AAPL Beat VEEV by +469% Average Alpha in Our 14-Year Backtest
How did Apple Inc. (AAPL) and Veeva Systems (VEEV) fare under JumpstartSignal's 5-stage screening pipeline across our full 2012โ2025 walk-forward backtest? We flagged AAPL 4 times (10 signal days, first signal in 2012) and VEEV 1 time (2 signal days, first signal in 2017). Every entry price, return, and SPY comparison below is from the frozen backtest snapshot.
Head-to-Head Stats
AAPL โ OPPORTUNITY Apple Inc. ยท Technology
VEEV โ OPPORTUNITY Veeva Systems ยท Healthcare
Per-Signal Returns
Each bar below shows the best return from one signal cluster, held from the entry date through Feb 1, 2026. The SPY return over the same period is shown alongside each entry, alpha is the gap between the two.
AAPL Signal Clusters
| Entry Date | Entry Price | Return | SPY Return | Alpha vs SPY |
|---|---|---|---|---|
| Jan 4, 2012 | $12.39 | +1992% | +588% | +1404% |
| Nov 1, 2017 | $38.90 | +566% | +203% | +363% |
| May 14, 2018 | $43.97 | +490% | +186% | +304% |
| Jul 24, 2018 | $45.04 | +476% | +174% | +302% |
VEEV Signal Clusters
| Entry Date | Entry Price | Return | SPY Return | Alpha vs SPY |
|---|---|---|---|---|
| Feb 6, 2017 | $43.31 | +371% | +246% | +125% |
What This Teaches
Signal frequency is not opinion; it's the pipeline firing or not firing against the same rules. Over the 2012โ2025 window, AAPL triggered entries 4ร versus 1ร for VEEV. The lesson here isn't that one company is better than the other; it's that the template is tuned for a specific kind of setup and this pair shows which stock's price behaviour kept offering that setup.
Compare More
Get signals like these delivered daily
Free daily signals from the same 5-stage pipeline that flagged these entries.
No spam. Unsubscribe in one click.
FAQ
Is AAPL or VEEV a better momentum stock?
In our 14-year backtest, AAPL had an average alpha of +593% per signal versus +125% for VEEV. AAPL produced 4 buy clusters vs 1 for VEEV.
When did JumpstartSignal first flag AAPL?
Jan 4, 2012 at an entry price of $12.39 (SPOTLIGHT or OPPORTUNITY buy signal). That signal has returned +1992% held to the snapshot date, versus +588% for SPY over the same period.
When did JumpstartSignal first flag VEEV?
Feb 6, 2017 at an entry price of $43.31 (SPOTLIGHT or OPPORTUNITY buy signal). That signal has returned +371% held to the snapshot date, versus +246% for SPY.
Does this mean one stock is a buy and the other isn't?
No. Historical signal frequency and past returns are not buy recommendations. Our pipeline identifies entries that would have matched the template historically. Past performance does not guarantee future results. Use these pages as methodology research, not investment advice.
Where does the underlying data come from?
All entries on this page come from the R30 walk-forward validated backtest covering 2012-2025 (the 'seo_active' snapshot in our golden archive). Entry prices, returns, and SPY comparisons are computed from end-of-day OHLCV and frozen at snapshot time. See our methodology for details.