Energy Sector SPDR Fund (XLE) Daily/Weekly Backtest Results corporate_fare

Buy indicator: 52 Week Low 26 Week Low 50 day low Rate of Change Super Oversold Mega Dump MegaDump Lite Double Bottom
Williams %R (Weekly) Large Gap Down Super Oversold from 52W/RoC/MD/DB Best Buy Signals [ What are these indicators? | Switch to XLE's monthly backtests ]
Fixed profit target: 5% 6% 7.5% 10% 20% -or- Use trailing stop losses.
Show signal scores help.
Expectancy: 8.66%. Win rate: 100%. Sharpe Ratio: ∞. Maximum drawdown: -1.40% on 11 October 2022.
Mean CAGR: 300%. Time in market: 38 days. Hypothetical return: $1000 would be worth $1086.60 on 24 October 2022.
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 US 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 2 signal(s) occurring before 08 May 2024 for a 7.5% profit target: (100% * 8.66%) + (0% * 0%) - (0% * 0%) = 8.66%.
Wins: 2 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.

Double Bottom Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Double Bottom 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%
13 May 2026 LOW smart_toy0.631	Double Bottom	$ 57.55	schedule	schedule	schedule	schedule	schedule
16 January 2025 LOW smart_toy0.843	Double Bottom	$ 46.38	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
05 October 2022 LOW smart_toy0.711	Double Bottom	$ 39.68	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
05 October 2022 LOW smart_toy0.711	Double Bottom	$ 39.68	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

The data for Energy Sector SPDR Fund (exchange: ARCX symbol: XLE) was last updated 15 May 2026 23:40. Data for this ETF is available from 04 Jan 2021 - 15 May 2026.