iShares Global Utilities (JXI) Daily/Weekly Backtest Results

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

Expectancy: 5.59%.   Win rate: 66.67%.   Sharpe Ratio: -1.68.   Maximum drawdown: -16.44% on 03 October 2023.
Mean CAGR: 24.8%. Time in market: 2180 days.   Hypothetical return: $1000 would be worth $1265.32 on 02 May 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 Global Utilities

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 9 signal(s) occurring before 08 May 2024 for a 7.5% profit target: (66.67% * 8.24%) + (33.33% * 0.27%) - (0% * 0%) = 5.59%.
Wins: 6 Breakevens: 3 Losses: 0

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%
15 May 2026   LOW   smart_toy0.582   50 Day Low $ 83.78 schedule schedule schedule schedule schedule
17 December 2025   MEDIUM   smart_toy0.849   50 Day Low $ 77.88 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
12 December 2024   MEDIUM   smart_toy0.838   50 Day Low $ 66.44 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt
05 February 2024   MEDIUM   smart_toy0.85   50 Day Low $ 55.51 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
06 September 2023   HIGH   smart_toy0.757   50 Day Low $ 56.02 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
03 August 2023   HIGH   smart_toy0.621   50 Day Low $ 58.60 select_check_box select_check_box select_check_box select_check_box select_check_box
06 February 2023   MEDIUM   smart_toy0.799   50 Day Low $ 59.32 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
26 September 2022   MEDIUM   smart_toy0.908   FIRE SALE 50 Day Low $ 58.50 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
10 June 2022   MEDIUM   smart_toy0.932   50 Day Low $ 61.48 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box select_check_box
15 February 2022   LOW   smart_toy0.777   50 Day Low $ 60.83 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box
27 September 2021   LOW   smart_toy0.955   50 Day Low $ 60.09 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
17 June 2021   LOW   smart_toy0.836   50 Day Low $ 61.27 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box

 

The data for iShares Global Utilities (exchange: ARCX symbol: JXI) was last updated 15 May 2026 23:40. Data for this ETF is available from 04 Jan 2021 - 15 May 2026.