SPDR Silver Shares ETF (SLV) Daily/Weekly Backtest Results

Signal:                
                   
              [ What are these? | Switch to SLV's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Scores:           Market sector score:       [ What are these scores? ]
Expectancy: 4.66%.   Win rate: 85.71%.   Sharpe Ratio: -0.091.   Maximum drawdown: -34.54% on 01 September 2022.
Mean CAGR: 169.2%. Time in market: 999 days.   Hypothetical return: $1000 would be worth $1061.66 on 22 October 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 Silver

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 7 signal(s) occurring before 03 August 2024 for a 7.5% profit target: (85.71% * 8.31%) + (0% * 0%) - (14.29% * 17.27%) = 4.66%.
Wins: 6 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.

Gap Up Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Gap Up 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%.

Date Buy Signal Price Scores Performance (mouseover for details)
Signal Sector WR Speed Risk Overall 5% 6% 7.5% 10% 20%
06 August 2026  bubble_chart Gap Up $ 55.66 38 20 91 84 74 38 select_check_box electric_boltelectric_boltelectric_bolt schedule schedule schedule schedule
16 June 2026  bubble_chart Gap Up $ 63.54 60 14 91 83 77 44 schedule schedule schedule schedule schedule
12 May 2026  bubble_chart Gap Up $ 77.52 58 27 91 81 76 52 schedule schedule schedule schedule schedule
08 May 2026  bubble_chart Gap Up $ 73.15 52 22 91 81 76 46 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt schedule schedule
07 May 2026  bubble_chart Gap Up $ 72.44 52 26 91 81 76 49 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt schedule schedule
09 April 2026  bubble_chart Gap Up $ 68.00 58 23 91 80 76 49 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 schedule
26 March 2026  bubble_chart Gap Up $ 61.44 60 24 91 80 76 52 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
19 February 2026  bubble_chart Gap Up $ 70.84 47 24 91 80 79 45 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
17 February 2026  bubble_chart Gap Up $ 66.82 55 26 91 80 80 50 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
12 February 2026  bubble_chart Gap Up $ 71.46 57 23 91 80 80 49 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
05 February 2026  bubble_chart Gap Up $ 67.46 51 23 91 80 82 46 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
04 February 2026  bubble_chart Gap Up $ 80.89 52 31 91 80 82 51 schedule schedule schedule schedule schedule
27 January 2026  bubble_chart Gap Up $ 99.78 30 35 91 80 82 39 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt schedule schedule
21 January 2026  bubble_chart Gap Up $ 84.78 35 30 91 80 82 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 electric_boltelectric_boltelectric_bolt
15 January 2026  bubble_chart Gap Up $ 82.03 25 30 91 80 83 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 select_check_box electric_boltelectric_boltelectric_bolt
13 January 2026  bubble_chart Gap Up $ 79.32 22 35 91 80 83 33 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
06 January 2026  bubble_chart Gap Up $ 72.57 19 25 91 81 83 28 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
05 January 2026  bubble_chart Gap Up $ 69.26 24 25 91 81 83 31 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
31 December 2025  bubble_chart Gap Up $ 64.98 32 22 91 81 82 35 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
29 December 2025  bubble_chart Gap Up $ 65.83 28 27 91 80 82 35 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
06 June 2025 Gap Up $ 32.80 35 16 91 61 75 33 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 May 2024 Gap Up $ 29.12 38 19 87 71 85 36 select_check_box select_check_box select_check_box select_check_box select_check_box
14 March 2023 Gap Up $ 19.97 48 65 100 100 100 61 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
07 November 2022 Gap Up $ 19.18 87 73 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
04 October 2022 Gap Up $ 19.33 91 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
13 September 2022 Gap Up $ 17.94 65 43 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 electric_boltelectric_bolt
02 February 2021 Gap Up $ 25.04 21 23 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
29 January 2021 Gap Up $ 25.15 19 24 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt disabled_by_default disabled_by_default

 

The data for SPDR Silver Shares ETF (exchange: ARCX symbol: SLV) was last updated 13 Aug 2026 07:17. Data for this ETF is available from 04 Jan 2021 - 10 Aug 2026.