low $ 75.52 80 76 82 79 64 85 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
11 October 2022  bubble_chart 52 Week Low $ 79.13 99 96 100 83 80 100 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_boltelectric_boltelectric_bolt
31 August 2022  bubble_chart 52 Week Low $ 90.90 90 86 100 82 80 94 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 June 2022  bubble_chart 52 Week Low $ 95.78 96 92 100 82 80 99 select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box
11 May 2022  bubble_chart 52 Week Low $ 102.56 96 91 100 90 86 100 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box
08 April 2022  bubble_chart 52 Week Low $ 114.20 91 81 100 89 87 93 select_check_box select_check_box select_check_box select_check_box select_check_box
07 March 2022  bubble_chart 52 Week Low $ 126.86 78 79 100 84 84 85 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
19 January 2022  bubble_chart 52 Week Low $ 144.84 73 91 100 86 87 85 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
26 November 2021  bubble_chart 52 Week Low $ 148.88 51 89 100 84 87 69 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt disabled_by_default disabled_by_default
20 December 2018 52 Week Low $ 59.80 99 97 100 92 94 100 select_check_box electric_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
12 November 2018 52 Week Low $ 64.32 80 79 100 92 92 86 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt

 

The data for Qorvo Inc (exchange: XNAS symbol: QRVO) was last updated 13 Aug 2026 08:56. Data for this stock is available from 01 Apr 2016 - 12 Aug 2026.