Newmont Corp (NEM) Daily/Weekly Backtest Results

Signal:                
                   
              [ What are these? | Switch to NEM's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Scores:           Market sector score:       [ What are these scores? ]
Expectancy: 9.04%.   Win rate: 100%.   Sharpe Ratio: 3.171.   Maximum drawdown: -26.46% on 03 November 2022.
Mean CAGR: 146.13%. Time in market: 669 days.   Hypothetical return: $1000 would be worth $1776.95 on 28 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 Newmont Corp

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 10 signal(s) occurring before 05 August 2024 for a 7.5% profit target: (100% * 9.04%) + (0% * 0%) - (0% * 0%) = 9.04%.
Wins: 10 Breakevens: 0 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.

Newmont Corp Analysis

Market sector: Basic Materials.

External links: Seeking Alpha Research, Zacks Research.

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

Most Recent Buy Signals
Date Signal Type Scores Performance
Signal Sector WR Speed Risk Overall 5% 6% 7.5%
10 August 2026 Gap Up 46 61 84 90 60 60 schedule schedule schedule
06 August 2026  bubble_chart Gap Up 39 60 84 90 60 54 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
17 July 2026  bubble_chart Mega Dump Lite 59 60 84 89 64 68 schedule schedule schedule
16 July 2026  bubble_chart Williams %R (Weekly) 47 60 84 89 64 60 schedule schedule schedule
16 July 2026  bubble_chart 50 Day Low 67 60 84 89 64 72 schedule schedule schedule
15 July 2026  bubble_chart Gap Up 37 57 84 89 64 52 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
01 July 2026  bubble_chart 26 Week Low 43 46 84 90 64 53 schedule schedule schedule
23 June 2026  bubble_chart Gap Down 49 55 84 90 64 60 schedule schedule schedule
16 June 2026  bubble_chart Gap Up 54 53 84 90 64 62 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
15 June 2026  bubble_chart Mega Dump Lite 47 48 84 90 64 56 schedule schedule schedule

52 Week Low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 52 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%.

Date Buy Signal Price Scores Performance (mouseover for details)
Signal Sector WR Speed Risk Overall 5% 6% 7.5% 10% 20%
05 February 2024 52 Week Low $ 33.27 50 59 100 63 92 59 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
09 November 2023 52 Week Low $ 33.74 54 90 100 63 92 69 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
28 September 2023 52 Week Low $ 36.43 52 71 100 69 92 64 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
15 August 2023 52 Week Low $ 37.82 46 70 100 77 93 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
02 November 2022  bubble_chart 52 Week Low $ 40.72 81 87 100 79 83 88 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
29 August 2022  bubble_chart 52 Week Low $ 42.92 73 78 100 79 84 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
21 July 2022  bubble_chart 52 Week Low $ 52.22 93 77 100 79 84 91 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
02 December 2021  bubble_chart 52 Week Low $ 53.23 43 86 100 76 83 62 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
20 September 2021  bubble_chart 52 Week Low $ 54.42 32 84 100 81 85 53 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
15 August 2018  bubble_chart 52 Week Low $ 30.84 63 74 100 97 94 74 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box

 

The data for Newmont Corp (exchange: XNYS symbol: NEM) was last updated 13 Aug 2026 07:30. Data for this stock is available from 01 Dec 2015 - 12 Aug 2026.