

Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable.

Actual performance may differ significantly from backtested performance. The Stock rose vividly during the last session to 72.51 after opening rate of 71.84 while the lowest price it went was recorded 70.78 before closing at 71.25.Recently in News on December 14, 2022, Xcel Energy Inc. (XEL), which is 70.49 to be very precise. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Let’s start up with the current stock price of Xcel Energy Inc. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading.

Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The Xcel Energy 52-week low stock price is 56.89, which is 16.3 below the current. The Xcel Energy 52-week high stock price is 77.66, which is 14.2 above the current share price. The all-time high Xcel Energy stock closing price was 76.38 on September 12, 2022. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. The latest closing stock price for Xcel Energy as of Februis 67.98. Backtested performance is not an indicator of future actual results. Disclaimer: The TipRanks Smart Score performance is based on backtested results.
