New Jersey Resources Corporation (NJR) Daily/Weekly Backtest Results military_tech

Signal:                  
                  [ What are these? | Switch to NJR's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Threshold:           [ What are these scores? ]
Expectancy: 4.99%.   Win rate: 84.48%.   Sharpe Ratio: -7.344.   Maximum drawdown: -45.41% on 24 September 2020.
Mean CAGR: 68.09%. Time in market: 11902 days.   Hypothetical return: $1000 would be worth $1299.51 on 14 April 2025.
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 New Jersey Resources

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 58 signal(s) occurring before 01 June 2024 for a 7.5% profit target: (84.48% * 8.25%) + (1.72% * 0.60%) - (13.79% * 14.47%) = 4.99%.
Wins: 49 Breakevens: 1 Losses: 8

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.

New Jersey Resources Analysis

Market sector: Utilities.

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%
15 May 2026   cards_starLOW    electrical_servicesLOW   Double Seven $ 57.60 schedule schedule schedule schedule schedule
13 April 2026   cards_starLOW    electrical_servicesHIGH   Double Seven $ 56.45 schedule schedule schedule schedule schedule
11 March 2026   cards_starLOW    electrical_servicesLOW   Double Seven $ 53.72 select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt schedule schedule
08 December 2025   cards_starMEDIUM    electrical_servicesLOW   Double Seven $ 44.82 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
04 November 2025   cards_starLOW    electrical_servicesLOW   Double Seven $ 44.58 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 select_check_box electric_bolt
03 October 2025   cards_starLOW    electrical_servicesLOW   Double Seven $ 47.02 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
28 May 2025   cards_starLOW    electrical_servicesLOW   Double Seven $ 45.68 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
25 April 2025   cards_starMEDIUM    electrical_servicesLOW   Double Seven $ 49.12 select_check_box select_check_box select_check_box select_check_box select_check_box
25 March 2025   cards_starLOW    electrical_servicesLOW   Double Seven $ 48.12 select_check_box select_check_box select_check_box select_check_box select_check_box
19 February 2025   cards_starLOW    electrical_servicesHIGH   Double Seven $ 46.25 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box select_check_box
17 January 2025   cards_starLOW    electrical_servicesHIGH   Double Seven $ 47.40 select_check_box select_check_box select_check_box select_check_box select_check_box
16 December 2024   cards_starLOW     Double Seven $ 47.69 select_check_box select_check_box select_check_box select_check_box select_check_box
12 November 2024   cards_starLOW     Double Seven $ 47.74 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box
11 October 2024   cards_starLOW     Double Seven $ 45.46 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
09 September 2024   cards_starLOW     Double Seven $ 46.10 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
06 August 2024   cards_starLOW     Double Seven $ 42.96 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_bolt
17 June 2024   cards_starLOW     Double Seven $ 41.84 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
14 May 2024   cards_starLOW     Double Seven $ 44.30 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
16 May 2023   cards_starLOW     Double Seven $ 48.17 select_check_box select_check_box select_check_box select_check_box select_check_box
13 April 2023   cards_starLOW     Double Seven $ 54.70 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
13 March 2023   cards_starLOW     Double Seven $ 49.94 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
07 February 2023   cards_starLOW     Double Seven $ 52.26 select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default
04 January 2023   cards_starLOW     Double Seven $ 49.41 select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
02 December 2022   cards_starLOW     Double Seven $ 48.44 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
30 September 2022   cards_starLOW     Double Seven $ 39.33 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
29 August 2022   cards_starLOW     Double Seven $ 45.56 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 July 2022   cards_starLOW     Double Seven $ 44.51 select_check_box electric_boltelectric_bolt select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
22 June 2022   cards_starLOW     Double Seven $ 42.30 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt
20 May 2022   cards_starLOW     Double Seven $ 45.20 select_check_box select_check_box select_check_box select_check_box select_check_box
18 April 2022   cards_starLOW     Double Seven $ 45.86 select_check_box select_check_box select_check_box select_check_box select_check_box
15 March 2022   cards_starLOW     Double Seven $ 43.33 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 February 2022   cards_starLOW     Double Seven $ 39.96 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_bolt
30 August 2021   cards_starLOW     Double Seven $ 37.14 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 July 2021   cards_starLOW     Double Seven $ 39.46 select_check_box select_check_box select_check_box select_check_box select_check_box
25 June 2021   cards_starLOW     Double Seven $ 40.42 select_check_box select_check_box select_check_box select_check_box select_check_box
24 May 2021   cards_starLOW     Double Seven $ 43.12 select_check_box select_check_box select_check_box select_check_box select_check_box
20 April 2021   cards_starLOW     Double Seven $ 42.45 select_check_box select_check_box select_check_box select_check_box select_check_box
18 March 2021   cards_starLOW     Double Seven $ 39.84 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
08 February 2021   cards_starLOW     Double Seven $ 36.54 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_bolt
05 January 2021   cards_starLOW     Double Seven $ 34.16 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
01 December 2020   cards_starMEDIUM     Double Seven $ 33.36 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
02 August 2019   cards_starMEDIUM     Double Seven $ 48.21 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
01 July 2019   cards_starLOW     Double Seven $ 47.87 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
28 May 2019   cards_starMEDIUM     Double Seven $ 46.41 select_check_box electric_boltelectric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default
23 April 2019   cards_starMEDIUM     Double Seven $ 46.67 select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default
20 March 2019   cards_starLOW     Double Seven $ 47.20 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
07 February 2019   cards_starMEDIUM     Double Seven $ 43.67 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default
04 January 2019   cards_starMEDIUM     Double Seven $ 42.70 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
03 December 2018   cards_starMEDIUM     Double Seven $ 46.31 select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
30 October 2018   cards_starMEDIUM     Double Seven $ 43.65 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
28 September 2018   cards_starLOW     Double Seven $ 43.28 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
27 August 2018   cards_starLOW     Double Seven $ 43.00 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
24 July 2018   cards_starLOW     Double Seven $ 43.05 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box
22 June 2018   cards_starLOW     Double Seven $ 41.78 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box electric_bolt select_check_box
21 May 2018   cards_starLOW     Double Seven $ 40.34 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box
09 January 2018   cards_starLOW     Double Seven $ 37.18 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
08 December 2017   cards_starLOW     Double Seven $ 40.25 select_check_box select_check_box select_check_box select_check_box select_check_box
06 November 2017   cards_starLOW     Double Seven $ 40.69 select_check_box select_check_box select_check_box select_check_box select_check_box
03 October 2017   cards_starMEDIUM     Double Seven $ 39.49 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
31 August 2017   cards_starMEDIUM     Double Seven $ 39.99 select_check_box select_check_box select_check_box select_check_box select_check_box
24 July 2017   cards_starMEDIUM     Double Seven $ 37.68 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
20 June 2017   cards_starLOW     Double Seven $ 38.64 select_check_box select_check_box select_check_box select_check_box select_check_box
09 May 2017   cards_starMEDIUM     Double Seven $ 36.70 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
07 April 2017   cards_starMEDIUM     Double Seven $ 37.09 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
07 March 2017   cards_starMEDIUM     Double Seven $ 35.46 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
31 January 2017   cards_starMEDIUM     Double Seven $ 33.78 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
28 December 2016   LOW     Double Seven $ 32.54 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
30 August 2016   LOW     Double Seven $ 30.16 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 July 2016   LOW     Double Seven $ 33.14 select_check_box select_check_box select_check_box select_check_box select_check_box
27 June 2016   LOW     Double Seven $ 33.21 select_check_box select_check_box select_check_box select_check_box select_check_box
24 May 2016   LOW     Double Seven $ 30.86 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
22 April 2016   LOW     Double Seven $ 31.05 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
22 March 2016   LOW     Double Seven $ 31.12 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
17 February 2016   LOW     Double Seven $ 30.28 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
14 January 2016   LOW     Double Seven $ 29.65 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

 

The data for New Jersey Resources Corporation (exchange: XNYS symbol: NJR) was last updated 14 Jun 2026 16:17. Data for this stock is available from 01 Dec 2015 - 08 Jun 2026.