iShares MSCI Hong Kong (EWH) Daily/Weekly Backtest Results globe

Signal:                  
                [ What are these? | Switch to EWH's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: -4.81%.   Win rate: 47.06%.   Sharpe Ratio: -2.558.   Maximum drawdown: -39.51% on 31 October 2022.
Mean CAGR: 44.19%. Time in market: 6513 days.   Hypothetical return: $1000 would be worth $670.92 on 24 February 2025.
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 Hong Kong

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 17 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (47.06% * 8.42%) + (17.65% * 1.56%) - (35.29% * 25.64%) = -4.81%.
Wins: 8 Breakevens: 3 Losses: 6

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%
07 April 2025   MEDIUM   smart_toy0.937  factory0.724   FIRE SALE 50 Day Low $ 15.79 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
17 December 2024   MEDIUM   smart_toy0.61  factory0.241   50 Day Low $ 16.70 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
05 July 2024   MEDIUM   smart_toy0.421  factory0.209   50 Day Low $ 15.16 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
12 April 2024   MEDIUM   smart_toy0.344  factory0.169   50 Day Low $ 15.23 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt
10 January 2024   MEDIUM   smart_toy0.888  factory0.38   50 Day Low $ 16.32 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
05 December 2023   MEDIUM   smart_toy0.274  factory0.543   50 Day Low $ 16.33 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box select_check_box electric_bolt
26 October 2023   MEDIUM   smart_toy0.765  factory0.707   50 Day Low $ 16.70 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box
21 September 2023   MEDIUM   smart_toy0.604  factory0.308   50 Day Low $ 17.14 select_check_box select_check_box select_check_box select_check_box select_check_box
11 August 2023   MEDIUM   smart_toy0.432  factory0.217   50 Day Low $ 18.62 select_check_box select_check_box select_check_box select_check_box select_check_box
12 May 2023   MEDIUM   smart_toy0.494  factory0.192   50 Day Low $ 19.59 select_check_box select_check_box select_check_box select_check_box select_check_box
23 February 2023   MEDIUM   smart_toy0.73  factory0.512   50 Day Low $ 20.52 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
12 October 2022   MEDIUM   smart_toy0.927  factory0.851   FIRE SALE 50 Day Low $ 18.15 select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
06 September 2022   MEDIUM   smart_toy0.535  factory0.779   50 Day Low $ 19.98 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt disabled_by_default
02 August 2022   MEDIUM   smart_toy0.301  factory0.675   50 Day Low $ 20.72 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
09 May 2022   MEDIUM   smart_toy0.826  factory0.564   FIRE SALE 50 Day Low $ 20.61 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default disabled_by_default
28 February 2022   MEDIUM   smart_toy0.735  factory0.426   50 Day Low $ 22.72 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
30 November 2021   LOW   smart_toy0.308  factory0.282   50 Day Low $ 23.36 select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default
15 September 2021   LOW   smart_toy0.8  factory0.144   50 Day Low $ 24.97 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
26 July 2021   LOW   smart_toy0.709  factory0.131   50 Day Low $ 26.26 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
21 June 2021   LOW   smart_toy0.342  factory0.125   50 Day Low $ 26.60 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default

 

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