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

Buy indicator:                
              [ What are these indicators? | Switch to GDXJ's monthly backtests ]
Fixed profit target:               -or-  

Expectancy: 9.11%.   Win rate: 100%.   Sharpe Ratio: 3.668.   Maximum drawdown: -31.20% on 27 September 2022.
Mean CAGR: 167.77%. Time in market: 1063 days.   Hypothetical return: $1000 would be worth $1680.42 on 03 October 2022.
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 12 signal(s) occurring before 25 March 2024 for a 7.5% profit target: (100% * 9.11%) + (0% * 0%) - (0% * 0%) = 9.11%.
Wins: 12 Breakevens: 0 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.

 

Super Oversold Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Super Oversold 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   HIGH   smart_toy0.964   mode_heat Super Oversold $ 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 schedule
26 September 2022   MEDIUM     Super Oversold $ 26.54 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
23 September 2022   HIGH   smart_toy0.953   mode_heat Super Oversold $ 27.48 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
01 September 2022   HIGH     Super Oversold $ 28.52 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
14 July 2022   HIGH   smart_toy0.994   mode_heat Super Oversold $ 29.96 select_check_box electric_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
01 July 2022   MEDIUM   smart_toy0.977   mode_heat Super Oversold $ 32.24 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
30 June 2022   HIGH   smart_toy0.981   mode_heat Super Oversold $ 32.51 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box electric_bolt select_check_box electric_bolt
30 June 2022   MEDIUM   smart_toy0.981   mode_heat Super Oversold $ 32.51 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box electric_bolt select_check_box electric_bolt
23 June 2022   HIGH   smart_toy0.961   mode_heat Super Oversold $ 35.06 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
12 May 2022   HIGH   smart_toy0.976   mode_heat Super Oversold $ 36.25 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
10 May 2022   HIGH     Super Oversold $ 38.43 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box
19 August 2021   LOW     Super Oversold $ 40.24 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 select_check_box electric_bolt
01 March 2021   LOW     Super Oversold $ 45.76 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt

 

The data for VanEck Junior Gold Miners (exchange: ARCX symbol: GDXJ) was last updated 02 Apr 2026 21:58. Data for this ETF is available from 04 Jan 2021 - 01 Apr 2026.