iShares MSCI India Small-Cap (SMIN) Daily/Weekly Backtest Results

Signal:                  
                [ What are these? | Switch to SMIN's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 7.15%.   Win rate: 88.89%.   Sharpe Ratio: 0.269.   Maximum drawdown: -14.23% on 22 June 2022.
Mean CAGR: 97.7%. Time in market: 1182 days.   Hypothetical return: $1000 would be worth $1365.04 on 02 April 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 India Small Cap

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 9 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (88.89% * 8.02%) + (11.11% * 0.18%) - (0% * 0%) = 7.15%.
Wins: 8 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%
03 March 2026   MEDIUM   smart_toy0.39  factory0.256   50 Day Low $ 63.30 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule schedule
14 January 2026   MEDIUM   smart_toy0.604  factory0.305   50 Day Low $ 67.80 schedule schedule schedule schedule schedule
21 November 2025   MEDIUM   smart_toy0.583  factory0.393   50 Day Low $ 71.62 schedule schedule schedule schedule schedule
26 September 2025   MEDIUM   smart_toy0.252  factory0.228   50 Day Low $ 71.65 select_check_box electric_boltelectric_bolt schedule schedule schedule schedule
05 August 2025   MEDIUM   smart_toy0.492  factory0.213   50 Day Low $ 72.58 schedule schedule schedule schedule schedule
27 February 2025   MEDIUM   smart_toy0.548  factory0.485   50 Day Low $ 63.02 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
22 January 2025   MEDIUM   smart_toy0.685  factory0.326   50 Day Low $ 70.66 select_check_box select_check_box select_check_box select_check_box schedule
17 December 2024   MEDIUM   smart_toy0.785  factory0.5   50 Day Low $ 78.64 schedule schedule schedule schedule schedule
25 October 2024   MEDIUM   smart_toy0.654  factory0.392   50 Day Low $ 80.26 select_check_box electric_bolt schedule schedule schedule schedule
13 March 2024   MEDIUM   smart_toy0.529  factory0.361   50 Day Low $ 67.00 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
27 February 2023   MEDIUM   smart_toy0.303  factory0.476   50 Day Low $ 49.90 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
22 December 2022   MEDIUM   smart_toy0.452  factory0.654   50 Day Low $ 51.58 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
14 October 2022   MEDIUM   smart_toy0.886  factory0.784   FIRE SALE 50 Day Low $ 52.09 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
16 June 2022   MEDIUM   smart_toy0.79  factory0.904   50 Day Low $ 48.27 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
11 May 2022   MEDIUM   smart_toy0.877  factory0.88   FIRE SALE 50 Day Low $ 50.46 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
14 February 2022   LOW   smart_toy0.765  factory0.346   50 Day Low $ 55.64 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box select_check_box
26 November 2021   LOW   smart_toy0.672  factory0.326   50 Day Low $ 58.72 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
21 April 2021   LOW   smart_toy0.651  factory0.272   50 Day Low $ 45.68 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_bolt select_check_box electric_boltelectric_bolt

 

The data for iShares MSCI India Small-Cap (exchange: XCBO symbol: SMIN) was last updated 30 May 2026 15:00. Data for this ETF is available from 04 Jan 2021 - 29 May 2026.