VanEck Steel (SLX) Daily/Weekly Backtest Results

Signal: 52 Week Low 26 Week Low 50 day low Simple Mean Reversion Simple Mean Reversion (RoC) Gap Up 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
Collapsed Bubble Collapsed Bubble (RoC) Oversold Rebound Best Buy Signals [ What are these? | Switch to SLX's monthly backtests ]
Fixed profit target: 5% 6% 7.5% 10% 20% -or- Use trailing stop losses.
Show signal scores: On Off Scores: All Low Medium High Very High Market sector score: All Low High [ What are these scores? ]
Expectancy: 8.54%. Win rate: 100%. Sharpe Ratio: -6.534. Maximum drawdown: -26.03% on 26 September 2022.
Mean CAGR: 129.49%. Time in market: 2456 days. Hypothetical return: $1000 would be worth $2873.71 on 27 September 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 Steel Producers

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 26 signal(s) occurring before 03 August 2024 for a 7.5% profit target: (100% * 8.54%) + (0% * 0%) - (0% * 0%) = 8.54%.
Wins: 26 Breakevens: 0 Losses: 0

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.

MegaDump Lite Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each MegaDump Lite 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%
07 August 2026	Mega Dump Lite	$ 109.88	31	42	100	83	78	42	schedule	schedule	schedule	schedule	schedule
06 July 2026	Mega Dump Lite	$ 99.58	44	44	100	82	80	52	schedule	schedule	schedule	schedule	schedule
13 April 2026	Mega Dump Lite	$ 98.70	34	41	100	80	79	44	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
11 March 2026	Mega Dump Lite	$ 92.86	34	49	100	80	82	47	select_check_box electric_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
09 September 2025	Mega Dump Lite	$ 70.89	37	54	100	67	78	49	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt
06 August 2025	Mega Dump Lite	$ 67.38	33	47	100	65	79	44	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_bolt
13 May 2025	Mega Dump Lite	$ 63.70	35	44	100	64	81	44	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
09 April 2025	Mega Dump Lite	$ 54.96	93	85	100	60	81	92	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
07 February 2025	Mega Dump Lite	$ 62.20	38	69	100	60	81	53	select_check_box	select_check_box	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt
06 January 2025	Mega Dump Lite	$ 58.76	55	80	100	69	81	69	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_bolt
19 November 2024	Mega Dump Lite	$ 69.14	48	72	100	59	81	61	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
27 September 2024	Mega Dump Lite	$ 70.90	47	62	100	43	81	56	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
26 August 2024	Mega Dump Lite	$ 67.10	39	57	100	43	83	49	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box
23 July 2024	Mega Dump Lite	$ 68.31	30	44	100	60	82	40	select_check_box	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box	select_check_box
20 June 2024	Mega Dump Lite	$ 65.90	30	57	100	61	87	44	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box
22 January 2024	Mega Dump Lite	$ 68.40	37	49	100	48	90	45	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box	select_check_box
25 October 2023	Mega Dump Lite	$ 61.14	31	79	100	63	91	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_bolt
16 August 2023	Mega Dump Lite	$ 64.90	21	37	100	89	97	32	select_check_box electric_boltelectric_bolt	select_check_box	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box
23 May 2023	Mega Dump Lite	$ 58.86	37	58	100	99	100	51	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
21 April 2023	Mega Dump Lite	$ 62.02	34	37	100	99	100	43	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
21 March 2023	Mega Dump Lite	$ 61.08	65	83	100	99	100	78	select_check_box electric_boltelectric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt
24 January 2023	Mega Dump Lite	$ 65.47	66	73					select_check_box electric_bolt	select_check_box electric_bolt	select_check_box	select_check_box	select_check_box
22 December 2022	Mega Dump Lite	$ 58.38	80	83					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_bolt
14 October 2022	Mega Dump Lite	$ 51.16	87	90					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
12 September 2022	Mega Dump Lite	$ 55.72	79	75					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
09 August 2022	Mega Dump Lite	$ 54.72	72	60					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 July 2022	Mega Dump Lite	$ 47.26	84	87					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
01 June 2022	Mega Dump Lite	$ 62.95	69	77					select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
28 April 2022	Mega Dump Lite	$ 63.30	65	89					select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
01 March 2022	Mega Dump Lite	$ 60.58	21	62					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
27 January 2022	Mega Dump Lite	$ 52.63	31	83					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 December 2021	Mega Dump Lite	$ 52.46	53	79					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
29 October 2021	Mega Dump Lite	$ 56.37	40	66					select_check_box	select_check_box	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt
27 September 2021	Mega Dump Lite	$ 56.28	35	65					select_check_box	select_check_box	select_check_box	select_check_box electric_bolt	select_check_box electric_bolt
24 August 2021	Mega Dump Lite	$ 62.95	35	60					select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
29 June 2021	Mega Dump Lite	$ 61.70	34	35					select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box	select_check_box
27 May 2021	Mega Dump Lite	$ 62.80	28	37					select_check_box electric_bolt	select_check_box electric_bolt	select_check_box	select_check_box	select_check_box
05 March 2021	Mega Dump Lite	$ 51.52	35	60					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
01 February 2021	Mega Dump Lite	$ 44.52	41	44					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 Steel (exchange: ARCX symbol: SLX) was last updated 13 Aug 2026 07:17. Data for this ETF is available from 04 Jan 2021 - 10 Aug 2026.