United States Oil Fund (USO) Daily/Weekly Backtest Results

Signal:                  
                [ What are these? | Switch to USO's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: -7.58%.   Win rate: 67.74%.   Sharpe Ratio: -3.662.   Maximum drawdown: -84.56% on 28 April 2020.
Mean CAGR: 101.53%. Time in market: 16915 days.   Hypothetical return: $1000 would be worth $12.52 on 19 March 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 Oil

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 62 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (67.74% * 8.38%) + (4.84% * 0.27%) - (27.42% * 48.39%) = -7.58%.
Wins: 42 Breakevens: 3 Losses: 17

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_toy0.362  factory0.279   50 Day Low $ 66.46 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
02 October 2025  bubble_chart   MEDIUM   smart_toy0.182  factory0.229   50 Day Low $ 71.91 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
07 April 2025  bubble_chart   MEDIUM   smart_toy0.903  factory0.75   50 Day Low $ 65.81 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_boltelectric_bolt
05 March 2025  bubble_chart   MEDIUM   smart_toy0.616  factory0.465   50 Day Low $ 71.41 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
03 September 2024  bubble_chart   MEDIUM   smart_toy0.315  factory0.198   50 Day Low $ 71.62 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
03 June 2024  bubble_chart   MEDIUM   smart_toy0.434  factory0.199   50 Day Low $ 72.88 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box
12 December 2023  bubble_chart   LOW   smart_toy0.293  factory0.295   50 Day Low $ 64.59 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 select_check_box electric_boltelectric_bolt
07 November 2023  bubble_chart   MEDIUM   smart_toy0.438  factory0.569   50 Day Low $ 72.40 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box
14 March 2023  bubble_chart   LOW   smart_toy0.188  factory0.443   50 Day Low $ 63.48 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_bolt
08 December 2022  bubble_chart   LOW   smart_toy0.443  factory0.753   50 Day Low $ 63.66 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt
07 September 2022  bubble_chart   MEDIUM   smart_toy0.313  factory0.8   50 Day Low $ 68.40 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
06 July 2022  bubble_chart   MEDIUM   smart_toy0.979  factory0.888   50 Day Low $ 73.58 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box select_check_box
30 November 2021  bubble_chart   LOW   smart_toy0.493  factory0.435   50 Day Low $ 48.26 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 select_check_box electric_boltelectric_bolt
18 August 2021  bubble_chart   LOW   smart_toy0.514  factory0.448   50 Day Low $ 46.06 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
18 August 2021  bubble_chart   LOW   smart_toy0.514  factory0.448   50 Day Low $ 46.06 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 2020   MEDIUM   smart_toy0.805  factory0.571   50 Day Low $ 25.26 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
08 September 2020   HIGH   smart_toy0.801  factory0.501   50 Day Low $ 26.82 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_bolt select_check_box electric_boltelectric_bolt
17 April 2020   HIGH   smart_toy0.676  factory0.698   50 Day Low $ 33.42 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
26 February 2020   LOW   smart_toy0.483  factory0.295   50 Day Low $ 82.28 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
23 January 2020   LOW   smart_toy0.536  factory0.203   50 Day Low $ 93.04 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
29 May 2019   LOW   smart_toy0.533  factory0.797   50 Day Low $ 97.08 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
17 December 2018   MEDIUM   smart_toy0.842  factory0.802   FIRE SALE 50 Day Low $ 85.36 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
31 October 2018   LOW   smart_toy0.452  factory0.748   50 Day Low $ 111.12 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
08 June 2017   LOW   smart_toy0.294  factory0.254   50 Day Low $ 75.32 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 May 2017   LOW   smart_toy0.428  factory0.179   50 Day Low $ 79.56 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box electric_bolt
08 March 2017   LOW   smart_toy0.283  factory0.214   50 Day Low $ 87.12 select_check_box select_check_box select_check_box select_check_box select_check_box
11 November 2016   LOW   smart_toy0.23  factory0.201   50 Day Low $ 78.60 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
19 July 2016   LOW   smart_toy0.697  factory0.164   50 Day Low $ 85.96 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
20 January 2016   HIGH   smart_toy0.894  factory0.474   FIRE SALE 50 Day Low $ 66.32 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
17 December 2015   HIGH   smart_toy0.134  factory0.35   50 Day Low $ 86.76 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box
12 November 2015   MEDIUM   smart_toy0.695  factory0.222   50 Day Low $ 107.20 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
05 August 2015   MEDIUM   smart_toy0.531  factory0.323   50 Day Low $ 121.36 select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default
01 July 2015   LOW   smart_toy0.304  factory0.371   50 Day Low $ 154.56 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
16 March 2015   MEDIUM   smart_toy0.556  factory0.526   50 Day Low $ 131.28 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
23 January 2015   HIGH   smart_toy0.895  factory0.417   50 Day Low $ 136.72 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 December 2014   HIGH   smart_toy0.651  factory0.326   50 Day Low $ 167.80 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
12 November 2014   LOW   smart_toy0.134  factory0.214   50 Day Low $ 233.52 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
10 October 2014   LOW   smart_toy0.538  factory0.348   50 Day Low $ 257.24 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
08 September 2014   LOW   smart_toy0.194  factory0.144   50 Day Low $ 275.96 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
31 July 2014   LOW   smart_toy0.542  factory0.187   50 Day Low $ 292.82 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
09 January 2014   LOW   smart_toy0.497  factory0.299   50 Day Low $ 265.08 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
01 November 2013   LOW   smart_toy0.116  factory0.262   50 Day Low $ 274.32 select_check_box select_check_box select_check_box electric_bolt select_check_box disabled_by_default
30 September 2013   LOW   smart_toy0.396  factory0.31   50 Day Low $ 293.32 select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
15 April 2013   LOW   smart_toy0.288  factory0.218   50 Day Low $ 253.72 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
23 October 2012   LOW   smart_toy0.224  factory0.287   50 Day Low $ 256.44 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
08 June 2012   LOW   smart_toy0.931  factory0.768   FIRE SALE 50 Day Low $ 251.96 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box
04 May 2012   LOW   smart_toy0.54  factory0.219   50 Day Low $ 300.52 select_check_box select_check_box select_check_box select_check_box select_check_box
22 September 2011   MEDIUM   smart_toy0.789  factory0.801   50 Day Low $ 250.12 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
04 August 2011   LOW   smart_toy0.57  factory0.363   50 Day Low $ 277.38 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
15 June 2011   LOW   smart_toy0.484  factory0.259   50 Day Low $ 306.16 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
06 May 2011   LOW   smart_toy0.596  factory0.182   50 Day Low $ 312.44 select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
11 February 2011   LOW   smart_toy0.66  factory0.164   50 Day Low $ 289.32 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
23 August 2010   LOW   smart_toy0.339  factory0.7   50 Day Low $ 261.40 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
06 May 2010   LOW   smart_toy0.478  factory0.791   50 Day Low $ 299.56 select_check_box select_check_box select_check_box select_check_box select_check_box
08 February 2010   LOW   smart_toy0.817  factory0.79   50 Day Low $ 280.68 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
11 December 2009   LOW   smart_toy0.45  factory0.716   50 Day Low $ 284.48 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_boltelectric_bolt select_check_box
02 February 2009  bubble_chart   HIGH   smart_toy0.919  factory0.763   50 Day Low $ 227.36 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt
18 December 2008  bubble_chart   HIGH   smart_toy0.912  factory0.76   50 Day Low $ 267.00 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 electric_bolt
07 November 2008  bubble_chart   HIGH   smart_toy0.85  factory0.874   50 Day Low $ 402.32 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
06 October 2008  bubble_chart   LOW   smart_toy0.363  factory0.81   50 Day Low $ 580.36 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
02 September 2008  bubble_chart   LOW   smart_toy0.538  factory0.905   50 Day Low $ 703.88 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
29 July 2008  bubble_chart   LOW   smart_toy0.629  factory0.921   50 Day Low $ 792.04 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
07 February 2008   LOW   smart_toy0.598  factory0.853   50 Day Low $ 553.64 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
07 May 2007   LOW   smart_toy0.34  factory0.61   50 Day Low $ 383.64 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_boltelectric_bolt
03 January 2007   LOW   smart_toy0.954  factory0.758   50 Day Low $ 403.28 select_check_box select_check_box electric_bolt select_check_box select_check_box select_check_box electric_bolt
17 November 2006   LOW   smart_toy0.855  factory0.796   50 Day Low $ 405.60 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box select_check_box electric_bolt
03 October 2006   LOW   smart_toy0.77  factory0.774   50 Day Low $ 431.44 select_check_box select_check_box select_check_box select_check_box select_check_box
28 August 2006   LOW   smart_toy0.752  factory0.807   50 Day Low $ 521.68 select_check_box select_check_box select_check_box select_check_box select_check_box

 

The data for United States Oil Fund (exchange: ARCX symbol: USO) was last updated 30 May 2026 15:00. Data for this ETF is available from 10 Apr 2006 - 29 May 2026.