iShares MCSI Japan (EWJ) Daily/Weekly Backtest Results
*Transaction costs, taxes and dividends are excluded from these calculations. Past performance may not necessarily be a reliable guide to future performance.
Calculations for Japan
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: (66.67% * 8.24%) + (25.00% * 0.92%) - (8.33% * 7.09%) = 5.13%.
Wins: 8 Breakevens: 3 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:
= profit point not achieved.
= profit point achieved with CAGR above 15%.
= profit point achieved with CAGR of between 5% and 15%.
= 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 MEDIUM smart_toy0.928 factory0.328 | 50 Day Low | $ 82.54 | |||||
| 03 April 2025 MEDIUM smart_toy0.916 factory0.838 FIRE SALE | 50 Day Low | $ 65.76 | |||||
| 19 December 2024 MEDIUM smart_toy0.483 factory0.399 | 50 Day Low | $ 66.60 | |||||
| 23 October 2024 MEDIUM smart_toy0.784 factory0.331 | 50 Day Low | $ 66.64 | |||||
| 02 August 2024 MEDIUM smart_toy0.244 factory0.387 | 50 Day Low | $ 64.88 | |||||
| 21 June 2024 MEDIUM smart_toy0.545 factory0.251 | 50 Day Low | $ 66.06 | |||||
| 25 April 2024 MEDIUM smart_toy0.878 factory0.201 | 50 Day Low | $ 66.28 | |||||
| 03 October 2023 MEDIUM smart_toy0.808 factory0.57 | 50 Day Low | $ 58.76 | |||||
| 15 August 2023 MEDIUM smart_toy0.426 factory0.263 | 50 Day Low | $ 60.32 | |||||
| 12 October 2022 MEDIUM smart_toy0.978 factory0.805 FIRE SALE | 50 Day Low | $ 48.76 | |||||
| 06 September 2022 MEDIUM smart_toy0.759 factory0.853 | 50 Day Low | $ 51.74 | |||||
| 13 June 2022 MEDIUM smart_toy0.873 factory0.827 FIRE SALE | 50 Day Low | $ 53.56 | |||||
| 12 April 2022 MEDIUM smart_toy0.907 factory0.268 FIRE SALE | 50 Day Low | $ 58.00 | |||||
| 24 February 2022 HIGH smart_toy0.954 factory0.529 FIRE SALE | 50 Day Low | $ 61.65 | |||||
| 18 January 2022 LOW smart_toy0.84 factory0.485 | 50 Day Low | $ 66.24 | |||||
| 26 November 2021 LOW smart_toy0.472 factory0.444 | 50 Day Low | $ 67.28 | |||||
| 20 August 2021 LOW smart_toy0.955 factory0.163 | 50 Day Low | $ 66.45 | |||||
| 12 May 2021 LOW smart_toy0.91 factory0.173 | 50 Day Low | $ 65.97 | |||||
The data for iShares MCSI Japan (exchange: ARCX symbol: EWJ) was last updated 30 May 2026 15:00. Data for this ETF is available from 04 Jan 2021 - 29 May 2026.