3M Company (MMM) Daily/Weekly Backtest Results

Buy indicator:                
              [ What are these indicators? | Switch to MMM's monthly backtests ]
Fixed profit target:               -or-  
Expectancy: -3.43%.   Win rate: 71.43%.   Sharpe Ratio: -1.93.   Maximum drawdown: 52.27% on 01 June 2023.
Mean CAGR: 34.95%. Time in market: 5653 days.   Hypothetical return: $1000 would be worth $597.28 on 14 March 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 3M Company

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 21 signal(s) occurring before 25 February 2024 for a 5% profit target: (71.43% * 5.86%) + (4.76% * 1.23%) - (23.81% * 32.22%) = -3.43%.
Wins: 15 Breakevens: 1 Losses: 5

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.

3M Company 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 Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
20 January 2026 bubble_chart $ 157.78 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
10 April 2025 bubble_chart $ 134.36 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 electric_bolt
04 March 2025 bubble_chart $ 148.18 select_check_box select_check_box select_check_box select_check_box schedule
01 April 2024 $ 92.54 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_boltelectric_bolt
23 January 2024 $ 97.67 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
13 September 2023 $ 101.64 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
05 June 2023 $ 95.67 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box
01 May 2023 $ 100.56 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box select_check_box
26 August 2022 $ 136.39 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
10 June 2022 $ 139.82 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt disabled_by_default disabled_by_default
28 January 2022 $ 165.74 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
07 September 2021 $ 189.25 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
29 January 2021 $ 178.98 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt disabled_by_default
21 September 2020 $ 163.67 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 July 2020 $ 155.40 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt
11 June 2020 $ 156.22 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
03 March 2020 $ 147.35 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
28 January 2020 $ 165.53 select_check_box select_check_box select_check_box select_check_box select_check_box
25 April 2019 bubble_chart $ 185.47 select_check_box select_check_box select_check_box select_check_box select_check_box
10 October 2018 bubble_chart $ 193.79 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
24 April 2018 bubble_chart $ 189.48 select_check_box select_check_box select_check_box select_check_box disabled_by_default
22 March 2018 bubble_chart $ 211.60 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
05 February 2018 bubble_chart $ 219.50 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
25 July 2017 bubble_chart $ 183.80 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
15 December 2015 $ 131.97 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 3M Company (exchange: XNYS symbol: MMM) was last updated 04 Mar 2026 07:44. Data for this stock is available from 01 Dec 2015 - 03 Mar 2026.