iShares MSCI Sweden (EWD) Daily/Weekly Backtest Results globe

Signal:                  
                [ What are these? | Switch to EWD's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 1.79%.   Win rate: 69.23%.   Sharpe Ratio: -1.59.   Maximum drawdown: -41.51% on 12 October 2022.
Mean CAGR: 107.21%. Time in market: 3443 days.   Hypothetical return: $1000 would be worth $946.00 on 06 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 Sweden

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 13 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (69.23% * 8.20%) + (7.69% * 0.13%) - (23.08% * 16.86%) = 1.79%.
Wins: 9 Breakevens: 1 Losses: 3

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%
18 March 2026   MEDIUM   smart_toy0.893  factory0.245   50 Day Low $ 49.64 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_toy0.739  factory0.429   50 Day Low $ 46.48 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
04 April 2025   MEDIUM   smart_toy0.977  factory0.802   FIRE SALE 50 Day Low $ 38.95 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_boltelectric_bolt select_check_box electric_bolt
19 December 2024   MEDIUM   smart_toy0.507  factory0.392   50 Day Low $ 37.51 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
31 October 2024   MEDIUM   smart_toy0.781  factory0.395   50 Day Low $ 39.94 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box
24 July 2024   MEDIUM   smart_toy0.141  factory0.478   50 Day Low $ 39.60 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
26 September 2023   HIGH   smart_toy0.724  factory0.468   50 Day Low $ 32.48 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
15 August 2023   HIGH   smart_toy0.609  factory0.252   50 Day Low $ 33.64 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
23 June 2023   HIGH   smart_toy0.636  factory0.269   50 Day Low $ 34.18 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box electric_bolt
17 March 2023   MEDIUM   smart_toy0.941  factory0.867   FIRE SALE 50 Day Low $ 32.83 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_bolt
12 October 2022   HIGH   smart_toy0.987  factory0.798   FIRE SALE 50 Day Low $ 26.73 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
01 September 2022   HIGH   smart_toy0.882  factory0.894   FIRE SALE 50 Day Low $ 29.34 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
13 June 2022   HIGH   smart_toy0.974  factory0.833   FIRE SALE 50 Day Low $ 32.23 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
09 May 2022   HIGH   smart_toy0.951  factory0.764   FIRE SALE 50 Day Low $ 32.93 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
22 February 2022   HIGH   smart_toy0.908  factory0.418   FIRE SALE 50 Day Low $ 39.10 select_check_box select_check_box select_check_box select_check_box select_check_box
18 January 2022   LOW   smart_toy0.78  factory0.335   50 Day Low $ 43.51 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
14 December 2021   LOW   smart_toy0.329  factory0.585   50 Day Low $ 44.06 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default disabled_by_default disabled_by_default
20 September 2021   LOW   smart_toy0.883  factory0.288   50 Day Low $ 45.57 select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt disabled_by_default disabled_by_default
18 June 2021   LOW   smart_toy0.96  factory0.247   50 Day Low $ 45.70 select_check_box electric_bolt select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default

 

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