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/OR Best Buy Signals Oversold Rebound [ 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: On Off Threshold: All Low Medium High Very High [ What are these scores? ]
Expectancy: 2.00%. Win rate: 70.59%. Sharpe Ratio: -3.537. Maximum drawdown: -43.25% on 07 April 2025.
Mean CAGR: 108.08%. Time in market: 8776 days. Hypothetical return: $1000 would be worth $1810.12 on 22 January 2026.
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 34 signal(s) occurring before 26 May 2024 for a 7.5% profit target: (70.59% * 9.02%) + (11.76% * 0.31%) - (17.65% * 24.97%) = 2.00%.
Wins: 24 Breakevens: 4 Losses: 6

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.

Double Seven Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Double Seven 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%
11 May 2026 bubble_chart cards_starLOW	Double Seven	$ 427.88	select_check_box electric_boltelectric_boltelectric_bolt	schedule	schedule	schedule	schedule
07 April 2026 bubble_chart cards_starLOW	Double Seven	$ 404.16	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
04 March 2026 bubble_chart cards_starLOW	Double Seven	$ 383.42	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
29 December 2025 cards_starMEDIUM	Double Seven	$ 282.80	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
25 November 2025 cards_starMEDIUM	Double Seven	$ 283.62	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
24 October 2025 cards_starMEDIUM	Double Seven	$ 278.14	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 electric_boltelectric_bolt
22 September 2025 cards_starMEDIUM	Double Seven	$ 253.40	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
25 July 2024 bubble_chart cards_starLOW	Double Seven	$ 324.08	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
17 May 2024 bubble_chart cards_starLOW	Double Seven	$ 326.88	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
14 May 2024 bubble_chart cards_starLOW	Double Seven	$ 323.90	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
15 April 2024 bubble_chart cards_starLOW	Double Seven	$ 332.86	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
12 April 2024 bubble_chart cards_starLOW	Double Seven	$ 339.58	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
30 January 2024 bubble_chart cards_starLOW	Double Seven	$ 296.58	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt	select_check_box
29 December 2023 bubble_chart cards_starLOW	Double Seven	$ 310.66	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	disabled_by_default
27 November 2023 bubble_chart cards_starLOW	Double Seven	$ 313.85	select_check_box	select_check_box	select_check_box	select_check_box electric_bolt	disabled_by_default
24 October 2023 bubble_chart cards_starLOW	Double Seven	$ 336.30	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
23 October 2023 bubble_chart cards_starLOW	Double Seven	$ 338.14	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
22 September 2023 bubble_chart cards_starLOW	Double Seven	$ 345.38	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
19 September 2023 bubble_chart cards_starLOW	Double Seven	$ 356.72	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
21 August 2023 bubble_chart cards_starLOW	Double Seven	$ 338.43	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	disabled_by_default	disabled_by_default	disabled_by_default
16 August 2023 bubble_chart cards_starLOW	Double Seven	$ 337.24	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	disabled_by_default	disabled_by_default	disabled_by_default
08 May 2023 bubble_chart cards_starMEDIUM	Double Seven	$ 264.01	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt
04 April 2023 bubble_chart cards_starMEDIUM	Double Seven	$ 289.87	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
03 March 2023 bubble_chart cards_starMEDIUM	Double Seven	$ 325.28	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
30 January 2023 bubble_chart cards_starLOW	Double Seven	$ 323.28	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
27 December 2022 bubble_chart cards_starLOW	Double Seven	$ 303.64	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box	select_check_box
22 November 2022 bubble_chart cards_starMEDIUM	Double Seven	$ 308.12	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box	select_check_box	select_check_box
06 July 2022 bubble_chart cards_starMEDIUM	Double Seven	$ 210.81	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
03 June 2022 bubble_chart cards_starLOW	Double Seven	$ 299.69	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
02 May 2022 bubble_chart cards_starLOW	Double Seven	$ 262.43	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_bolt
29 March 2022 cards_starLOW	Double Seven	$ 278.90	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
25 February 2022 cards_starLOW	Double Seven	$ 239.76	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
23 February 2022 cards_starLOW	Double Seven	$ 237.84	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
24 January 2022 LOW	Double Seven	$ 212.03	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
21 January 2022 LOW	Double Seven	$ 214.54	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_boltelectric_bolt
30 November 2021 LOW	Double Seven	$ 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
28 October 2021 LOW	Double Seven	$ 215.03	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
02 August 2021 LOW	Double Seven	$ 189.83	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
29 June 2021 LOW	Double Seven	$ 218.98	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box electric_bolt
26 May 2021 LOW	Double Seven	$ 208.84	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_bolt
19 April 2021 LOW	Double Seven	$ 183.30	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_boltelectric_boltelectric_bolt
17 March 2021 LOW	Double Seven	$ 209.25	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box

The data for VanEck Oil Services (exchange: ARCX symbol: OIH) was last updated 14 Jun 2026 16:17. Data for this ETF is available from 04 Jan 2021 - 02 Jun 2026.