VanEck Junior Gold Miners (GDXJ) Daily/Weekly Backtest Results

Signal:                  
                [ What are these? | Switch to GDXJ's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 8.04%.   Win rate: 92.31%.   Sharpe Ratio: 0.369.   Maximum drawdown: -37.06% on 27 September 2022.
Mean CAGR: 125.91%. Time in market: 1308 days.   Hypothetical return: $1000 would be worth $1800.04 on 07 March 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 Junior Gold Miners

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 13 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (92.31% * 8.71%) + (7.69% * 0.08%) - (0% * 0%) = 8.04%.
Wins: 12 Breakevens: 1 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%
19 March 2026  bubble_chart   MEDIUM   smart_toy0.964  factory0.758   50 Day Low $ 107.79 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_toy0.722  factory0.439   50 Day Low $ 44.38 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_boltelectric_bolt
05 August 2024   MEDIUM   smart_toy0.166  factory0.412   50 Day Low $ 41.40 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
05 February 2024   MEDIUM   smart_toy0.563  factory0.339   50 Day Low $ 33.30 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
26 September 2023   MEDIUM   smart_toy0.614  factory0.541   50 Day Low $ 33.04 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
15 August 2023   MEDIUM   smart_toy0.301  factory0.303   50 Day Low $ 34.46 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
20 June 2023   MEDIUM   smart_toy0.93  factory0.238   50 Day Low $ 36.14 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
17 February 2023   MEDIUM   smart_toy0.302  factory0.347   50 Day Low $ 34.37 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
31 August 2022   MEDIUM   smart_toy0.394  factory0.876   50 Day Low $ 29.56 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
23 June 2022   MEDIUM   smart_toy0.961  factory0.886   FIRE SALE 50 Day Low $ 35.06 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
02 May 2022   MEDIUM   smart_toy0.782  factory0.645   50 Day Low $ 42.00 select_check_box select_check_box select_check_box select_check_box select_check_box
06 January 2022   LOW   smart_toy0.858  factory0.213   50 Day Low $ 39.08 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_boltelectric_bolt
23 September 2021   LOW   smart_toy0.565  factory0.303   50 Day Low $ 39.50 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_boltelectric_bolt
09 August 2021   LOW   smart_toy0.872  factory0.203   50 Day Low $ 42.48 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 June 2021   LOW   smart_toy0.797  factory0.238   50 Day Low $ 46.82 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
30 March 2021   LOW   smart_toy0.428  factory0.223   50 Day Low $ 43.83 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

 

The data for VanEck Junior Gold Miners (exchange: ARCX symbol: GDXJ) was last updated 30 May 2026 15:00. Data for this ETF is available from 04 Jan 2021 - 29 May 2026.