iShares MSCI Denmark (EDEN) Daily/Weekly Backtest Results globe

Buy indicator:                
              [ What are these indicators? | Switch to EDEN's monthly backtests ]
Fixed profit target:               -or-  
Expectancy: 4.89%.   Win rate: 87.50%.   Sharpe Ratio: 0.161.   Maximum drawdown: 29.02% on 27 September 2022.
Mean CAGR: 114.52%. Time in market: 841 days.   Hypothetical return: $1000 would be worth $1250.29 on 20 November 2023.
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 Denmark

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 8 signal(s) occurring before 25 February 2024 for a 5% profit target: (87.50% * 5.53%) + (12.50% * 0.36%) - (0% * 0%) = 4.89%.
Wins: 7 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.

 

26 week low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 26 week 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 Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
03 March 2026 $ 103.88 schedule schedule schedule schedule schedule
01 April 2025 $ 103.30 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_bolt
19 December 2024 $ 109.54 select_check_box select_check_box select_check_box select_check_box select_check_box
30 October 2024 $ 118.41 select_check_box select_check_box select_check_box select_check_box select_check_box
27 October 2023 $ 95.43 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
25 September 2023 $ 101.12 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 September 2022 $ 83.04 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
13 June 2022 $ 85.97 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 May 2022 $ 92.60 select_check_box select_check_box select_check_box select_check_box select_check_box
14 February 2022 $ 96.46 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box select_check_box
10 January 2022 $ 104.14 select_check_box select_check_box select_check_box select_check_box select_check_box
06 December 2021 $ 104.59 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box select_check_box

 

The data for iShares MSCI Denmark (exchange: XCBO symbol: EDEN) was last updated 04 Mar 2026 07:16. Data for this ETF is available from 04 Jan 2021 - 03 Mar 2026.