VanEck Video Gaming & ESports (ESPO) Daily/Weekly Backtest Results

Signal:                  
                [ What are these? | Switch to ESPO's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: 8.36%.   Win rate: 100%.   Sharpe Ratio: 27.494.   Maximum drawdown: -22.56% on 24 October 2022.
Mean CAGR: 105.65%. Time in market: 1014 days.   Hypothetical return: $1000 would be worth $1174.62 on 02 June 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 Gaming & ESports

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 6 signal(s) occurring before 26 May 2024 for a 7.5% profit target: (100% * 8.36%) + (0% * 0%) - (0% * 0%) = 8.36%.
Wins: 6 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%
03 June 2026       Double Bottom $ 90.71 schedule schedule schedule schedule schedule
22 July 2022   HIGH   smart_toy0.912  factory0.866   FIRE SALE Double Bottom $ 50.10 select_check_box select_check_box select_check_box select_check_box select_check_box
22 July 2022   HIGH   smart_toy0.912  factory0.866   FIRE SALE Double Bottom $ 50.10 select_check_box select_check_box select_check_box select_check_box select_check_box
20 October 2021   LOW   smart_toy0.818  factory0.551   Double Bottom $ 69.13 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default
20 October 2021   LOW   smart_toy0.818  factory0.551   Double Bottom $ 69.13 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default
25 May 2021   LOW   smart_toy0.557  factory0.257   Double Bottom $ 69.70 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
25 May 2021   LOW   smart_toy0.557  factory0.257   Double Bottom $ 69.70 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default

 

The data for VanEck Video Gaming & ESports (exchange: XNAS symbol: ESPO) was last updated 03 Jun 2026 23:32. Data for this ETF is available from 04 Jan 2021 - 02 Jun 2026.