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

Buy indicator:          
              [ What are these indicators? | Switch to SMIN's monthly backtests ]
Profit target:           [ A higher % profit will take longer and is less likely to be achieved ]
Expectancy: 5.22%. See below chart for calculations and explanation.   Win rate: 100%.   Maximum drawdown: 7.92% on 07 March 2022.
Mean CAGR: 119.36%. Time in market: 361 days.   Hypothetical return: $1000 would be worth $1288.54 on 31 May 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.

 

Expectancy 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 7 signal(s) occurring before 20 December 2023 for a 5% profit target: (100% * 5.22%) + (0% * 0%) - (0% * 0%) = 5.22%.
Wins: 7 Breakevens: 0 Losses: 0

To even out CAGR calculations, large individual returns from particularly quick trades have been capped at 300%.

 

Williams %R (Weekly) Backtest Summary

This table summarises how profitable it would have been to have bought this stock at each Williams %R (weekly) 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% 7.5% 10% 20%
16 December 2025 $68.02 schedule schedule schedule schedule
21 November 2025 $71.62 schedule schedule schedule schedule
30 September 2025 $71.65 select_check_box electric_boltelectric_bolt schedule schedule schedule
29 August 2025 $72.02 schedule schedule schedule schedule
26 February 2025 $64.53 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt
22 January 2025 $70.66 select_check_box select_check_box select_check_box schedule
17 December 2024 $78.64 schedule schedule schedule schedule
13 November 2024 $79.07 select_check_box electric_boltelectric_bolt schedule schedule schedule
13 March 2024 $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
28 March 2023 $48.30 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
24 February 2023 $49.97 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
22 December 2022 $51.58 select_check_box select_check_box select_check_box select_check_box electric_bolt
14 June 2022 $49.24 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
11 May 2022 $50.46 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
14 February 2022 $55.64 select_check_box electric_bolt select_check_box select_check_box select_check_box
17 December 2021 $57.68 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box

 

The data for iShares MSCI India Small-Cap (exchange: XCBO symbol: SMIN) was last updated 27 Dec 2025 05:02. Data for this ETF is available from 04 Jan 2021 - 26 Dec 2025.