VanEck Oil Refiners (CRAK) Daily/Weekly Backtest Results

Signal:                  
                [ What are these? | Switch to CRAK's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 8.03%.   Win rate: 100%.   Sharpe Ratio: 11.266.   Maximum drawdown: -8.57% on 14 July 2022.
Mean CAGR: 151.66%. Time in market: 344 days.   Hypothetical return: $1000 would be worth $1724.97 on 28 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 Oil Refiners

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 8 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (100% * 8.03%) + (0% * 0%) - (0% * 0%) = 8.03%.
Wins: 8 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 April 2025   MEDIUM   smart_toy0.625  factory0.592   50 Day Low $ 27.48 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
12 December 2024   MEDIUM   smart_toy0.248  factory0.216   50 Day Low $ 30.64 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
15 October 2024   MEDIUM   smart_toy0.275  factory0.24   50 Day Low $ 33.00 select_check_box select_check_box select_check_box select_check_box select_check_box
12 September 2024   MEDIUM   smart_toy0.281  factory0.194   50 Day Low $ 33.16 select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box select_check_box
19 July 2024   MEDIUM   smart_toy0.243  factory0.141   50 Day Low $ 34.94 select_check_box select_check_box select_check_box select_check_box select_check_box
29 May 2024   MEDIUM   smart_toy0.332  factory0.19   50 Day Low $ 36.02 select_check_box select_check_box select_check_box select_check_box select_check_box
04 October 2023   MEDIUM   smart_toy0.287  factory0.574   50 Day Low $ 32.61 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
16 May 2023   MEDIUM   smart_toy0.751  factory0.245   50 Day Low $ 29.64 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
15 March 2023   MEDIUM   smart_toy0.281  factory0.517   50 Day Low $ 29.68 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt
23 September 2022   MEDIUM   smart_toy0.742  factory0.776   50 Day Low $ 27.01 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
30 June 2022   MEDIUM   smart_toy0.892  factory0.888   FIRE SALE 50 Day Low $ 29.64 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
26 November 2021   LOW   smart_toy0.293  factory0.262   50 Day Low $ 26.87 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt
19 August 2021   LOW   smart_toy0.622  factory0.137   50 Day Low $ 26.13 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
15 July 2021   LOW   smart_toy0.854  factory0.144   50 Day Low $ 28.03 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box

 

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