United States Gasoline Fund (UGA) Daily/Weekly Backtest Results

Signal:                  
                [ What are these? | Switch to UGA's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 7.75%.   Win rate: 90.0%.   Sharpe Ratio: 0.705.   Maximum drawdown: -18.67% on 09 December 2022.
Mean CAGR: 167.1%. Time in market: 1115 days.   Hypothetical return: $1000 would be worth $1661.09 on 18 June 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 Gasoline

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 10 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (90.0% * 8.47%) + (10.0% * 1.30%) - (0% * 0%) = 7.75%.
Wins: 9 Breakevens: 1 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.

 

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%
16 December 2025  bubble_chart   MEDIUM   smart_toy0.43  factory0.261   50 Day Low $ 60.98 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
10 October 2025  bubble_chart   MEDIUM   smart_toy0.204  factory0.257   50 Day Low $ 61.30 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_bolt
07 April 2025  bubble_chart   MEDIUM   smart_toy0.88  factory0.751   50 Day Low $ 56.90 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt
05 March 2025  bubble_chart   MEDIUM   smart_toy0.578  factory0.473   50 Day Low $ 59.70 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
19 August 2024  bubble_chart   MEDIUM   smart_toy0.259  factory0.168   50 Day Low $ 62.95 select_check_box select_check_box select_check_box select_check_box select_check_box
14 May 2024  bubble_chart   MEDIUM   smart_toy0.532  factory0.183   50 Day Low $ 65.60 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box select_check_box
12 December 2023  bubble_chart   MEDIUM   smart_toy0.271  factory0.314   50 Day Low $ 57.64 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_bolt
08 November 2023  bubble_chart   MEDIUM   smart_toy0.499  factory0.517   50 Day Low $ 61.14 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 October 2023  bubble_chart   MEDIUM   smart_toy0.274  factory0.567   50 Day Low $ 66.90 select_check_box select_check_box select_check_box select_check_box select_check_box
03 May 2023  bubble_chart   MEDIUM   smart_toy0.398  factory0.189   50 Day Low $ 54.31 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_bolt
07 December 2022  bubble_chart   MEDIUM   smart_toy0.254  factory0.75   50 Day Low $ 51.14 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 select_check_box electric_boltelectric_bolt
30 August 2022  bubble_chart   MEDIUM   smart_toy0.237  factory0.857   50 Day Low $ 55.96 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box
13 July 2022  bubble_chart   MEDIUM   smart_toy0.99  factory0.922   50 Day Low $ 61.24 select_check_box select_check_box select_check_box select_check_box select_check_box
30 November 2021   LOW   smart_toy0.26  factory0.211   50 Day Low $ 36.16 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_bolt
19 August 2021   LOW   smart_toy0.615  factory0.25   50 Day Low $ 33.48 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

 

The data for United States Gasoline Fund (exchange: ARCX symbol: UGA) was last updated 30 May 2026 15:00. Data for this ETF is available from 04 Jan 2021 - 29 May 2026.