NOW
ServiceNow Inc
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for NOW (ServiceNow Inc) using the Excess Return MMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -42.1% (compared to the benchmark's drawdown of -64.5%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 17.6%, compared to a Buy-and-Hold benchmark return of 19.5%. The strategy executed 75 total trades.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
📊 Mathematical Model
Excess Return MMA Active
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
NOW Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | -10.90% | -50.44% | 2.13% | -3.31% | 19.70% | 20.99% | 17.63% | 19.48% |
| Sharpe Ratio | -1.08 | -1.31 | 0.08 | -0.08 | 0.64 | 0.47 | 0.59 | 0.44 |
| Max Drawdown | -16.37% | -58.34% | -42.13% | -64.54% | -42.13% | -64.54% | -42.13% | -64.54% |
| % Time Invested | 41.3% | 100.0% | 72.4% | 100.0% | 84.1% | 100.0% | 85.7% | 100.0% |
| Trades / Year | 5.0 | 0.0 | 6.6 | 0.0 | 5.9 | 0.0 | 6.3 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Upgrade to Pro to Unlock | ||||||||
| 2026-02-24 | 2026-03-18 | Completed | 33.33% | $100.96 | $115.00 | 13.85% | Signal | |
| 2026-01-30 | 2026-02-24 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2026-01-28 | 2026-01-30 | Completed | 33.33% | $132.27 | $117.54 | -11.18% | Stop | |
| 2026-01-05 | 2026-01-28 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.23% | Interest Income | |
| 2025-12-11 | 2026-01-05 | Completed | 33.33% | $170.60 | $146.51 | -14.16% | Stop | |
| 2025-11-18 | 2025-12-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.24% | Interest Income | |
| 2025-08-28 | 2025-11-18 | Completed | 33.33% | $178.10 | $165.42 | -7.17% | Stop | |
| 2025-09-05 | 2025-10-20 | Completed | 33.33% | $180.83 | $181.33 | 0.23% | Signal | |
| 2025-08-13 | 2025-09-05 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-08-06 | 2025-08-28 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-07-09 | 2025-08-13 | Completed | 33.33% | $204.90 | $172.11 | -16.04% | Stop | |
| 2025-05-01 | 2025-08-06 | Completed | 33.33% | $194.77 | $182.32 | -6.44% | Stop | |
| 2025-05-01 | 2025-07-30 | Completed | 33.33% | $194.77 | $198.32 | 1.77% | Signal | |
| 2025-04-08 | 2025-07-09 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.06% | Interest Income | |
| 2025-04-08 | 2025-05-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-04-08 | 2025-05-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-04-02 | 2025-04-08 | Completed | 33.33% | $158.94 | $153.60 | -3.40% | Stop | |
| 2025-03-17 | 2025-04-08 | Completed | 33.33% | $167.80 | $153.60 | -8.51% | Stop | |
| 2025-03-17 | 2025-04-08 | Completed | 33.33% | $167.80 | $153.60 | -8.51% | Stop | |
| 2025-03-11 | 2025-04-02 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-02-21 | 2025-03-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-02-21 | 2025-03-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-02-25 | 2025-03-11 | Completed | 33.33% | $184.74 | $160.00 | -13.44% | Stop | |
| 2025-01-31 | 2025-02-25 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2024-08-21 | 2025-02-21 | Completed | 33.33% | $166.71 | $192.94 | 15.68% | Stop | |
| 2024-06-25 | 2025-02-21 | Completed | 33.33% | $149.00 | $192.94 | 29.43% | Stop | |
| 2024-06-25 | 2025-01-31 | Completed | 33.33% | $149.00 | $206.40 | 38.46% | Stop | |
| 2024-05-31 | 2024-08-21 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.18% | Interest Income | |
| 2024-05-31 | 2024-06-25 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income | |
| 2024-05-31 | 2024-06-25 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income | |
| 2024-05-20 | 2024-05-31 | Completed | 33.33% | $152.71 | $130.36 | -14.68% | Stop | |
| 2023-01-18 | 2024-05-31 | Completed | 33.33% | $84.16 | $130.36 | 54.82% | Stop | |
| 2023-01-18 | 2024-05-31 | Completed | 33.33% | $84.16 | $130.36 | 54.82% | Stop | |
| 2024-04-26 | 2024-05-20 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income | |
| 2023-01-18 | 2024-04-26 | Completed | 33.33% | $84.16 | $144.75 | 71.91% | Stop | |
| 2022-10-14 | 2023-01-18 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 1.09% | Interest Income | |
| 2022-08-23 | 2023-01-18 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.56% | Interest Income | |
| 2022-08-23 | 2023-01-18 | Interest (CASH) | 33.33% | $1.00 | $1.02 | 1.56% | Interest Income | |
| 2022-09-21 | 2022-10-14 | Completed | 33.33% | $83.04 | $73.20 | -11.89% | Stop | |
| 2022-08-29 | 2022-09-21 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.20% | Interest Income | |
| 2022-08-04 | 2022-08-29 | Completed | 33.33% | $93.56 | $88.00 | -5.99% | Stop | |
| 2022-08-09 | 2022-08-23 | Completed | 33.33% | $98.46 | $92.00 | -6.61% | Stop | |
| 2022-08-09 | 2022-08-23 | Completed | 33.33% | $98.46 | $92.00 | -6.61% | Stop | |
| 2022-05-20 | 2022-08-09 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.40% | Interest Income | |
| 2022-02-11 | 2022-08-09 | Interest (CASH) | 33.33% | $1.00 | $1.01 | 0.57% | Interest Income | |
| 2022-07-13 | 2022-08-04 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.16% | Interest Income | |
| 2022-07-08 | 2022-07-13 | Completed | 33.33% | $97.86 | $83.20 | -15.02% | Stop | |
| 2022-06-14 | 2022-07-08 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2022-06-02 | 2022-06-14 | Completed | 33.33% | $93.93 | $88.38 | -5.96% | Stop | |
| 2022-05-10 | 2022-06-02 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2022-05-16 | 2022-05-20 | Completed | 33.33% | $89.25 | $87.53 | -1.97% | Signal | |
| 2022-04-22 | 2022-05-16 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2022-05-02 | 2022-05-10 | Completed | 33.33% | $94.94 | $88.20 | -7.14% | Stop | |
| 2022-04-07 | 2022-05-02 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income | |
| 2022-03-21 | 2022-04-22 | Completed | 33.33% | $115.00 | $98.69 | -14.23% | Stop | |
| 2022-03-18 | 2022-04-07 | Completed | 33.33% | $115.52 | $105.13 | -9.04% | Stop | |
| 2022-02-25 | 2022-03-21 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2022-02-24 | 2022-03-18 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2022-01-31 | 2022-02-25 | Completed | 33.33% | $113.45 | $113.79 | 0.25% | Stop | |
| 2022-02-01 | 2022-02-24 | Completed | 33.33% | $116.98 | $101.65 | -13.15% | Stop | |
| 2022-01-31 | 2022-02-11 | Completed | 33.33% | $113.45 | $120.69 | 6.32% | Signal | |
| 2022-01-07 | 2022-02-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2022-01-06 | 2022-01-31 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2022-01-06 | 2022-01-31 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2021-12-27 | 2022-01-07 | Completed | 33.33% | $131.20 | $114.14 | -13.05% | Stop | |
| 2021-06-25 | 2022-01-06 | Completed | 33.33% | $111.05 | $113.48 | 2.14% | Stop | |
| 2021-06-04 | 2022-01-06 | Completed | 33.33% | $92.00 | $113.48 | 23.29% | Stop | |
| 2021-12-02 | 2021-12-27 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-05-26 | 2021-12-02 | Completed | 33.33% | $95.76 | $119.91 | 25.16% | Stop | |
| 2021-05-12 | 2021-06-25 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-05-12 | 2021-06-04 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-05-04 | 2021-05-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-03-29 | 2021-05-12 | Completed | 33.33% | $97.89 | $94.65 | -3.36% | Stop | |
| 2021-03-29 | 2021-05-12 | Completed | 33.33% | $97.89 | $94.65 | -3.36% | Stop | |
| 2021-03-26 | 2021-05-04 | Completed | 33.33% | $94.70 | $97.10 | 2.49% | Stop | |
| 2021-03-05 | 2021-03-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-03-05 | 2021-03-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2021-03-04 | 2021-03-26 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2020-04-01 | 2021-03-05 | Completed | 33.33% | $54.88 | $99.25 | 80.76% | Stop | |
| 2020-04-01 | 2021-03-05 | Completed | 33.33% | $54.88 | $99.25 | 80.76% | Stop | |
| 2020-10-01 | 2021-03-04 | Completed | 33.33% | $98.31 | $102.19 | 3.89% | Stop | |
| 2020-09-09 | 2020-10-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-04-28 | 2020-09-09 | Completed | 33.33% | $62.56 | $90.42 | 44.46% | Stop | |
| 2020-04-03 | 2020-04-28 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-03-24 | 2020-04-03 | Completed | 33.33% | $55.12 | $51.77 | -6.12% | Stop | |
| 2020-03-10 | 2020-04-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-03-10 | 2020-04-01 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-03-02 | 2020-03-24 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2019-12-30 | 2020-03-10 | Completed | 33.33% | $57.26 | $60.48 | 5.57% | Stop | |
| 2019-11-15 | 2020-03-10 | Completed | 33.33% | $51.10 | $60.48 | 18.29% | Stop | |
| 2019-11-14 | 2020-03-02 | Completed | 33.33% | $50.55 | $66.77 | 32.00% | Stop | |
| 2019-10-23 | 2019-12-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.29% | Interest Income | |
| 2019-10-24 | 2019-11-15 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.10% | Interest Income | |
| 2019-10-23 | 2019-11-14 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.10% | Interest Income | |
| 2019-10-03 | 2019-10-24 | Completed | 33.33% | $49.55 | $47.31 | -4.57% | Stop | |
| 2019-10-03 | 2019-10-23 | Completed | 33.33% | $49.55 | $43.26 | -12.74% | Signal | |
| 2019-08-27 | 2019-10-23 | Completed | 33.33% | $53.80 | $43.26 | -19.64% | Stop | |
| 2019-09-11 | 2019-10-03 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.12% | Interest Income | |
| 2019-09-11 | 2019-10-03 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.12% | Interest Income | |
| 2019-02-11 | 2019-09-11 | Completed | 33.33% | $45.98 | $50.53 | 9.84% | Stop | |
| 2018-11-19 | 2019-09-11 | Completed | 33.33% | $33.91 | $50.53 | 48.92% | Stop | |
| 2019-08-05 | 2019-08-27 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.12% | Interest Income | |
| 2019-01-16 | 2019-08-05 | Completed | 33.33% | $37.90 | $51.00 | 34.49% | Stop | |
| 2018-12-12 | 2019-02-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.38% | Interest Income | |
| 2018-12-21 | 2019-01-16 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2018-12-14 | 2018-12-21 | Completed | 33.33% | $36.91 | $34.00 | -7.91% | Stop | |
| 2018-11-20 | 2018-12-14 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2018-11-19 | 2018-12-12 | Completed | 33.33% | $33.91 | $37.40 | 10.23% | Signal | |
| 2018-10-31 | 2018-11-20 | Completed | 33.33% | $34.86 | $29.80 | -14.57% | Stop | |
| 2018-10-26 | 2018-11-19 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2018-10-26 | 2018-11-19 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2018-10-09 | 2018-10-31 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2016-09-16 | 2018-10-26 | Completed | 33.33% | $15.41 | $32.85 | 113.05% | Stop | |
| 2016-06-03 | 2018-10-26 | Completed | 33.33% | $14.76 | $32.85 | 122.38% | Stop | |
| 2017-03-29 | 2018-10-09 | Completed | 33.33% | $17.26 | $35.98 | 108.40% | Stop | |
| 2016-12-29 | 2017-03-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.14% | Interest Income | |
| 2016-12-27 | 2016-12-29 | Completed | 33.33% | $15.20 | $15.03 | -1.15% | Signal | |
| 2016-12-02 | 2016-12-27 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2016-07-21 | 2016-12-02 | Completed | 33.33% | $14.48 | $14.57 | 0.57% | Stop | |
| 2016-02-17 | 2016-09-16 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.17% | Interest Income | |
| 2016-06-28 | 2016-07-21 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2016-03-02 | 2016-06-28 | Completed | 33.33% | $11.50 | $13.00 | 12.99% | Stop | |
| 2016-03-15 | 2016-06-03 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2016-02-11 | 2016-03-15 | Completed | 33.33% | $9.86 | $12.38 | 25.53% | Signal | |
| 2016-02-08 | 2016-03-02 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2016-02-11 | 2016-02-17 | Completed | 33.33% | $9.86 | $10.50 | 6.48% | Signal | |
| 2016-01-20 | 2016-02-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2016-01-20 | 2016-02-11 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2016-02-03 | 2016-02-08 | Completed | 33.33% | $11.51 | $10.18 | -11.60% | Stop | |
| 2016-01-11 | 2016-02-03 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2015-11-30 | 2016-01-20 | Completed | 33.33% | $17.52 | $14.65 | -16.40% | Stop | |
| 2015-09-17 | 2016-01-20 | Completed | 33.33% | $14.72 | $14.65 | -0.54% | Stop | |
| 2015-09-15 | 2016-01-11 | Completed | 33.33% | $14.73 | $15.74 | 6.83% | Stop | |
| 2015-08-25 | 2015-11-30 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2015-08-25 | 2015-09-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2015-08-21 | 2015-09-15 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-10-29 | 2015-08-25 | Completed | 33.33% | $13.37 | $14.16 | 5.87% | Stop | |
| 2014-09-17 | 2015-08-25 | Completed | 33.33% | $11.96 | $14.16 | 18.34% | Stop | |
| 2015-05-12 | 2015-08-21 | Completed | 33.33% | $14.60 | $13.89 | -4.94% | Stop | |
| 2015-04-20 | 2015-05-12 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2015-01-05 | 2015-04-20 | Completed | 33.33% | $13.31 | $14.72 | 10.51% | Stop | |
| 2014-12-10 | 2015-01-05 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-11-05 | 2014-12-10 | Completed | 33.33% | $13.43 | $12.51 | -6.93% | Stop | |
| 2014-10-14 | 2014-11-05 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-09-19 | 2014-10-29 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-09-17 | 2014-10-14 | Completed | 33.33% | $11.96 | $10.99 | -8.19% | Stop | |
| 2014-09-17 | 2014-09-19 | Completed | 33.33% | $11.96 | $12.35 | 3.23% | Signal | |
| 2014-09-15 | 2014-09-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-09-15 | 2014-09-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-09-15 | 2014-09-17 | Interest (CASH) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |