iShares MSCI Australia (EWA) Daily/Weekly Backtest Results globe

Signal:                  
                [ What are these? | Switch to EWA's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 5.79%.   Win rate: 83.33%.   Sharpe Ratio: -0.851.   Maximum drawdown: -23.61% on 12 October 2022.
Mean CAGR: 93.88%. Time in market: 2054 days.   Hypothetical return: $1000 would be worth $1299.20 on 13 December 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 Australia

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 12 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (83.33% * 8.21%) + (8.33% * 1.96%) - (8.33% * 14.60%) = 5.79%.
Wins: 10 Breakevens: 1 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%
04 November 2025   MEDIUM   smart_toy0.64  factory0.373   50 Day Low $ 26.40 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
10 March 2025   MEDIUM   smart_toy0.951  factory0.79   FIRE SALE 50 Day Low $ 23.52 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
12 December 2024   MEDIUM   smart_toy0.664  factory0.441   50 Day Low $ 25.28 select_check_box select_check_box select_check_box select_check_box select_check_box
05 August 2024   MEDIUM   smart_toy0.469  factory0.644   50 Day Low $ 23.10 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
27 September 2023   HIGH   smart_toy0.737  factory0.404   50 Day Low $ 21.34 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 August 2023   HIGH   smart_toy0.463  factory0.261   50 Day Low $ 21.69 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
25 May 2023   HIGH   smart_toy0.851  factory0.451   50 Day Low $ 21.69 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
15 March 2023   MEDIUM   smart_toy0.794  factory0.721   50 Day Low $ 21.83 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
23 September 2022   MEDIUM   smart_toy0.959  factory0.901   FIRE SALE 50 Day Low $ 20.06 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
14 July 2022   MEDIUM   smart_toy0.959  factory0.943   FIRE SALE 50 Day Low $ 20.58 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
10 June 2022   MEDIUM   smart_toy0.913  factory0.67   50 Day Low $ 22.42 select_check_box select_check_box select_check_box select_check_box select_check_box
09 May 2022   MEDIUM   smart_toy0.951  factory0.754   FIRE SALE 50 Day Low $ 23.48 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box
21 January 2022   LOW   smart_toy0.933  factory0.425   50 Day Low $ 23.62 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_toy0.528  factory0.426   50 Day Low $ 24.66 select_check_box select_check_box select_check_box electric_bolt select_check_box select_check_box
20 September 2021   LOW   smart_toy0.943  factory0.246   50 Day Low $ 24.76 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
08 July 2021   LOW   smart_toy0.765  factory0.227   50 Day Low $ 25.64 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default

 

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