Invesco Solar (TAN) Daily/Weekly Backtest Results

Signal:                  
                [ What are these? | Switch to TAN's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: -1.88%.   Win rate: 78.57%.   Sharpe Ratio: -0.745.   Maximum drawdown: -61.31% on 09 April 2025.
Mean CAGR: 163.52%. Time in market: 2630 days.   Hypothetical return: $1000 would be worth $459.27 on 15 May 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 Solar Energy

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 14 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (78.57% * 8.92%) + (0% * 0%) - (21.43% * 41.45%) = -1.88%.
Wins: 11 Breakevens: 0 Losses: 3

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%
03 April 2025   MEDIUM   smart_toy0.826  factory0.545   FIRE SALE 50 Day Low $ 30.30 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
28 February 2025   MEDIUM   smart_toy0.373  factory0.367   50 Day Low $ 32.79 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 December 2024   MEDIUM   smart_toy0.434  factory0.577   50 Day Low $ 32.90 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 November 2024   MEDIUM   smart_toy0.635  factory0.229   50 Day Low $ 34.34 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box electric_bolt
15 October 2024   MEDIUM   smart_toy0.271  factory0.216   50 Day Low $ 37.92 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
09 September 2024   MEDIUM   smart_toy0.088  factory0.201   50 Day Low $ 38.44 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
05 August 2024   MEDIUM   smart_toy0.209  factory0.345   50 Day Low $ 38.49 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
02 July 2024   MEDIUM   smart_toy0.19  factory0.14   50 Day Low $ 39.00 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
15 April 2024   MEDIUM   smart_toy0.25  factory0.172   50 Day Low $ 41.18 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
31 January 2024   MEDIUM   smart_toy0.543  factory0.279   50 Day Low $ 42.82 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
20 October 2023   MEDIUM   smart_toy0.55  factory0.425   50 Day Low $ 43.38 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
07 September 2023   MEDIUM   smart_toy0.304  factory0.202   50 Day Low $ 55.56 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
01 August 2023   MEDIUM   smart_toy0.164  factory0.161   50 Day Low $ 67.08 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
23 June 2023   MEDIUM   smart_toy0.739  factory0.231   50 Day Low $ 68.10 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default disabled_by_default
02 May 2023   MEDIUM   smart_toy0.434  factory0.261   50 Day Low $ 69.61 select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default
17 March 2023   MEDIUM   smart_toy0.437  factory0.528   50 Day Low $ 70.70 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 disabled_by_default
07 October 2022   MEDIUM   smart_toy0.909  factory0.696   FIRE SALE 50 Day Low $ 71.51 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default
09 May 2022   MEDIUM   smart_toy0.77  factory0.633   50 Day Low $ 61.16 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 January 2022   LOW   smart_toy0.902  factory0.205   50 Day Low $ 67.27 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt
17 December 2021   LOW   smart_toy0.179  factory0.238   50 Day Low $ 77.98 select_check_box select_check_box select_check_box select_check_box select_check_box
05 October 2021   LOW   smart_toy0.679  factory0.542   50 Day Low $ 77.64 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
20 April 2021   LOW   smart_toy0.513  factory0.185   50 Day Low $ 82.54 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_bolt

 

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