VanEck Oil Services (OIH) Daily/Weekly Backtest Results

Signal: 52 Week Low 26 Week Low 50 day low Double Seven Rate of Change Super Oversold Mega Dump MegaDump Lite
Double Bottom Williams %R (Weekly) Large Gap Down Super Oversold from 52W/RoC/MD/DB Best Buy Signals [ What are these? | Switch to OIH's monthly backtests ]
Fixed profit target: 5% 6% 7.5% 10% 20% -or- Use trailing stop losses.
Show signal scores: Off Classic Original AI Model ML4 AI Model Threshold: All Low High Very High [ What are these scores? ]
Expectancy: 6.45%. Win rate: 91.67%. Sharpe Ratio: -0.133. Maximum drawdown: -38.18% on 07 April 2025.
Mean CAGR: 141.44%. Time in market: 1365 days. Hypothetical return: $1000 would be worth $1322.83 on 08 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 Oil Services

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 22 May 2024 for a 7.5% profit target: (91.67% * 8.76%) + (0% * 0%) - (8.33% * 19.01%) = 6.45%.
Wins: 11 Breakevens: 0 Losses: 1

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%
04 April 2025 bubble_chart MEDIUM smart_toy0.983 factory0.585 FIRE SALE	50 Day Low	$ 216.34	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
04 March 2025 bubble_chart MEDIUM smart_toy0.74 factory0.474	50 Day Low	$ 248.18	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box	select_check_box electric_bolt
18 December 2024 bubble_chart MEDIUM smart_toy0.314 factory0.399	50 Day Low	$ 271.58	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
06 September 2024 bubble_chart MEDIUM smart_toy0.26 factory0.206	50 Day Low	$ 277.24	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
05 August 2024 bubble_chart MEDIUM smart_toy0.266 factory0.46	50 Day Low	$ 295.60	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
04 June 2024 bubble_chart MEDIUM smart_toy0.364 factory0.181	50 Day Low	$ 300.70	select_check_box electric_boltelectric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt	select_check_box
16 January 2024 bubble_chart MEDIUM smart_toy0.404 factory0.232	50 Day Low	$ 287.06	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt
12 December 2023 bubble_chart MEDIUM smart_toy0.292 factory0.229	50 Day Low	$ 293.18	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
07 November 2023 bubble_chart MEDIUM smart_toy0.504 factory0.611	50 Day Low	$ 320.24	select_check_box	select_check_box	select_check_box	disabled_by_default	disabled_by_default
04 October 2023 bubble_chart MEDIUM smart_toy0.322 factory0.563	50 Day Low	$ 327.44	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	disabled_by_default	disabled_by_default	disabled_by_default
03 May 2023 bubble_chart MEDIUM smart_toy0.535 factory0.243	50 Day Low	$ 253.02	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
13 March 2023 bubble_chart MEDIUM smart_toy0.496 factory0.61	50 Day Low	$ 283.14	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
26 September 2022 bubble_chart MEDIUM smart_toy0.905 factory0.847 FIRE SALE	50 Day Low	$ 200.96	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
16 June 2022 bubble_chart MEDIUM smart_toy0.971 factory0.883 FIRE SALE	50 Day Low	$ 249.11	select_check_box	select_check_box	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt
30 November 2021 LOW smart_toy0.148 factory0.256	50 Day Low	$ 178.90	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
17 August 2021 LOW smart_toy0.662 factory0.197	50 Day Low	$ 176.86	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	select_check_box electric_boltelectric_bolt
16 July 2021 LOW smart_toy0.909 factory0.219	50 Day Low	$ 193.66	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
20 April 2021 LOW smart_toy0.791 factory0.233	50 Day Low	$ 178.20	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

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