Newmont Corp (NEM)
Expectancy 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 9 signal(s) occurring before 22 November 2023 for a 5% profit target: (100% * 6.23%) + (0% * 0%) - (0% * 0%) = 6.23%.
Wins: 9 Breakevens: 0 Losses: 0
52 Week Low Backtest Summary
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:
= profit point not achieved.
= profit point achieved with CAGR above 15%.
= profit point achieved with CAGR of between 5% and 15%.
= profit point achieved but CAGR was less than 5%.
| Signal Date | Price | Performance (mouseover for details) | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5% | 10% | 20% | |||||||||
| 05 February 2024 | $33.27 | ||||||||||
| 09 November 2023 | $33.74 | ||||||||||
| 28 September 2023 | $36.43 | ||||||||||
| 15 August 2023 | $37.82 | ||||||||||
| 02 November 2022 | $40.72 | ||||||||||
| 29 August 2022 | $42.92 | ||||||||||
| 21 July 2022 | $52.22 | ||||||||||
| 02 December 2021 | $53.23 | ||||||||||
| 20 September 2021 | $54.42 | ||||||||||
| 15 August 2018 | $30.84 | ||||||||||
The data for Newmont Corp (exchange: XNYS symbol: NEM) was last updated 30 Nov 2025 16:16. Data for this stock is available from 01 Dec 2015 - 28 Nov 2025.
