VanEck Africa Index (AFK) Daily/Weekly Backtest Results south_america

Signal: 52 Week Low 26 Week Low 50 day low Double Seven Rate of Change Super Oversold Mega Dump MegaDump Lite
Double Bottom Williams %R (Weekly) Large Gap Down Super Oversold from 52W/RoC/MD/DB Best Buy Signals [ What are these? | Switch to AFK's monthly backtests ]
Fixed profit target: 5% 6% 7.5% 10% 20% -or- Use trailing stop losses.
Show signal scores: Off Classic Original AI Model ML4 AI Model Threshold: All Low High Very High [ What are these scores? ]
Expectancy: -1.99%. Win rate: 53.33%. Sharpe Ratio: -2.155. Maximum drawdown: -35.01% on 22 February 2024.
Mean CAGR: 51.65%. Time in market: 5467 days. Hypothetical return: $1000 would be worth $602.29 on 26 March 2024.
Key: change_history : profitable trade change_history : breakeven trade (minimal loss after 2 years) change_history : losing trade (not profitable in a 2 year timeframe)

*Transaction costs, taxes and dividends are excluded from these calculations. Past performance may not necessarily be a reliable guide to future performance.

Calculations for Africa

Expectancy is the percentage profit or loss you would expect to make on the next purchase of this stock with an entry point at the specified signal and profit target as set above. Given a large enough sample size, a positive expectancy indicates the trading strategy is likely to be profitable.

Expectancy calculation for 15 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (53.33% * 8.03%) + (20.0% * 2.62%) - (26.67% * 25.48%) = -1.99%.
Wins: 8 Breakevens: 3 Losses: 4

To even out CAGR calculations, large individual returns from particularly quick trades have been capped at 300%.

The Sharpe Ratio calculation assumes a risk free return rate of 2% per calendar year. Ideally the ratio should be a positive number. A higher positive number indicates the strategy has a more attractive risk adjusted rate of return for this particular buy signal and stock over the chart's timeframe.

50 day low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 50 day low entry signal. Hover over the icons to see more details of the particular trade, including the maximum percentage drawdown and how long it took to reach the desired percentage profit.

Key: disabled_by_default = profit point not achieved. select_check_box = profit point achieved with CAGR above 15%.
select_check_box = profit point achieved with CAGR of between 5% and 15%. select_check_box = profit point achieved but CAGR was less than 5%.

Signal Date and Score	Buy Signal	Price	Performance (mouseover for details)
			5%	6%	7.5%	10%	20%
13 March 2026 MEDIUM smart_toy0.726 factory0.383	50 Day Low	$ 25.90	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	schedule
04 April 2025 MEDIUM smart_toy0.869 factory0.78 FIRE SALE	50 Day Low	$ 15.88	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_bolt
30 December 2024 MEDIUM smart_toy0.354 factory0.348	50 Day Low	$ 15.56	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_bolt
05 August 2024 MEDIUM smart_toy0.39 factory0.448	50 Day Low	$ 14.72	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_bolt
22 January 2024 MEDIUM smart_toy0.36 factory0.277	50 Day Low	$ 13.34	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt
26 October 2023 MEDIUM smart_toy0.664 factory0.691	50 Day Low	$ 13.21	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_bolt	select_check_box electric_bolt
20 September 2023 MEDIUM smart_toy0.135 factory0.21	50 Day Low	$ 14.32	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
16 August 2023 MEDIUM smart_toy0.266 factory0.253	50 Day Low	$ 14.62	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
23 June 2023 MEDIUM smart_toy0.694 factory0.293	50 Day Low	$ 14.74	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box	select_check_box	select_check_box
18 May 2023 MEDIUM smart_toy0.6 factory0.247	50 Day Low	$ 14.92	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box	select_check_box	select_check_box
07 March 2023 MEDIUM smart_toy0.245 factory0.505	50 Day Low	$ 16.01	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
12 October 2022 MEDIUM smart_toy0.928 factory0.861 FIRE SALE	50 Day Low	$ 14.91	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box
01 September 2022 MEDIUM smart_toy0.484 factory0.917	50 Day Low	$ 16.35	select_check_box	select_check_box electric_bolt	select_check_box	select_check_box	select_check_box
13 June 2022 MEDIUM smart_toy0.714 factory0.77	50 Day Low	$ 17.93	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
25 April 2022 MEDIUM smart_toy0.413 factory0.375	50 Day Low	$ 19.91	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
26 November 2021 LOW smart_toy0.278 factory0.233	50 Day Low	$ 20.14	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box	disabled_by_default	disabled_by_default
21 September 2021 LOW smart_toy0.422 factory0.243	50 Day Low	$ 20.44	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	disabled_by_default	disabled_by_default
19 August 2021 LOW smart_toy0.694 factory0.13	50 Day Low	$ 21.15	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
13 July 2021 LOW smart_toy0.594 factory0.159	50 Day Low	$ 21.59	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default

The data for VanEck Africa Index (exchange: ARCX symbol: AFK) was last updated 30 May 2026 15:00. Data for this ETF is available from 04 Jan 2021 - 29 May 2026.