Qorvo Inc (QRVO) Daily/Weekly Backtest Results

Buy indicator: 52 Week Low 26 Week Low 50 day low Rate of Change Super Oversold Mega Dump MegaDump Lite Double Bottom
Williams %R (Weekly) Large Gap Down Super Oversold from 52W/RoC/MD/DB Best Buy Signals [ What are these indicators? | Switch to QRVO's monthly backtests ]
Fixed profit target: 5% 6% 7.5% 10% 20% -or- Use trailing stop losses.
Show signal scores help.
Expectancy: 3.29%. Win rate: 80.0%. Sharpe Ratio: -1.19. Maximum drawdown: -58.98% on 12 October 2022.
Mean CAGR: 133.59%. Time in market: 3932 days. Hypothetical return: $1000 would be worth $896.06 on 15 July 2024.
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 25 signal(s) occurring before 08 May 2024 for a 7.5% profit target: (80.0% * 8.73%) + (12.00% * 1.04%) - (8.00% * 47.80%) = 3.29%.
Wins: 20 Breakevens: 3 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.

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%
06 May 2026 LOW smart_toy0.682	Gap Down	$ 91.18	schedule	schedule	schedule	schedule	schedule
27 March 2026 LOW smart_toy0.828	Gap Down	$ 78.70	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	schedule
07 January 2026 MEDIUM smart_toy0.825	Gap Down	$ 84.50	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	schedule
11 March 2025 MEDIUM smart_toy0.956	Gap Down	$ 72.60	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
06 February 2025 MEDIUM smart_toy0.81	Gap Down	$ 78.82	select_check_box	select_check_box	select_check_box	select_check_box electric_bolt	select_check_box electric_bolt
03 September 2024 MEDIUM smart_toy0.758	Gap Down	$ 110.98	schedule	schedule	schedule	schedule	schedule
17 July 2024 MEDIUM smart_toy0.545	Gap Down	$ 124.80	schedule	schedule	schedule	schedule	schedule
05 March 2024 MEDIUM smart_toy0.6	Gap Down	$ 116.26	select_check_box	select_check_box	select_check_box	select_check_box electric_bolt	disabled_by_default
07 September 2023 MEDIUM smart_toy0.842	Gap Down	$ 101.28	select_check_box	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt
15 December 2022 MEDIUM smart_toy0.888	Gap Down	$ 97.97	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
13 September 2022 bubble_chart MEDIUM smart_toy0.823 FIRE SALE	Gap Down	$ 88.18	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
26 July 2022 bubble_chart MEDIUM smart_toy0.93	Gap Down	$ 100.65	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box	select_check_box
09 May 2022 bubble_chart MEDIUM smart_toy0.885 FIRE SALE	Gap Down	$ 103.96	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box	select_check_box
05 April 2022 bubble_chart MEDIUM smart_toy0.955	Gap Down	$ 119.84	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
04 November 2021 bubble_chart MEDIUM smart_toy0.696	Gap Down	$ 157.10	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
18 June 2021 bubble_chart MEDIUM smart_toy0.869	Gap Down	$ 176.82	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	disabled_by_default
30 April 2021 bubble_chart MEDIUM smart_toy0.542	Gap Down	$ 191.08	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
22 February 2021 bubble_chart MEDIUM smart_toy0.522	Gap Down	$ 174.49	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	disabled_by_default
09 December 2020 bubble_chart MEDIUM smart_toy0.656	Gap Down	$ 164.04	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
28 October 2020 bubble_chart MEDIUM smart_toy0.776	Gap Down	$ 127.08	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
23 September 2020 bubble_chart MEDIUM smart_toy0.704	Gap Down	$ 128.02	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
21 May 2020 bubble_chart MEDIUM smart_toy0.735	Gap Down	$ 101.04	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
15 April 2020 bubble_chart MEDIUM smart_toy0.931	Gap Down	$ 86.02	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	select_check_box electric_boltelectric_boltelectric_bolt
11 March 2020 bubble_chart HIGH smart_toy0.974 FIRE SALE	Gap Down	$ 91.61	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt
07 February 2020 bubble_chart MEDIUM smart_toy0.871	Gap Down	$ 106.70	select_check_box	select_check_box	select_check_box electric_bolt	select_check_box	select_check_box electric_bolt
05 October 2018 MEDIUM smart_toy0.728	Gap Down	$ 74.32	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
20 August 2018 MEDIUM smart_toy0.759	Gap Down	$ 79.94	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
20 September 2017 MEDIUM smart_toy0.697	Gap Down	$ 72.31	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt	select_check_box
28 April 2017 LOW smart_toy0.596	Gap Down	$ 69.18	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
01 December 2016 LOW smart_toy0.872	Gap Down	$ 51.72	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
13 October 2016 LOW smart_toy0.694	Gap Down	$ 53.85	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
09 September 2016 LOW smart_toy0.632	Gap Down	$ 53.74	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 15 May 2026 23:40. Data for this stock is available from 01 Apr 2016 - 15 May 2026.