Medtronic Plc (MDT) Daily/Weekly Backtest Results military_tech

Buy indicator:                
              [ What are these indicators? | Switch to MDT's monthly backtests ]
Fixed profit target:               -or-  
Expectancy: -1.70%.   Win rate: 80.0%.   Sharpe Ratio: -1.138.   Maximum drawdown: 41.74% on 13 October 2023.
Mean CAGR: 113.02%. Time in market: 2831 days.   Hypothetical return: $1000 would be worth $891.98 on 14 December 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 Medtronic Plc

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 04 March 2024 for a 5% profit target: (80.0% * 5.52%) + (0% * 0%) - (20.0% * 30.59%) = -1.70%.
Wins: 12 Breakevens: 0 Losses: 3

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.

Medtronic Plc Analysis

Market sector: Healthcare.

External links: Seeking Alpha Research, Zacks Research.

These links may show useful information about why a stock's price has fallen significantly.

 

26 week low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 26 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%.

Signal Date Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
11 March 2026 $ 89.48 schedule schedule schedule schedule schedule
28 June 2024 $ 78.72 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
30 October 2023 $ 69.31 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_boltelectric_bolt
26 September 2023 $ 78.28 select_check_box electric_bolt select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box
22 November 2022 $ 77.96 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
12 October 2022 $ 80.98 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
06 September 2022 $ 86.70 select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box select_check_box select_check_box
14 July 2022 $ 87.30 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
26 May 2022 $ 99.10 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
22 November 2021 bubble_chart $ 117.34 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
18 October 2021 bubble_chart $ 121.89 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
27 February 2020 bubble_chart $ 102.31 select_check_box select_check_box select_check_box select_check_box select_check_box
08 January 2019 bubble_chart $ 80.98 select_check_box electric_boltelectric_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
26 September 2017 bubble_chart $ 73.72 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
24 August 2017 bubble_chart $ 74.80 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box
30 December 2016 bubble_chart $ 66.62 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt
22 November 2016 bubble_chart $ 68.45 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt

 

The data for Medtronic Plc (exchange: XNYS symbol: MDT) was last updated 12 Mar 2026 06:04. Data for this stock is available from 01 Dec 2015 - 11 Mar 2026.