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: 8.51%.   Win rate: 88.89%.   Sharpe Ratio: 0.689.   Maximum drawdown: -45.42% on 28 February 2024.
Mean CAGR: 167.08%. Time in market: 1128 days.   Hypothetical return: $1000 would be worth $1632.81 on 20 September 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 9 signal(s) occurring before 17 July 2024 for a 7.5% profit target: (88.89% * 9.50%) + (11.11% * 0.57%) - (0% * 0%) = 8.51%.
Wins: 8 Breakevens: 1 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 Score Performance
5% 6% 7.5%
17 July 2026  bubble_chart Mega Dump Lite   smart_toyLOW (59)    front_loaderLOW   schedule schedule schedule
16 July 2026  bubble_chart Williams %R (Weekly)   smart_toyLOW (47)    front_loaderLOW   schedule schedule schedule
16 July 2026  bubble_chart 50 Day Low   smart_toyLOW (67)    front_loaderLOW   schedule schedule schedule
15 July 2026  bubble_chart Gap Up   smart_toyLOW (37)    front_loaderLOW   schedule schedule schedule
01 July 2026  bubble_chart 26 Week Low   smart_toyLOW (43)    front_loaderLOW   schedule schedule schedule
23 June 2026  bubble_chart Gap Down   smart_toyLOW (49)    front_loaderLOW   schedule schedule schedule
16 June 2026  bubble_chart Gap Up   smart_toyLOW (54)    front_loaderLOW   schedule schedule schedule
15 June 2026  bubble_chart Mega Dump Lite   smart_toyLOW (47)    front_loaderLOW   schedule schedule schedule
12 June 2026  bubble_chart Double Seven   smart_toyLOW (56)    front_loaderLOW   select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
09 June 2026  bubble_chart Williams %R (Weekly)   smart_toyLOW (38)    front_loaderLOW   select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt

Gap Up Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Gap Up 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, Score and Sector Score Buy Signal Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
15 July 2026  bubble_chart   smart_toyLOW (37)    front_loaderLOW   Gap Up $ 95.32 schedule schedule schedule schedule schedule
16 June 2026  bubble_chart   smart_toyLOW (54)    front_loaderLOW   Gap Up $ 107.62 schedule schedule schedule schedule schedule
07 May 2026  bubble_chart   smart_toyLOW (38)    front_loaderLOW   Gap Up $ 116.04 schedule schedule schedule schedule schedule
09 April 2026  bubble_chart   smart_toyLOW (61)    front_loaderLOW   Gap Up $ 118.49 schedule schedule schedule schedule schedule
02 April 2026  bubble_chart   smart_toyLOW (52)    front_loaderLOW   Gap Up $ 111.68 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt schedule schedule
26 March 2026  bubble_chart   smart_toyLOW (70)    front_loaderLOW   Gap Up $ 99.18 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_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
04 February 2026  bubble_chart   smart_toyLOW (70)    front_loaderLOW   Gap Up $ 118.81 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt schedule schedule
14 April 2025   smart_toyHIGH (93)    front_loaderHIGH   Gap Up $ 54.24 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
26 April 2024   smart_toyLOW (21)    front_loaderLOW   Gap Up $ 42.98 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
25 January 2023   smart_toyLOW (70)     Gap Up $ 54.07 select_check_box select_check_box select_check_box select_check_box select_check_box
14 December 2022  bubble_chart   smart_toyLOW (78)     Gap Up $ 47.12 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
11 November 2022  bubble_chart   smart_toyLOW (77)     Gap Up $ 46.58 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
25 March 2020   smart_toyHIGH (96)     Gap Up $ 47.14 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
10 November 2016  bubble_chart   smart_toyLOW (64)     Gap Up $ 33.28 select_check_box select_check_box select_check_box select_check_box select_check_box
27 June 2016  bubble_chart   smart_toyHIGH (94)     Gap Up $ 35.04 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
06 June 2016  bubble_chart   smart_toyHIGH (95)     Gap Up $ 32.85 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
12 February 2016   smart_toyHIGH (95)     Gap Up $ 23.47 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_boltelectric_bolt

 

The data for Newmont Corp (exchange: XNYS symbol: NEM) was last updated 27 Jul 2026 07:54. Data for this stock is available from 01 Dec 2015 - 24 Jul 2026.