California Water Service Group (CWT) Daily/Weekly Backtest Results crown

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

Expectancy: 8.02%.   Win rate: 93.33%.   Sharpe Ratio: -1.016.   Maximum drawdown: -23.60% on 13 January 2025.
Mean CAGR: 125.44%. Time in market: 1876 days.   Hypothetical return: $1000 would be worth $2130.34 on 30 August 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 California Water Service

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 15 signal(s) occurring before 06 April 2024 for a 7.5% profit target: (93.33% * 8.56%) + (6.67% * 0.38%) - (0% * 0%) = 8.02%.
Wins: 14 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.

California Water Service Analysis

Market sector: Utilities.

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%
13 April 2026   LOW     Gap Down $ 45.86 schedule schedule schedule schedule schedule
26 February 2026   MEDIUM     Gap Down $ 44.64 select_check_box electric_boltelectric_boltelectric_bolt schedule schedule schedule schedule
24 January 2024   MEDIUM     Gap Down $ 46.46 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
12 June 2023   HIGH     Gap Down $ 55.08 select_check_box select_check_box select_check_box select_check_box select_check_box
20 October 2022   HIGH   smart_toy0.963   mode_heat Gap Down $ 53.64 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
13 June 2022   HIGH     Gap Down $ 52.20 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
04 April 2022   HIGH     Gap Down $ 60.22 select_check_box select_check_box select_check_box select_check_box select_check_box
18 June 2021  bubble_chart   MEDIUM     Gap Down $ 56.96 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_bolt
11 June 2020  bubble_chart   MEDIUM     Gap Down $ 46.15 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt
27 February 2020  bubble_chart   HIGH     Gap Down $ 50.91 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box
04 December 2018  bubble_chart   HIGH     Gap Down $ 43.37 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 select_check_box electric_boltelectric_bolt
25 January 2018  bubble_chart   MEDIUM     Gap Down $ 42.53 select_check_box select_check_box select_check_box select_check_box select_check_box
30 November 2016   MEDIUM     Gap Down $ 33.02 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
28 October 2016   MEDIUM     Gap Down $ 29.01 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 select_check_box electric_bolt
09 September 2016   LOW     Gap Down $ 29.11 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
17 May 2016   LOW     Gap Down $ 26.21 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
29 October 2015   LOW     Gap Down $ 21.35 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

 

The data for California Water Service Group (exchange: XNYS symbol: CWT) was last updated 14 Apr 2026 13:15. Data for this stock is available from 01 Sep 2015 - 13 Apr 2026.