Invesco S&P Global Water Index (CGW) Daily/Weekly Backtest Results

Signal:                  
                [ What are these? | Switch to CGW's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 4.58%.   Win rate: 66.67%.   Sharpe Ratio: -1.143.   Maximum drawdown: -28.67% on 13 October 2022.
Mean CAGR: 67.26%. Time in market: 2069 days.   Hypothetical return: $1000 would be worth $1132.64 on 04 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 Global Water

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 22 May 2024 for a 7.5% profit target: (66.67% * 8.28%) + (22.22% * 0.43%) - (11.11% * 9.30%) = 4.58%.
Wins: 6 Breakevens: 2 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.

 

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%
15 May 2026   LOW   smart_toy0.723  factory0.326   50 Day Low $ 61.89 schedule schedule schedule schedule schedule
19 March 2026   MEDIUM   smart_toy0.91  factory0.421   50 Day Low $ 62.54 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt schedule schedule
18 November 2025   MEDIUM   smart_toy0.844  factory0.57   50 Day Low $ 62.42 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
04 April 2025   MEDIUM   smart_toy0.913  factory0.744   FIRE SALE 50 Day Low $ 53.98 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
17 December 2024   MEDIUM   smart_toy0.77  factory0.603   50 Day Low $ 57.64 select_check_box select_check_box select_check_box select_check_box select_check_box
31 October 2024   MEDIUM   smart_toy0.846  factory0.52   50 Day Low $ 58.02 select_check_box select_check_box select_check_box select_check_box select_check_box
25 October 2023   HIGH   smart_toy0.729  factory0.805   50 Day Low $ 44.82 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
21 September 2023   HIGH   smart_toy0.646  factory0.534   50 Day Low $ 47.92 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
17 August 2023   HIGH   smart_toy0.712  factory0.609   50 Day Low $ 49.67 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
24 March 2023   MEDIUM   smart_toy0.865  factory0.771   50 Day Low $ 47.33 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
23 September 2022   MEDIUM   smart_toy0.948  factory0.844   FIRE SALE 50 Day Low $ 42.34 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_bolt
13 June 2022   MEDIUM   smart_toy0.898  factory0.865   FIRE SALE 50 Day Low $ 44.60 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
26 April 2022   MEDIUM   smart_toy0.78  factory0.743   50 Day Low $ 48.96 select_check_box select_check_box select_check_box select_check_box select_check_box
11 February 2022   LOW   smart_toy0.913  factory0.568   50 Day Low $ 52.26 select_check_box select_check_box select_check_box select_check_box select_check_box
10 January 2022   LOW   smart_toy0.853  factory0.49   50 Day Low $ 57.30 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default

 

The data for Invesco S&P Global Water Index (exchange: ARCX symbol: CGW) was last updated 30 May 2026 15:00. Data for this ETF is available from 04 Jan 2021 - 29 May 2026.