iShares MSCI Italy (EWI) Daily/Weekly Backtest Results globe

Signal:                  
                [ What are these? | Switch to EWI's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 6.39%.   Win rate: 75.00%.   Sharpe Ratio: -0.145.   Maximum drawdown: -32.10% on 12 October 2022.
Mean CAGR: 93.6%. Time in market: 1259 days.   Hypothetical return: $1000 would be worth $1258.02 on 29 November 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 Italy

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 8 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (75.00% * 8.38%) + (25.00% * 0.40%) - (0% * 0%) = 6.39%.
Wins: 6 Breakevens: 2 Losses: 0

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%
03 March 2026   MEDIUM   smart_toy0.917  factory0.241   50 Day Low $ 53.40 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt schedule
07 April 2025   MEDIUM   smart_toy0.978  factory0.755   FIRE SALE 50 Day Low $ 36.95 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
19 December 2024   MEDIUM   smart_toy0.483  factory0.406   50 Day Low $ 35.66 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_boltelectric_bolt
06 November 2024   MEDIUM   smart_toy0.679  factory0.565   50 Day Low $ 37.20 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
05 August 2024   MEDIUM   smart_toy0.454  factory0.696   50 Day Low $ 34.93 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_bolt select_check_box electric_bolt
14 June 2024   MEDIUM   smart_toy0.489  factory0.175   50 Day Low $ 35.20 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt
27 October 2023   MEDIUM   smart_toy0.749  factory0.689   50 Day Low $ 29.29 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
25 September 2023   MEDIUM   smart_toy0.358  factory0.377   50 Day Low $ 30.68 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
26 September 2022   MEDIUM   smart_toy0.992  factory0.854   FIRE SALE 50 Day Low $ 21.83 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_boltelectric_bolt
12 July 2022   MEDIUM   smart_toy0.989  factory0.911   FIRE SALE 50 Day Low $ 23.02 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt
10 June 2022   MEDIUM   smart_toy0.964  factory0.777   50 Day Low $ 25.33 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
24 February 2022   HIGH   smart_toy0.943  factory0.442   FIRE SALE 50 Day Low $ 29.94 select_check_box select_check_box select_check_box select_check_box select_check_box
20 December 2021   LOW   smart_toy0.597  factory0.509   50 Day Low $ 31.44 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box
08 July 2021   LOW   smart_toy0.848  factory0.227   50 Day Low $ 31.58 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box

 

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