Official Company Name: SAP SE
Stock Symbol: SAP
Stock Market: New York Stock Exchange - NYSE
Currency: United States dollar - USD
1 Year Return
Daily closing prices, with moving averages and volumes - United States dollar (USD)
SAP is a global enterprise application software company that operates in three segments: Applications, Technology & Support; Qualtrics; and Services. It offers an ERP suite enhanced with machine learning, and advanced analytics, human resources management system, and intelligent spend management solutions. SAP also provides customer experience solutions, business technology platforms, business network, business process intelligence solutions, industry cloud, and sustainable business solutions.
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Past performance is not a guarantee of future performance. Patterns tend to repeat themselves, but they don't necessarily have to.
Successful backtests on past data do not guarantee the future success of the strategy backtested, especially as backtest overfitting may occur: when the price of a stock may fit particularly well a given trading strategy over a given period, but not necessarily outside of that period. Besides, backtests do not account for exact market conditions and may yield significantly different results in real trading practice (fees, slippage...).
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