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: 5.63%.   Win rate: 85.71%.   Sharpe Ratio: -1.43.   Maximum drawdown: -55.08% on 28 February 2024.
Mean CAGR: 150.72%. Time in market: 3557 days.   Hypothetical return: $1000 would be worth $2612.96 on 01 August 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 28 signal(s) occurring before 05 August 2024 for a 7.5% profit target: (85.71% * 8.72%) + (7.14% * 0.81%) - (7.14% * 26.57%) = 5.63%.
Wins: 24 Breakevens: 2 Losses: 2

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

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%.

Date Buy Signal Price Scores Performance (mouseover for details)
Signal Sector WR Speed Risk Overall 5% 6% 7.5% 10% 20%
23 June 2026  bubble_chart Gap Down $ 97.88 49 55 84 90 64 60 schedule schedule schedule schedule schedule
15 May 2026  bubble_chart Gap Down $ 110.64 40 85 85 87 65 60 schedule schedule schedule schedule schedule
03 March 2026  bubble_chart Gap Down $ 119.44 47 70 84 87 70 63 schedule schedule schedule schedule schedule
30 January 2026  bubble_chart Gap Down $ 115.18 50 83 85 87 75 68 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 schedule
29 December 2025  bubble_chart Gap Down $ 100.20 71 78 85 86 75 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_boltelectric_bolt
27 June 2025 Gap Down $ 57.10 52 51 86 72 66 59 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
12 May 2025 Gap Down $ 50.90 59 47 87 71 69 61 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
04 April 2025 Gap Down $ 45.52 59 73 87 68 70 70 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
21 February 2025 Gap Down $ 46.40 40 74 87 68 72 57 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
24 October 2024 Gap Down $ 52.49 59 74 88 63 73 69 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
25 July 2024 Gap Down $ 45.74 49 48 91 59 80 54 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
22 April 2024 Gap Down $ 37.56 29 75 100 64 91 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_bolt
13 February 2024 Gap Down $ 32.16 44 82 100 62 92 60 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
09 January 2024 Gap Down $ 38.82 48 63 100 62 92 58 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 2023 Gap Down $ 37.54 58 72 100 69 92 68 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
16 May 2023 Gap Down $ 44.12 57 70 100 81 94 68 select_check_box select_check_box select_check_box select_check_box select_check_box
07 March 2023 Gap Down $ 43.22 70 67 100 83 91 75 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 October 2022  bubble_chart Gap Down $ 43.45 84 94 100 80 84 92 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
26 August 2022  bubble_chart Gap Down $ 44.26 81 75 100 79 84 84 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
14 July 2022  bubble_chart Gap Down $ 55.78 90 94 100 79 83 96 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
09 June 2022  bubble_chart Gap Down $ 65.70 74 83 100 79 84 83 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
10 February 2022  bubble_chart Gap Down $ 61.70 47 81 100 76 84 64 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 October 2021  bubble_chart Gap Down $ 55.58 43 89 100 80 84 63 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
17 June 2021  bubble_chart Gap Down $ 65.24 21 51 100 74 88 35 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
28 October 2020  bubble_chart Gap Down $ 59.60 70 94 100 71 87 82 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
23 September 2020  bubble_chart Gap Down $ 61.60 62 89 100 71 84 76 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt
03 June 2020  bubble_chart Gap Down $ 56.46 46 75 100 84 91 62 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
30 April 2020  bubble_chart Gap Down $ 60.10 61 73 100 84 91 72 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
09 March 2020 Gap Down $ 48.67 56 82 100 84 87 71 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
05 September 2019 Gap Down $ 39.48 59 85 100 86 82 74 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
14 January 2019  bubble_chart Gap Down $ 30.81 72 89 100 81 85 83 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_bolt
26 September 2018  bubble_chart Gap Down $ 28.95 36 69 100 96 96 53 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
15 August 2018  bubble_chart Gap Down $ 30.84 41 74 100 97 94 58 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box
24 August 2016  bubble_chart Gap Down $ 38.28 40 38 select_check_box select_check_box select_check_box select_check_box select_check_box
20 July 2016  bubble_chart Gap Down $ 37.17 64 83 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
04 May 2016  bubble_chart Gap Down $ 30.53 78 87 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
23 March 2016 Gap Down $ 23.93 77 84 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_boltelectric_bolt
08 January 2016 Gap Down $ 16.95 62 86 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

 

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.