The India Internet (Exchange Traded Concepts) (INQQ) Daily/Weekly Backtest Results

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

Expectancy: 8.27%.   Win rate: 100%.   Sharpe Ratio: 12.133.   Maximum drawdown: -8.10% on 28 March 2023.
Mean CAGR: 114.72%. Time in market: 316 days.   Hypothetical return: $1000 would be worth $1165.09 on 17 May 2023.
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 India Internet & ECommerce

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 3 signal(s) occurring before 22 April 2024 for a 7.5% profit target: (100% * 8.27%) + (0% * 0%) - (0% * 0%) = 8.27%.
Wins: 3 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%
30 March 2026   MEDIUM   FIRE SALE   smart_toy0.547 Super Oversold $ 11.34 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
03 March 2026   MEDIUM     smart_toy0.344 Super Oversold $ 12.38 select_check_box electric_bolt select_check_box electric_bolt schedule schedule schedule
23 January 2026   MEDIUM     smart_toy0.534 Super Oversold $ 13.48 schedule schedule schedule schedule schedule
12 January 2026   MEDIUM     smart_toy0.55 Super Oversold $ 14.32 schedule schedule schedule schedule schedule
28 February 2025   MEDIUM     smart_toy0.323 Super Oversold $ 13.67 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
27 February 2025   HIGH   FIRE SALE   smart_toy0.359 Super Oversold $ 13.88 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
27 December 2022   LOW     smart_toy0.855 Super Oversold $ 10.41 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
23 December 2022   LOW     smart_toy0.941 Super Oversold $ 10.07 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box electric_bolt select_check_box electric_bolt
05 July 2022   LOW     smart_toy0.755 Super Oversold $ 11.40 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

 

The data for The India Internet (Exchange Traded Concepts) (exchange: ARCX symbol: INQQ) was last updated 30 Apr 2026 07:00. Data for this ETF is available from 07 Apr 2022 - 29 Apr 2026.