Bitwise Crypto Industry Innovators (BITQ) Daily/Weekly Backtest Results

Signal:                
                   
              [ What are these? | Switch to BITQ's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Scores:           Market sector score:       [ What are these scores? ]
Expectancy: 6.81%.   Win rate: 88.89%.   Sharpe Ratio: 0.138.   Maximum drawdown: -77.03% on 28 December 2022.
Mean CAGR: 176.82%. Time in market: 988 days.   Hypothetical return: $1000 would be worth $1290.45 on 02 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 Crypto Industry

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 9 signal(s) occurring before 03 August 2024 for a 7.5% profit target: (88.89% * 10.30%) + (0% * 0%) - (11.11% * 21.09%) = 6.81%.
Wins: 8 Breakevens: 0 Losses: 1

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.

Williams %R (Weekly) Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Williams %R (Weekly) 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%.

Date Buy Signal Price Scores Performance (mouseover for details)
Signal Sector WR Speed Risk Overall 5% 6% 7.5% 10% 20%
29 July 2026  bubble_chart Williams %R (Weekly) $ 22.14 41 14 92 97 43 36 select_check_box electric_boltelectric_boltelectric_bolt schedule schedule schedule schedule
04 February 2026  bubble_chart Williams %R (Weekly) $ 19.50 62 31 91 93 59 57 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_boltelectric_bolt
28 March 2025  bubble_chart Williams %R (Weekly) $ 12.92 71 43 91 87 49 68 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_boltelectric_bolt
21 February 2025  bubble_chart Williams %R (Weekly) $ 17.36 64 33 91 88 51 59 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
22 September 2023  bubble_chart Williams %R (Weekly) $ 6.69 58 32 100 98 100 55 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_boltelectric_bolt
20 December 2022  bubble_chart Williams %R (Weekly) $ 3.48 91 80 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
16 November 2022  bubble_chart Williams %R (Weekly) $ 4.80 85 57 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_boltelectric_bolt
14 October 2022  bubble_chart Williams %R (Weekly) $ 6.09 92 86 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
10 June 2022  bubble_chart Williams %R (Weekly) $ 7.40 91 70 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
21 April 2022  bubble_chart Williams %R (Weekly) $ 14.06 80 56 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
07 March 2022  bubble_chart Williams %R (Weekly) $ 14.46 77 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
19 January 2022  bubble_chart Williams %R (Weekly) $ 17.58 76 47 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt disabled_by_default disabled_by_default
17 December 2021  bubble_chart Williams %R (Weekly) $ 21.60 71 36 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 disabled_by_default

 

The data for Bitwise Crypto Industry Innovators (exchange: ARCX symbol: BITQ) was last updated 13 Aug 2026 07:17. Data for this ETF is available from 17 May 2021 - 10 Aug 2026.