Abbott Laboratories (ABT) Daily/Weekly Backtest Results crown

Buy indicator:                  
              [ What are these indicators? | Switch to ABT's monthly backtests ]
Fixed profit target:               -or-  

Expectancy: 7.43%.   Win rate: 92.31%.   Sharpe Ratio: -0.319.   Maximum drawdown: -24.43% on 13 October 2023.
Mean CAGR: 95.06%. Time in market: 1477 days.   Hypothetical return: $1000 would be worth $1988.73 on 21 November 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 Abbott Laboratories

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 13 signal(s) occurring before 30 April 2024 for a 7.5% profit target: (92.31% * 8.02%) + (7.69% * 0.34%) - (0% * 0%) = 7.43%.
Wins: 12 Breakevens: 1 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.

Abbott Laboratories Analysis

Market sector: Biotech.

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%
16 April 2026   MEDIUM   FIRE SALE   smart_toy0.939 Gap Down $ 96.30 schedule schedule schedule schedule schedule
22 January 2026   MEDIUM     smart_toy0.894 Gap Down $ 108.07 select_check_box electric_bolt select_check_box electric_bolt schedule schedule schedule
17 July 2025   MEDIUM     smart_toy0.598 Gap Down $ 123.53 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt schedule
18 July 2024   MEDIUM     smart_toy0.618 Gap Down $ 101.23 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt
11 October 2023   MEDIUM     smart_toy0.709 Gap Down $ 93.92 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_boltelectric_bolt
19 October 2022   HIGH     smart_toy0.966 Gap Down $ 99.56 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
23 March 2022   HIGH     smart_toy0.985 Gap Down $ 119.02 select_check_box select_check_box select_check_box select_check_box select_check_box
01 June 2021   MEDIUM     smart_toy0.709 Gap Down $ 107.97 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 electric_bolt
09 November 2020   MEDIUM     smart_toy0.79 Gap Down $ 110.60 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
17 April 2019   MEDIUM     smart_toy0.707 Gap Down $ 73.34 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
05 February 2018   LOW     smart_toy0.81 Gap Down $ 57.92 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box electric_bolt
22 November 2016   MEDIUM     smart_toy0.684 Gap Down $ 36.30 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 2016   LOW     smart_toy0.754 Gap Down $ 39.25 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
24 June 2016   LOW     smart_toy0.747 Gap Down $ 35.28 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_bolt
28 April 2016   LOW     smart_toy0.634 Gap Down $ 37.23 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
28 January 2016   LOW     smart_toy0.994 Gap Down $ 34.53 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
28 September 2015   LOW     smart_toy0.901 Gap Down $ 36.24 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

 

The data for Abbott Laboratories (exchange: XNYS symbol: ABT) was last updated 08 May 2026 01:35. Data for this stock is available from 01 Sep 2015 - 07 May 2026.