ServiceNow Inc (NOW) Daily/Weekly Backtest Results

Buy indicator: 52 Week Low 26 Week Low 50 day low Rate of Change Super Oversold Mega Dump MegaDump Lite Double Bottom
Williams %R (Weekly) Large Gap Down Super Oversold from 52W/RoC/MD/DB Best Buy Signals [ What are these indicators? | Switch to NOW's monthly backtests ]
Fixed profit target: 5% 6% 7.5% 10% 20% -or- Use trailing stop losses.
Show signal scores help.
Expectancy: 9.01%. Win rate: 81.82%. Sharpe Ratio: -0.416. Maximum drawdown: -46.49% on 17 October 2022.
Mean CAGR: 131.1%. Time in market: 2005 days. Hypothetical return: $1000 would be worth $1734.96 on 20 November 2023.
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 ServiceNow

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 11 signal(s) occurring before 12 May 2024 for a 7.5% profit target: (81.82% * 10.73%) + (18.18% * 1.25%) - (0% * 0%) = 9.01%.
Wins: 9 Breakevens: 2 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.

ServiceNow Analysis

Market sector: Technology.

External links: Seeking Alpha Research, Zacks Research.

These links may show useful information about why a stock's price has fallen significantly.

Double Bottom Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Double Bottom 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%
19 May 2026 HIGH smart_toy0.914	Double Bottom	$ 105.98	schedule	schedule	schedule	schedule	schedule
24 June 2024 LOW smart_toy0.802	Double Bottom	$ 148.16	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_bolt	select_check_box electric_boltelectric_bolt
24 June 2024 LOW smart_toy0.802	Double Bottom	$ 148.16	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_bolt	select_check_box electric_boltelectric_bolt
04 August 2022 HIGH smart_toy0.887 FIRE SALE	Double Bottom	$ 96.08	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box	select_check_box	select_check_box
04 August 2022 HIGH smart_toy0.887 FIRE SALE	Double Bottom	$ 96.08	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box	select_check_box	select_check_box
18 March 2022 HIGH smart_toy0.706	Double Bottom	$ 115.75	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
09 December 2021 LOW smart_toy0.606	Double Bottom	$ 130.82	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
18 June 2021 LOW smart_toy0.478	Double Bottom	$ 106.26	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
18 June 2021 LOW smart_toy0.478	Double Bottom	$ 106.26	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
31 December 2018 LOW smart_toy0.69	Double Bottom	$ 36.10	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
11 December 2017 LOW smart_toy0.764	Double Bottom	$ 24.55	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	select_check_box electric_boltelectric_bolt
10 January 2017 LOW smart_toy0.702	Double Bottom	$ 16.39	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_bolt
16 September 2016 LOW smart_toy0.871	Double Bottom	$ 15.43	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
16 September 2016 LOW smart_toy0.871	Double Bottom	$ 15.43	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

The data for ServiceNow Inc (exchange: XNYS symbol: NOW) was last updated 20 May 2026 04:32. Data for this stock is available from 01 Dec 2015 - 19 May 2026.