Newmont Corp (NEM) Daily/Weekly Backtest Results

Signal:                  
                  [ What are these? | Switch to NEM's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Threshold:           [ What are these scores? ]
Expectancy: 3.24%.   Win rate: 76.47%.   Sharpe Ratio: -3.706.   Maximum drawdown: -63.47% on 28 February 2024.
Mean CAGR: 111.45%. Time in market: 10262 days.   Hypothetical return: $1000 would be worth $1589.42 on 16 July 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 51 signal(s) occurring before 01 June 2024 for a 7.5% profit target: (76.47% * 8.85%) + (13.73% * 1.46%) - (9.80% * 38.03%) = 3.24%.
Wins: 39 Breakevens: 7 Losses: 5

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.

 

Double Seven Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Double Seven 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%
11 May 2026  bubble_chart   cards_starLOW    front_loaderLOW   Double Seven $ 118.90 schedule schedule schedule schedule schedule
07 April 2026  bubble_chart   cards_starLOW    front_loaderLOW   Double Seven $ 113.82 select_check_box electric_boltelectric_boltelectric_bolt schedule schedule schedule schedule
06 March 2026  bubble_chart   cards_starLOW    front_loaderLOW   Double Seven $ 114.97 schedule schedule schedule schedule schedule
02 February 2026  bubble_chart   cards_starLOW    front_loaderLOW   Double Seven $ 111.96 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 schedule
12 December 2025  bubble_chart   cards_starMEDIUM    front_loaderLOW   Double Seven $ 100.13 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_boltelectric_bolt
10 November 2025  bubble_chart   cards_starMEDIUM    front_loaderLOW   Double Seven $ 87.44 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
07 October 2025  bubble_chart   cards_starMEDIUM    front_loaderLOW   Double Seven $ 87.80 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
05 September 2025  bubble_chart   cards_starMEDIUM    front_loaderLOW   Double Seven $ 76.14 select_check_box electric_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
04 August 2025   cards_starMEDIUM    front_loaderLOW   Double Seven $ 64.28 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 select_check_box electric_boltelectric_boltelectric_bolt
01 July 2025   cards_starLOW    front_loaderLOW   Double Seven $ 58.87 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
28 May 2025   cards_starLOW    front_loaderLOW   Double Seven $ 52.88 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
23 April 2025   cards_starHIGH    front_loaderHIGH   Double Seven $ 52.45 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
02 December 2024   cards_starLOW     Double Seven $ 41.24 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
29 October 2024   cards_starLOW     Double Seven $ 48.32 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
27 September 2024   cards_starLOW     Double Seven $ 54.50 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box electric_bolt
26 August 2024   cards_starLOW     Double Seven $ 52.44 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
23 July 2024   cards_starLOW     Double Seven $ 47.17 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
21 June 2024   cards_starLOW     Double Seven $ 42.47 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
20 May 2024   cards_starLOW     Double Seven $ 44.22 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
16 April 2024   cards_starLOW     Double Seven $ 38.00 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
19 May 2023   cards_starLOW     Double Seven $ 42.01 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
17 April 2023   cards_starLOW     Double Seven $ 48.73 select_check_box select_check_box select_check_box select_check_box select_check_box
08 July 2022  bubble_chart   cards_starLOW     Double Seven $ 59.70 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
06 June 2022  bubble_chart   cards_starLOW     Double Seven $ 68.02 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
03 May 2022  bubble_chart   cards_starLOW     Double Seven $ 72.54 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
01 April 2022  bubble_chart   cards_starLOW     Double Seven $ 80.78 select_check_box electric_boltelectric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default
01 March 2022  bubble_chart   cards_starLOW     Double Seven $ 67.98 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
07 July 2021  bubble_chart   cards_starLOW     Double Seven $ 63.84 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
02 June 2021  bubble_chart   cards_starLOW     Double Seven $ 73.08 select_check_box select_check_box select_check_box select_check_box disabled_by_default
28 April 2021  bubble_chart   cards_starLOW     Double Seven $ 63.99 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_bolt
18 December 2020  bubble_chart   cards_starMEDIUM     Double Seven $ 61.07 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
16 November 2020  bubble_chart   cards_starMEDIUM     Double Seven $ 65.54 select_check_box select_check_box select_check_box select_check_box select_check_box
13 October 2020  bubble_chart   cards_starMEDIUM     Double Seven $ 62.64 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
11 September 2020  bubble_chart   cards_starMEDIUM     Double Seven $ 66.67 select_check_box select_check_box select_check_box select_check_box select_check_box
10 August 2020  bubble_chart   cards_starMEDIUM     Double Seven $ 68.57 select_check_box select_check_box select_check_box select_check_box select_check_box
07 July 2020  bubble_chart   cards_starMEDIUM     Double Seven $ 61.66 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
02 June 2020  bubble_chart   cards_starLOW     Double Seven $ 59.68 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
01 May 2020  bubble_chart   cards_starMEDIUM     Double Seven $ 59.55 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
16 March 2020   cards_starHIGH     Double Seven $ 37.39 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
11 February 2020   cards_starMEDIUM     Double Seven $ 44.00 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
09 January 2020   cards_starLOW     Double Seven $ 41.40 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
03 December 2019   cards_starMEDIUM     Double Seven $ 38.78 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_boltelectric_bolt
01 November 2019   cards_starMEDIUM     Double Seven $ 39.22 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
30 September 2019   cards_starMEDIUM     Double Seven $ 37.37 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
27 August 2019   cards_starMEDIUM     Double Seven $ 39.61 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
26 July 2019   cards_starLOW     Double Seven $ 37.12 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
21 May 2019   cards_starMEDIUM     Double Seven $ 30.57 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
17 April 2019   cards_starLOW     Double Seven $ 33.78 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
17 July 2018  bubble_chart   cards_starLOW     Double Seven $ 34.59 select_check_box select_check_box select_check_box select_check_box select_check_box
15 June 2018  bubble_chart   cards_starLOW     Double Seven $ 36.48 select_check_box select_check_box select_check_box select_check_box select_check_box
14 May 2018  bubble_chart   cards_starLOW     Double Seven $ 38.10 select_check_box select_check_box select_check_box select_check_box select_check_box
10 April 2018  bubble_chart   cards_starLOW     Double Seven $ 36.85 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box select_check_box
09 March 2018  bubble_chart   cards_starLOW     Double Seven $ 35.48 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
05 February 2018  bubble_chart   cards_starLOW     Double Seven $ 36.10 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
15 December 2017  bubble_chart   cards_starLOW     Double Seven $ 33.79 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
13 November 2017  bubble_chart   cards_starLOW     Double Seven $ 33.38 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
10 October 2017  bubble_chart   cards_starMEDIUM     Double Seven $ 35.77 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
08 September 2017  bubble_chart   cards_starMEDIUM     Double Seven $ 36.81 select_check_box select_check_box select_check_box select_check_box select_check_box
07 August 2017  bubble_chart   cards_starMEDIUM     Double Seven $ 33.79 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
21 March 2017  bubble_chart   cards_starLOW     Double Seven $ 31.51 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt
15 February 2017  bubble_chart   cards_starMEDIUM     Double Seven $ 34.36 select_check_box select_check_box select_check_box select_check_box select_check_box
22 November 2016  bubble_chart   LOW     Double Seven $ 30.96 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
21 October 2016  bubble_chart   LOW     Double Seven $ 34.02 select_check_box select_check_box select_check_box select_check_box select_check_box
19 September 2016  bubble_chart   LOW     Double Seven $ 35.92 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box select_check_box
16 August 2016  bubble_chart   LOW     Double Seven $ 41.51 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
15 July 2016  bubble_chart   LOW     Double Seven $ 38.38 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 select_check_box
13 June 2016  bubble_chart   LOW     Double Seven $ 33.80 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt
10 May 2016  bubble_chart   LOW     Double Seven $ 30.18 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 select_check_box electric_boltelectric_bolt
24 March 2016   LOW     Double Seven $ 23.47 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

 

The data for Newmont Corp (exchange: XNYS symbol: NEM) was last updated 14 Jun 2026 16:17. Data for this stock is available from 01 Dec 2015 - 08 Jun 2026.