VanEck Rare Earth & Strategic Metals (REMX) Daily/Weekly Backtest Results

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

Expectancy: 1.34%.   Win rate: 62.50%.   Sharpe Ratio: -1.029.   Maximum drawdown: -54.05% on 07 April 2025.
Mean CAGR: 151.89%. Time in market: 2149 days.   Hypothetical return: $1000 would be worth $1025.42 on 24 July 2025.
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 Rare Earth Metals

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 8 signal(s) occurring before 19 March 2024 for a 7.5% profit target: (62.50% * 8.19%) + (12.50% * 0.50%) - (25.00% * 15.34%) = 1.34%.
Wins: 5 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.

 

52 Week Low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 52 week 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   25   smart_toy0.971   mode_heat 52 Week Low $ 35.36 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
06 September 2024   35     52 Week Low $ 36.86 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 July 2024   35     52 Week Low $ 42.14 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
20 June 2024   35     52 Week Low $ 44.29 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box
12 January 2024  bubble_chart   15     52 Week Low $ 54.50 select_check_box select_check_box select_check_box select_check_box select_check_box
05 December 2023  bubble_chart   15     52 Week Low $ 54.62 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_boltelectric_bolt select_check_box
23 October 2023  bubble_chart   45     52 Week Low $ 56.64 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
19 September 2023  bubble_chart   45     52 Week Low $ 69.94 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
16 August 2023  bubble_chart   45     52 Week Low $ 73.52 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
15 March 2023  bubble_chart   15     52 Week Low $ 74.68 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt disabled_by_default
22 December 2022  bubble_chart   15     52 Week Low $ 77.84 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
06 July 2022  bubble_chart   20   smart_toy0.97   mode_heat 52 Week Low $ 82.60 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_boltelectric_bolt

 

The data for VanEck Rare Earth & Strategic Metals (exchange: ARCX symbol: REMX) was last updated 27 Mar 2026 13:49. Data for this ETF is available from 04 Jan 2021 - 26 Mar 2026.