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: 7.75%.   Win rate: 100%.   Sharpe Ratio: .   Maximum drawdown: -5.53% on 24 February 2022.
Mean CAGR: 32.07%. Time in market: 98 days.   Hypothetical return: $1000 would be worth $1077.50 on 18 April 2022.
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 1 signal(s) occurring before 26 May 2024 for a 7.5% profit target: (100% * 7.75%) + (0% * 0%) - (0% * 0%) = 7.75%.
Wins: 1 Breakevens: 0 Losses: 0

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.

 

Double Bottom Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Double Bottom 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%
10 January 2022   LOW   smart_toy0.338  factory0.213   Double Bottom $ 28.82 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

 

The data for VanEck Oil Refiners (exchange: ARCX symbol: CRAK) was last updated 03 Jun 2026 23:32. Data for this ETF is available from 04 Jan 2021 - 02 Jun 2026.