Qorvo Inc (QRVO) 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 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 25 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (76.00% * 9.07%) + (8.00% * 0.13%) - (16.00% * 29.38%) = 2.20%.
Wins: 19 Breakevens: 2 Losses: 4
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.
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% | |||
| 30 March 2026 MEDIUM smart_toy0.754 factory0.696 | 50 Day Low | $ 76.74 | |||||
| 16 January 2026 MEDIUM smart_toy0.732 factory0.445 | 50 Day Low | $ 80.56 | |||||
| 07 November 2025 MEDIUM smart_toy0.763 factory0.63 | 50 Day Low | $ 86.32 | |||||
| 03 April 2025 MEDIUM smart_toy0.976 factory0.628 FIRE SALE | 50 Day Low | $ 64.88 | |||||
| 25 October 2024 MEDIUM smart_toy0.607 factory0.6 | 50 Day Low | $ 99.36 | |||||
| 16 September 2024 MEDIUM smart_toy0.542 factory0.599 | 50 Day Low | $ 102.58 | |||||
| 19 April 2024 MEDIUM smart_toy0.66 factory0.394 | 50 Day Low | $ 106.16 | |||||
| 16 October 2023 MEDIUM smart_toy0.949 factory0.781 | 50 Day Low | $ 91.85 | |||||
| 12 September 2023 MEDIUM smart_toy0.662 factory0.666 | 50 Day Low | $ 95.48 | |||||
| 13 April 2023 MEDIUM smart_toy0.846 factory0.476 | 50 Day Low | $ 93.58 | |||||
| 11 October 2022 MEDIUM smart_toy0.854 factory0.846 | 50 Day Low | $ 79.13 | |||||
| 31 August 2022 MEDIUM smart_toy0.869 factory0.812 | 50 Day Low | $ 90.90 | |||||
| 14 June 2022 MEDIUM smart_toy0.954 factory0.868 | 50 Day Low | $ 95.78 | |||||
| 11 May 2022 MEDIUM smart_toy0.964 factory0.834 | 50 Day Low | $ 102.56 | |||||
| 07 April 2022 MEDIUM smart_toy0.962 factory0.539 | 50 Day Low | $ 114.46 | |||||
| 07 March 2022 HIGH smart_toy0.978 factory0.713 | 50 Day Low | $ 126.86 | |||||
| 19 January 2022 MEDIUM smart_toy0.951 factory0.557 | 50 Day Low | $ 144.84 | |||||
| 22 November 2021 MEDIUM smart_toy0.655 factory0.691 | 50 Day Low | $ 153.62 | |||||
| 12 October 2021 MEDIUM smart_toy0.718 factory0.74 | 50 Day Low | $ 162.73 | |||||
| 09 September 2021 MEDIUM smart_toy0.82 factory0.578 | 50 Day Low | $ 178.86 | |||||
| 20 February 2020 MEDIUM smart_toy0.76 factory0.665 | 50 Day Low | $ 102.74 | |||||
| 17 May 2019 MEDIUM smart_toy0.816 factory0.702 | 50 Day Low | $ 65.10 | |||||
| 20 December 2018 HIGH smart_toy0.974 factory0.931 FIRE SALE | 50 Day Low | $ 59.80 | |||||
| 13 November 2018 MEDIUM smart_toy0.845 factory0.885 FIRE SALE | 50 Day Low | $ 63.77 | |||||
| 10 October 2018 MEDIUM smart_toy0.581 factory0.671 | 50 Day Low | $ 71.87 | |||||
| 06 September 2018 MEDIUM smart_toy0.75 factory0.62 | 50 Day Low | $ 77.34 | |||||
| 24 April 2018 MEDIUM smart_toy0.604 factory0.452 | 50 Day Low | $ 68.48 | |||||
| 08 December 2017 MEDIUM smart_toy0.675 factory0.594 | 50 Day Low | $ 68.58 | |||||
| 27 June 2017 MEDIUM smart_toy0.874 factory0.713 | 50 Day Low | $ 65.28 | |||||
| 09 May 2017 LOW smart_toy0.736 factory0.643 | 50 Day Low | $ 65.98 | |||||
| 17 October 2016 LOW smart_toy0.805 factory0.739 | 50 Day Low | $ 52.79 | |||||
The data for Qorvo Inc (exchange: XNAS symbol: QRVO) was last updated 30 May 2026 15:00. Data for this stock is available from 01 Apr 2016 - 29 May 2026.