ServiceNow Inc (NOW) Daily/Weekly Backtest Results

Buy indicator:                  
              [ What are these indicators? | Switch to NOW's monthly backtests ]
Fixed profit target:               -or-  

Expectancy: 8.35%.   Win rate: 92.31%.   Sharpe Ratio: -4.677.   Maximum drawdown: -44.74% on 17 October 2022.
Mean CAGR: 141.07%. Time in market: 3908 days.   Hypothetical return: $1000 would be worth $9479.28 on 26 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 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 39 signal(s) occurring before 30 April 2024 for a 7.5% profit target: (92.31% * 9.00%) + (7.69% * 0.59%) - (0% * 0%) = 8.35%.
Wins: 36 Breakevens: 3 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.

 

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%.

Signal Date and Score Buy Signal Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
27 March 2026   HIGH   FIRE SALE   smart_toy0.961 Gap Down $ 101.02 schedule schedule schedule schedule schedule
15 December 2025   MEDIUM     smart_toy0.737 Gap Down $ 156.32 schedule schedule schedule schedule schedule
10 July 2025   MEDIUM     smart_toy0.676 Gap Down $ 198.18 schedule schedule schedule schedule schedule
10 April 2025   MEDIUM   FIRE SALE   smart_toy0.97 Gap Down $ 159.06 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
06 March 2025   MEDIUM     smart_toy0.963 Gap Down $ 175.71 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
30 January 2025   MEDIUM     smart_toy0.884 Gap Down $ 203.99 schedule schedule schedule schedule schedule
18 December 2024   MEDIUM     smart_toy0.789 Gap Down $ 217.85 select_check_box electric_bolt select_check_box electric_bolt schedule schedule schedule
08 July 2024   MEDIUM     smart_toy0.349 Gap Down $ 152.97 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 May 2024   MEDIUM     smart_toy0.666 Gap Down $ 133.43 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
25 April 2024   MEDIUM     smart_toy0.685 Gap Down $ 143.11 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
15 March 2024   LOW     smart_toy0.623 Gap Down $ 150.55 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
14 December 2023   LOW     smart_toy0.749 Gap Down $ 139.04 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
20 July 2023   LOW     smart_toy0.673 Gap Down $ 117.65 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
07 June 2023   LOW     smart_toy0.855 Gap Down $ 108.39 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt
14 April 2023   LOW     smart_toy0.566 Gap Down $ 92.98 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
05 January 2023   LOW     smart_toy0.953 Gap Down $ 75.48 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   MEDIUM     smart_toy0.98 Gap Down $ 81.12 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
12 July 2022   MEDIUM     smart_toy0.965 Gap Down $ 88.92 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
10 June 2022   MEDIUM     smart_toy0.95 Gap Down $ 95.59 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box select_check_box
09 May 2022   MEDIUM   FIRE SALE   smart_toy0.94 Gap Down $ 86.89 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
03 March 2022   MEDIUM     smart_toy0.944 Gap Down $ 115.43 select_check_box select_check_box select_check_box select_check_box select_check_box
25 January 2022   MEDIUM     smart_toy0.941 Gap Down $ 101.05 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
14 December 2021   LOW     smart_toy0.799 Gap Down $ 126.68 select_check_box select_check_box select_check_box select_check_box select_check_box
28 September 2021   LOW     smart_toy0.699 Gap Down $ 124.62 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default
29 April 2021   LOW     smart_toy0.57 Gap Down $ 102.60 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
04 January 2021   LOW     smart_toy0.676 Gap Down $ 108.38 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box electric_bolt
03 September 2020   LOW     smart_toy0.794 Gap Down $ 95.38 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt
11 June 2020   LOW     smart_toy0.62 Gap Down $ 76.89 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 April 2020   LOW     smart_toy0.978 Gap Down $ 58.77 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 March 2020   HIGH     smart_toy0.981 Gap Down $ 59.56 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
16 October 2019   LOW     smart_toy0.848 Gap Down $ 51.35 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
25 July 2019   LOW     smart_toy0.52 Gap Down $ 57.42 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt
13 May 2019   LOW     smart_toy0.662 Gap Down $ 52.70 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
22 March 2019   LOW     smart_toy0.564 Gap Down $ 49.02 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
21 December 2018   MEDIUM     smart_toy0.905 Gap Down $ 33.20 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
19 November 2018   MEDIUM   FIRE SALE   smart_toy0.947 Gap Down $ 32.64 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_bolt
10 October 2018   MEDIUM     smart_toy0.779 Gap Down $ 35.26 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
05 September 2018   MEDIUM     smart_toy0.808 Gap Down $ 39.08 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
07 June 2018   MEDIUM     smart_toy0.541 Gap Down $ 36.44 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
27 March 2018   MEDIUM     smart_toy0.508 Gap Down $ 33.60 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
08 February 2018   LOW     smart_toy0.883 Gap Down $ 29.31 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_bolt
29 November 2017   LOW     smart_toy0.783 Gap Down $ 24.64 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 June 2017   LOW     smart_toy0.599 Gap Down $ 21.35 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 February 2017   LOW     smart_toy0.542 Gap Down $ 17.84 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
12 October 2016   LOW     smart_toy0.592 Gap Down $ 15.19 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
24 June 2016   LOW     smart_toy0.557 Gap Down $ 14.29 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
13 January 2016   LOW     smart_toy0.977 Gap Down $ 15.79 select_check_box select_check_box select_check_box select_check_box select_check_box
11 December 2015   LOW     smart_toy0.615 Gap Down $ 16.95 select_check_box select_check_box select_check_box select_check_box select_check_box

 

The data for ServiceNow Inc (exchange: XNYS symbol: NOW) was last updated 08 May 2026 01:35. Data for this stock is available from 01 Dec 2015 - 07 May 2026.