iShares MSCI South Africa (EZA) Daily/Weekly Backtest Results globe

Signal:                  
                [ What are these? | Switch to EZA's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 5.60%.   Win rate: 90.91%.   Sharpe Ratio: -0.331.   Maximum drawdown: -28.56% on 05 October 2023.
Mean CAGR: 60.25%. Time in market: 1590 days.   Hypothetical return: $1000 would be worth $1255.35 on 08 April 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 South Africa

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 11 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (90.91% * 8.56%) + (0% * 0%) - (9.09% * 24.00%) = 5.60%.
Wins: 10 Breakevens: 0 Losses: 1

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%
13 March 2026   MEDIUM   smart_toy0.713  factory0.393   50 Day Low $ 67.64 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt schedule
04 April 2025   MEDIUM   smart_toy0.92  factory0.684   FIRE SALE 50 Day Low $ 42.16 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_bolt
17 December 2024   MEDIUM   smart_toy0.779  factory0.344   50 Day Low $ 45.20 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 February 2024   MEDIUM   smart_toy0.537  factory0.216   50 Day Low $ 37.03 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
17 January 2024   MEDIUM   smart_toy0.835  factory0.387   50 Day Low $ 37.34 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
06 September 2023   MEDIUM   smart_toy0.502  factory0.273   50 Day Low $ 38.36 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
11 May 2023   MEDIUM   smart_toy0.576  factory0.185   50 Day Low $ 38.38 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
24 February 2023   MEDIUM   smart_toy0.542  factory0.251   50 Day Low $ 40.76 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box select_check_box
16 September 2022   MEDIUM   smart_toy0.448  factory0.869   50 Day Low $ 38.56 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
13 June 2022   MEDIUM   smart_toy0.812  factory0.762   FIRE SALE 50 Day Low $ 42.28 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
21 April 2022   MEDIUM   smart_toy0.735  factory0.218   50 Day Low $ 50.39 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
24 November 2021   LOW   smart_toy0.446  factory0.332   50 Day Low $ 45.06 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt
26 July 2021   LOW   smart_toy0.866  factory0.17   50 Day Low $ 46.60 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box electric_bolt
22 June 2021   LOW   smart_toy0.573  factory0.185   50 Day Low $ 48.24 select_check_box select_check_box select_check_box select_check_box disabled_by_default

 

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