Global X MSCI Argentina (ARGT) Daily/Weekly Backtest Results globe

Signal:                  
                [ What are these? | Switch to ARGT's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 9.14%.   Win rate: 100%.   Sharpe Ratio: 8.17.   Maximum drawdown: -23.65% on 14 July 2022.
Mean CAGR: 138.11%. Time in market: 385 days.   Hypothetical return: $1000 would be worth $1278.43 on 20 November 2023.
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 Argentina

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 6 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (100% * 9.14%) + (0% * 0%) - (0% * 0%) = 9.14%.
Wins: 6 Breakevens: 0 Losses: 0

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%
03 March 2026   MEDIUM   smart_toy0.618  factory0.216   50 Day Low $ 86.41 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt schedule
01 October 2025   MEDIUM   smart_toy0.376  factory0.245   50 Day Low $ 68.71 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
26 August 2025   MEDIUM   smart_toy0.286  factory0.187   50 Day Low $ 79.70 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
10 July 2025   MEDIUM   smart_toy0.267  factory0.212   50 Day Low $ 82.84 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
04 April 2025   MEDIUM   smart_toy0.867  factory0.66   FIRE SALE 50 Day Low $ 75.30 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_boltelectric_bolt
04 March 2025   MEDIUM   smart_toy0.852  factory0.546   50 Day Low $ 80.93 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
05 August 2024   MEDIUM   smart_toy0.337  factory0.443   50 Day Low $ 52.95 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_boltelectric_bolt
31 October 2023   MEDIUM   smart_toy0.608  factory0.63   50 Day Low $ 38.47 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_boltelectric_bolt
21 September 2023   MEDIUM   smart_toy0.429  factory0.372   50 Day Low $ 43.31 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
13 June 2022   MEDIUM   smart_toy0.913  factory0.805   FIRE SALE 50 Day Low $ 26.67 select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
06 May 2022   MEDIUM   smart_toy0.866  factory0.626   50 Day Low $ 30.66 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box electric_bolt
24 January 2022   LOW   smart_toy0.861  factory0.314   50 Day Low $ 28.49 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 select_check_box electric_boltelectric_bolt
22 November 2021   LOW   smart_toy0.424  factory0.304   50 Day Low $ 31.98 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box

 

The data for Global X MSCI Argentina (exchange: ARCX symbol: ARGT) was last updated 30 May 2026 15:00. Data for this ETF is available from 04 Jan 2021 - 29 May 2026.