iShares MSCI New Zealand (ENZL) Daily/Weekly Backtest Results globe

Signal:                  
                [ What are these? | Switch to ENZL's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: -2.03%.   Win rate: 53.85%.   Sharpe Ratio: -2.034.   Maximum drawdown: -34.36% on 13 October 2022.
Mean CAGR: 20.25%. Time in market: 4441 days.   Hypothetical return: $1000 would be worth $990.41 on 16 August 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 New Zealand

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 13 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (53.85% * 7.95%) + (15.38% * 0.29%) - (30.77% * 20.66%) = -2.03%.
Wins: 7 Breakevens: 2 Losses: 4

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%
09 March 2026   MEDIUM   smart_toy0.936  factory0.323   50 Day Low $ 45.06 schedule schedule schedule schedule schedule
14 November 2025   MEDIUM   smart_toy0.818  factory0.692   50 Day Low $ 44.74 select_check_box electric_bolt select_check_box electric_bolt schedule schedule schedule
04 April 2025   MEDIUM   smart_toy0.989  factory0.695   FIRE SALE 50 Day Low $ 40.73 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
24 February 2025   MEDIUM   smart_toy0.939  factory0.458   50 Day Low $ 43.64 select_check_box select_check_box select_check_box select_check_box select_check_box
13 January 2025   HIGH   smart_toy0.983  factory0.688   FIRE SALE 50 Day Low $ 44.14 select_check_box select_check_box select_check_box select_check_box select_check_box
06 December 2024   MEDIUM   smart_toy0.738  factory0.544   50 Day Low $ 46.94 select_check_box select_check_box select_check_box select_check_box select_check_box
29 October 2024   MEDIUM   smart_toy0.86  factory0.546   50 Day Low $ 47.74 select_check_box select_check_box select_check_box select_check_box select_check_box
12 April 2024   MEDIUM   smart_toy0.795  factory0.373   50 Day Low $ 44.68 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box electric_bolt select_check_box
13 February 2024   MEDIUM   smart_toy0.947  factory0.766   50 Day Low $ 44.74 select_check_box select_check_box select_check_box select_check_box select_check_box
17 October 2023   HIGH   smart_toy0.966  factory0.781   50 Day Low $ 43.46 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
12 September 2023   HIGH   smart_toy0.813  factory0.549   50 Day Low $ 44.09 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
11 August 2023   HIGH   smart_toy0.734  factory0.363   50 Day Low $ 47.12 select_check_box select_check_box select_check_box select_check_box select_check_box
26 May 2023   HIGH   smart_toy0.849  factory0.651   50 Day Low $ 47.92 select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box select_check_box
15 March 2023   MEDIUM   smart_toy0.903  factory0.851   50 Day Low $ 47.52 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box select_check_box select_check_box
21 September 2022   MEDIUM   smart_toy0.935  factory0.853   FIRE SALE 50 Day Low $ 44.62 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box
10 June 2022   MEDIUM   smart_toy0.951  factory0.663   50 Day Low $ 45.86 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
22 April 2022   MEDIUM   smart_toy0.934  factory0.473   FIRE SALE 50 Day Low $ 51.94 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
19 January 2022   LOW   smart_toy0.958  factory0.617   50 Day Low $ 56.78 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
16 November 2021   LOW   smart_toy0.792  factory0.568   50 Day Low $ 61.24 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
17 June 2021   LOW   smart_toy0.656  factory0.295   50 Day Low $ 61.00 select_check_box electric_bolt select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default

 

The data for iShares MSCI New Zealand (exchange: XNAS symbol: ENZL) was last updated 30 May 2026 15:00. Data for this ETF is available from 04 Jan 2021 - 29 May 2026.