iShares MSCI Spain (EWP) Daily/Weekly Backtest Results globe

Signal:                  
                  [ What are these? | Switch to EWP's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Threshold:           [ What are these scores? ]
Expectancy: 6.40%.   Win rate: 89.66%.   Sharpe Ratio: -4.207.   Maximum drawdown: -35.88% on 12 October 2022.
Mean CAGR: 65.66%. Time in market: 4713 days.   Hypothetical return: $1000 would be worth $1218.15 on 16 September 2024.
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 Spain

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 29 signal(s) occurring before 26 May 2024 for a 7.5% profit target: (89.66% * 7.88%) + (3.45% * 0.05%) - (6.90% * 9.70%) = 6.40%.
Wins: 26 Breakevens: 1 Losses: 2

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.

 

Double Seven Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Double Seven 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%
02 June 2026   cards_starLOW     Double Seven $ 57.46 schedule schedule schedule schedule schedule
04 May 2026   cards_starLOW     Double Seven $ 55.28 schedule schedule schedule schedule schedule
01 May 2026   cards_starLOW     Double Seven $ 56.76 schedule schedule schedule schedule schedule
31 March 2026   cards_starLOW     Double Seven $ 53.82 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt schedule schedule
30 March 2026   cards_starLOW     Double Seven $ 52.29 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 schedule
27 February 2026   cards_starLOW     Double Seven $ 57.60 schedule schedule schedule schedule schedule
24 February 2026   cards_starLOW     Double Seven $ 57.06 schedule schedule schedule schedule schedule
26 January 2026   cards_starLOW     Double Seven $ 55.86 schedule schedule schedule schedule schedule
21 January 2026   cards_starLOW     Double Seven $ 54.28 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule schedule
23 December 2025   cards_starLOW     Double Seven $ 53.72 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule schedule
19 December 2025   cards_starLOW     Double Seven $ 53.56 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule schedule
19 November 2025   cards_starLOW     Double Seven $ 49.99 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt schedule
17 November 2025   cards_starLOW     Double Seven $ 50.96 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
14 October 2025   cards_starLOW     Double Seven $ 48.88 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
12 September 2025   cards_starLOW     Double Seven $ 48.72 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
11 August 2025   cards_starLOW     Double Seven $ 47.02 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
08 July 2025   cards_starLOW     Double Seven $ 44.58 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt
06 June 2025   cards_starLOW     Double Seven $ 43.64 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 May 2025   cards_starMEDIUM     Double Seven $ 41.13 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
01 April 2025   cards_starMEDIUM     Double Seven $ 38.23 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
13 December 2024   cards_starLOW     Double Seven $ 32.84 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
11 November 2024   cards_starLOW     Double Seven $ 33.00 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
08 October 2024   cards_starLOW     Double Seven $ 34.47 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt
06 September 2024   cards_starMEDIUM     Double Seven $ 33.46 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box electric_bolt
05 August 2024   cards_starLOW     Double Seven $ 30.80 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
02 July 2024   cards_starLOW     Double Seven $ 31.35 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
29 May 2024   cards_starLOW     Double Seven $ 32.80 select_check_box select_check_box select_check_box electric_bolt select_check_box select_check_box
26 April 2024   cards_starLOW     Double Seven $ 32.21 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box
26 March 2024   cards_starLOW     Double Seven $ 31.98 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
21 February 2024   cards_starLOW     Double Seven $ 29.70 select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box
17 January 2024   cards_starMEDIUM     Double Seven $ 29.28 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
13 December 2023   cards_starMEDIUM     Double Seven $ 30.73 select_check_box select_check_box select_check_box select_check_box select_check_box
16 October 2023   cards_starLOW     Double Seven $ 27.24 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
29 September 2023   cards_starLOW     Double Seven $ 27.67 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
12 September 2023   cards_starLOW     Double Seven $ 27.98 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
28 August 2023   cards_starLOW     Double Seven $ 28.34 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
11 August 2023   cards_starLOW     Double Seven $ 28.65 select_check_box select_check_box select_check_box electric_bolt select_check_box select_check_box
25 July 2023   cards_starLOW     Double Seven $ 29.14 select_check_box select_check_box select_check_box select_check_box select_check_box
10 July 2023   cards_starLOW     Double Seven $ 28.04 select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box select_check_box electric_bolt select_check_box
23 June 2023   cards_starLOW     Double Seven $ 27.65 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box electric_bolt select_check_box
02 June 2023   cards_starMEDIUM     Double Seven $ 27.44 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
22 May 2023   cards_starLOW     Double Seven $ 27.70 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box select_check_box
01 May 2023   cards_starMEDIUM     Double Seven $ 28.18 select_check_box select_check_box select_check_box select_check_box select_check_box
18 April 2023   cards_starLOW     Double Seven $ 28.88 select_check_box select_check_box select_check_box select_check_box select_check_box
28 March 2023   cards_starMEDIUM     Double Seven $ 26.93 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
17 March 2023   cards_starLOW     Double Seven $ 25.83 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt
22 February 2023   cards_starLOW     Double Seven $ 26.84 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
13 February 2023   cards_starLOW     Double Seven $ 27.09 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box select_check_box
18 January 2023   cards_starLOW     Double Seven $ 26.56 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
10 January 2023   cards_starLOW     Double Seven $ 25.78 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
16 December 2022   cards_starLOW     Double Seven $ 23.74 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
09 December 2022   cards_starLOW     Double Seven $ 24.32 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_bolt
07 July 2021   LOW     Double Seven $ 28.28 select_check_box select_check_box select_check_box select_check_box select_check_box
04 June 2021   LOW     Double Seven $ 30.32 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
03 June 2021   LOW     Double Seven $ 30.36 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
22 March 2021   LOW     Double Seven $ 27.16 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

 

The data for iShares MSCI Spain (exchange: ARCX symbol: EWP) was last updated 14 Jun 2026 16:17. Data for this ETF is available from 04 Jan 2021 - 02 Jun 2026.