PANW
Palo Alto Networks Inc
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for PANW (Palo Alto Networks Inc) using the Moving Average (50/200)* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -54.1% (compared to the benchmark's drawdown of -48.0%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 10.7%, compared to a Buy-and-Hold benchmark return of 28.4%. The strategy executed 28 total trades.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
📊 Mathematical Model
Excess Return MMA
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) Active
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
🎯 Investment Objective
🛡️ Long-Term Investing Active
Ideal for wealth preservation and multi-year horizons. Optimized for low turnover and tax efficiency.
⚔️ Tactical Trading
Ideal for active capital rotation and momentum-first accounts. Optimized for high sensitivity to price shifts.
Switch to MMA to enable
PANW Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | -13.95% | 61.01% | 8.69% | 37.30% | 8.26% | 30.92% | 10.72% | 28.35% |
| Sharpe Ratio | -0.52 | 1.15 | 0.25 | 0.74 | 0.26 | 0.69 | 0.34 | 0.64 |
| Max Drawdown | -21.02% | -36.01% | -39.33% | -36.01% | -43.09% | -47.98% | -54.15% | -47.98% |
| % Time Invested | 52.8% | 100.0% | 65.6% | 100.0% | 64.7% | 100.0% | 64.5% | 100.0% |
| Trades / Year | 4.0 | 0.0 | 2.6 | 0.0 | 2.4 | 0.0 | 2.4 | 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 | ||||||||
| 2026-03-25 | 2026-05-18 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.53% | Interest Income | |
| 2026-03-11 | 2026-03-25 | Completed | 100% | $166.65 | $159.70 | -4.22% | Stop | |
| 2026-01-21 | 2026-03-11 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.49% | Interest Income | |
| 2025-12-16 | 2026-01-21 | Completed | 100% | $185.10 | $184.46 | -0.40% | Signal | |
| 2025-11-21 | 2025-12-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.24% | Interest Income | |
| 2025-08-25 | 2025-11-21 | Completed | 100% | $185.18 | $185.01 | -0.14% | Stop | |
| 2025-08-01 | 2025-08-25 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-05-01 | 2025-08-01 | Completed | 100% | $188.64 | $173.13 | -8.27% | Stop | |
| 2025-04-08 | 2025-05-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-04-01 | 2025-04-08 | Completed | 100% | $168.52 | $157.72 | -6.46% | Stop | |
| 2025-03-10 | 2025-04-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2025-02-04 | 2025-03-10 | Completed | 100% | $181.31 | $177.60 | -2.10% | Stop | |
| 2025-01-10 | 2025-02-04 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income | |
| 2024-08-28 | 2025-01-10 | Completed | 100% | $174.74 | $171.80 | -1.73% | Stop | |
| 2024-08-06 | 2024-08-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.33% | Interest Income | |
| 2024-03-15 | 2024-08-06 | Completed | 100% | $142.12 | $150.06 | 5.53% | Stop | |
| 2024-02-22 | 2024-03-15 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.34% | Interest Income | |
| 2023-08-29 | 2024-02-22 | Completed | 100% | $116.39 | $137.07 | 17.71% | Stop | |
| 2023-08-07 | 2023-08-29 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.34% | Interest Income | |
| 2023-03-21 | 2023-08-07 | Completed | 100% | $95.65 | $109.54 | 14.46% | Stop | |
| 2022-06-24 | 2023-03-21 | Interest (CASH) | 100% | $1.00 | $1.03 | 2.77% | Interest Income | |
| 2022-05-27 | 2022-06-24 | Completed | 100% | $85.28 | $84.91 | -0.48% | Signal | |
| 2022-05-05 | 2022-05-27 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2022-02-15 | 2022-05-05 | Completed | 100% | $87.84 | $92.00 | 4.69% | Stop | |
| 2022-01-24 | 2022-02-15 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2021-03-29 | 2022-01-24 | Completed | 100% | $53.17 | $79.09 | 48.68% | Stop | |
| 2021-03-05 | 2021-03-29 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2020-09-30 | 2021-03-05 | Completed | 100% | $40.79 | $56.33 | 38.03% | Stop | |
| 2020-09-08 | 2020-09-30 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-06-23 | 2020-09-08 | Completed | 100% | $38.68 | $38.33 | -0.94% | Stop | |
| 2020-02-26 | 2020-06-23 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2019-12-02 | 2020-02-26 | Completed | 100% | $37.98 | $32.85 | -13.56% | Stop | |
| 2019-07-24 | 2019-12-02 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.65% | Interest Income | |
| 2019-06-21 | 2019-07-24 | Completed | 100% | $34.53 | $37.33 | 8.05% | Signal | |
| 2019-05-30 | 2019-06-21 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.14% | Interest Income | |
| 2019-03-01 | 2019-05-30 | Completed | 100% | $41.01 | $33.85 | -17.50% | Stop | |
| 2018-11-21 | 2019-03-01 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.63% | Interest Income | |
| 2018-11-05 | 2018-11-21 | Completed | 100% | $30.87 | $28.33 | -8.29% | Stop | |
| 2018-10-12 | 2018-11-05 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2017-05-10 | 2018-10-12 | Completed | 100% | $19.43 | $34.97 | 79.82% | Stop | |
| 2017-03-02 | 2017-05-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.15% | Interest Income | |
| 2017-02-24 | 2017-03-02 | Completed | 100% | $25.25 | $19.37 | -23.33% | Stop | |
| 2017-01-04 | 2017-02-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2016-12-16 | 2017-01-04 | Completed | 100% | $21.50 | $21.20 | -1.44% | Signal | |
| 2016-11-23 | 2016-12-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.03% | Interest Income | |
| 2016-10-10 | 2016-11-23 | Completed | 100% | $26.68 | $23.38 | -12.44% | Stop | |
| 2016-02-08 | 2016-10-10 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.19% | Interest Income | |
| 2016-02-02 | 2016-02-08 | Completed | 100% | $24.92 | $20.67 | -17.12% | Stop | |
| 2016-01-08 | 2016-02-02 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2015-11-13 | 2016-01-08 | Completed | 100% | $26.05 | $27.61 | 5.95% | Stop | |
| 2015-10-22 | 2015-11-13 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2015-09-04 | 2015-10-22 | Completed | 100% | $26.67 | $27.00 | 1.17% | Stop | |
| 2015-08-13 | 2015-09-04 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-10-07 | 2015-08-13 | Completed | 100% | $16.85 | $28.56 | 69.38% | Stop | |
| 2014-10-03 | 2014-10-07 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |