Resmed Inc (RMD) Daily/Weekly Backtest Results

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

Expectancy: 10.30%.   Win rate: 100%.   Sharpe Ratio: 2.752.   Maximum drawdown: -18.56% on 22 September 2023.
Mean CAGR: 126.65%. Time in market: 707 days.   Hypothetical return: $1000 would be worth $1470.40 on 25 January 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 Resmed

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 08 May 2024 for a 7.5% profit target: (100% * 10.30%) + (0% * 0%) - (0% * 0%) = 10.30%.
Wins: 9 Breakevens: 0 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.

Resmed Analysis

Market sector: Healthcare.

External links: Seeking Alpha Research, Zacks Research.

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

 

Super Oversold Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Super Oversold 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%
11 May 2026   MEDIUM   smart_toy0.799   Super Oversold (26) $ 201.96 schedule schedule schedule schedule schedule
01 May 2026   LOW   smart_toy0.568   Super Oversold (RoC) $ 205.51 schedule schedule schedule schedule schedule
29 April 2026   LOW   smart_toy0.627   Super Oversold (26) $ 213.80 schedule schedule schedule schedule schedule
26 March 2026   MEDIUM   smart_toy0.777   FIRE SALE Super Oversold (26) $ 223.80 schedule schedule schedule schedule schedule
04 April 2025   MEDIUM   smart_toy0.965   FIRE SALE Super Oversold (26) $ 207.42 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
20 September 2023   MEDIUM   smart_toy0.887   Super Oversold (26) $ 142.29 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
08 September 2023   HIGH   smart_toy0.922   Super Oversold (52) $ 148.21 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
18 August 2023   HIGH   smart_toy0.942   Super Oversold (RoC) $ 165.45 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
18 August 2023   HIGH   smart_toy0.942   Super Oversold (MD) $ 165.45 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
17 August 2023   MEDIUM   smart_toy0.951   Super Oversold (26) $ 167.91 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
11 May 2022   HIGH   smart_toy0.982   FIRE SALE Super Oversold (GD) $ 192.74 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 April 2022   MEDIUM   smart_toy0.917   FIRE SALE Super Oversold (26) $ 199.48 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
28 January 2022   MEDIUM   smart_toy0.853   FIRE SALE Super Oversold (26) $ 218.86 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
23 March 2020   HIGH   smart_toy0.972   FIRE SALE Super Oversold (GD) $ 116.90 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

 

The data for Resmed Inc (exchange: XNYS symbol: RMD) was last updated 15 May 2026 23:40. Data for this stock is available from 04 Jan 2016 - 15 May 2026.