iShares MSCI Germany (EWG) Daily/Weekly Backtest Results globe

Buy indicator:                
              [ What are these indicators? | Switch to EWG's monthly backtests ]
Fixed profit target:               -or-  

Expectancy: 1.21%.   Win rate: 60.0%.   Sharpe Ratio: -1.424.   Maximum drawdown: -40.29% on 29 September 2022.
Mean CAGR: 105.6%. Time in market: 2984 days.   Hypothetical return: $1000 would be worth $1021.19 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 Germany

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 10 signal(s) occurring before 19 March 2024 for a 7.5% profit target: (60.0% * 8.78%) + (10.0% * 0.30%) - (30.0% * 13.61%) = 1.21%.
Wins: 6 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.

 

26 week low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 26 week 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%
20 March 2026   45     26 Week Low $ 38.78 schedule schedule schedule schedule schedule
07 November 2025  bubble_chart   35     26 Week Low $ 40.28 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
25 October 2023   45     26 Week Low $ 25.16 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
21 September 2023   45     26 Week Low $ 26.78 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
20 September 2022   45     26 Week Low $ 21.34 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_boltelectric_bolt
12 July 2022   45   smart_toy0.989   mode_heat 26 Week Low $ 21.88 select_check_box electric_boltelectric_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
10 June 2022   45   smart_toy0.983   mode_heat 26 Week Low $ 24.94 select_check_box select_check_box select_check_box select_check_box select_check_box
09 May 2022   45   smart_toy0.951   mode_heat 26 Week Low $ 24.98 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box
01 March 2022   55     26 Week Low $ 28.38 select_check_box select_check_box select_check_box select_check_box select_check_box
24 January 2022       26 Week Low $ 31.47 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
26 November 2021       26 Week Low $ 32.15 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
30 September 2021       26 Week Low $ 32.98 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default

 

The data for iShares MSCI Germany (exchange: ARCX symbol: EWG) was last updated 27 Mar 2026 13:40. Data for this ETF is available from 04 Jan 2021 - 26 Mar 2026.