iShares US Medical Devices (IHI) Daily/Weekly Backtest Results

Signal:                  
                [ What are these? | Switch to IHI's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 2.86%.   Win rate: 72.73%.   Sharpe Ratio: -1.094.   Maximum drawdown: -27.50% on 30 October 2023.
Mean CAGR: 64.88%. Time in market: 2504 days.   Hypothetical return: $1000 would be worth $1055.54 on 21 October 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 US Medical Devices

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: (72.73% * 8.03%) + (9.09% * 1.16%) - (18.18% * 16.98%) = 2.86%.
Wins: 8 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.

 

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%
24 April 2026   MEDIUM   smart_toy0.726  factory0.25   50 Day Low $ 52.92 schedule schedule schedule schedule schedule
06 March 2026   MEDIUM   smart_toy0.707  factory0.397   50 Day Low $ 57.06 schedule schedule schedule schedule schedule
22 January 2026   MEDIUM   smart_toy0.84  factory0.525   50 Day Low $ 60.86 schedule schedule schedule schedule schedule
25 September 2025   MEDIUM   smart_toy0.573  factory0.341   50 Day Low $ 59.42 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule schedule
21 July 2025   MEDIUM   smart_toy0.583  factory0.289   50 Day Low $ 59.94 select_check_box select_check_box schedule schedule schedule
04 April 2025   MEDIUM   smart_toy0.928  factory0.851   FIRE SALE 50 Day Low $ 56.05 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
19 December 2024   MEDIUM   smart_toy0.723  factory0.668   50 Day Low $ 58.00 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
26 July 2024   MEDIUM   smart_toy0.58  factory0.754   50 Day Low $ 54.48 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box
16 April 2024   MEDIUM   smart_toy0.767  factory0.393   50 Day Low $ 55.62 select_check_box select_check_box select_check_box select_check_box select_check_box
26 October 2023   MEDIUM   smart_toy0.867  factory0.835   FIRE SALE 50 Day Low $ 44.77 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_boltelectric_bolt
20 September 2023   MEDIUM   smart_toy0.593  factory0.474   50 Day Low $ 50.36 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
16 August 2023   MEDIUM   smart_toy0.677  factory0.466   50 Day Low $ 52.64 select_check_box select_check_box select_check_box select_check_box select_check_box
08 March 2023   MEDIUM   smart_toy0.347  factory0.741   50 Day Low $ 51.78 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
22 September 2022   HIGH   smart_toy0.938  factory0.838   FIRE SALE 50 Day Low $ 48.56 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
13 June 2022   HIGH   smart_toy0.923  factory0.879   FIRE SALE 50 Day Low $ 49.62 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
27 April 2022   HIGH   smart_toy0.755  factory0.484   50 Day Low $ 55.78 select_check_box select_check_box select_check_box select_check_box select_check_box
22 February 2022   HIGH   smart_toy0.72  factory0.556   50 Day Low $ 56.70 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
14 January 2022   LOW   smart_toy0.842  factory0.536   50 Day Low $ 61.50 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
04 October 2021   LOW   smart_toy0.967  factory0.681   50 Day Low $ 62.18 select_check_box electric_boltelectric_bolt select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default

 

The data for iShares US Medical Devices (exchange: ARCX symbol: IHI) was last updated 30 May 2026 15:00. Data for this ETF is available from 04 Jan 2021 - 29 May 2026.