Global X FinTech (FINX) Daily/Weekly Backtest Results

Signal:                  
                [ What are these? | Switch to FINX's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: -1.87%.   Win rate: 71.43%.   Sharpe Ratio: -1.055.   Maximum drawdown: -60.17% on 27 October 2023.
Mean CAGR: 106.92%. Time in market: 3405 days.   Hypothetical return: $1000 would be worth $741.87 on 16 July 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 Global Fintech

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 14 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (71.43% * 8.32%) + (7.14% * 0.85%) - (21.43% * 36.76%) = -1.87%.
Wins: 10 Breakevens: 1 Losses: 3

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%
27 March 2026   HIGH   smart_toy0.927  factory0.512   50 Day Low $ 22.56 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_boltelectric_bolt schedule
23 February 2026   MEDIUM   smart_toy0.947  factory0.416   50 Day Low $ 23.12 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 schedule
20 January 2026   MEDIUM   smart_toy0.852  factory0.56   50 Day Low $ 28.48 schedule schedule schedule schedule schedule
04 November 2025   MEDIUM   smart_toy0.896  factory0.553   50 Day Low $ 32.30 schedule schedule schedule schedule schedule
04 April 2025   MEDIUM   smart_toy0.98  factory0.833   FIRE SALE 50 Day Low $ 25.21 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_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
04 March 2025   MEDIUM   smart_toy0.919  factory0.68   50 Day Low $ 29.60 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
05 August 2024   MEDIUM   smart_toy0.879  factory0.803   FIRE SALE 50 Day Low $ 23.76 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_boltelectric_bolt select_check_box electric_boltelectric_bolt
01 May 2024   MEDIUM   smart_toy0.773  factory0.339   50 Day Low $ 24.76 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
25 October 2023   HIGH   smart_toy0.835  factory0.739   FIRE SALE 50 Day Low $ 18.98 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_boltelectric_bolt
21 September 2023   HIGH   smart_toy0.816  factory0.571   50 Day Low $ 20.24 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
18 August 2023   HIGH   smart_toy0.803  factory0.531   50 Day Low $ 20.78 select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
16 December 2022   MEDIUM   smart_toy0.876  factory0.751   50 Day Low $ 19.08 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
03 November 2022   HIGH   smart_toy0.844  factory0.777   FIRE SALE 50 Day Low $ 19.50 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_boltelectric_bolt select_check_box electric_boltelectric_bolt
23 September 2022   HIGH   smart_toy0.983  factory0.761   FIRE SALE 50 Day Low $ 20.81 select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box
13 June 2022   HIGH   smart_toy0.996  factory0.857   FIRE SALE 50 Day Low $ 21.62 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 electric_boltelectric_bolt
25 April 2022   HIGH   smart_toy0.934  factory0.527   50 Day Low $ 27.54 select_check_box select_check_box select_check_box select_check_box select_check_box
18 February 2022   LOW   smart_toy0.962  factory0.472   FIRE SALE 50 Day Low $ 31.29 select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default
30 December 2021   LOW   smart_toy0.856  factory0.644   50 Day Low $ 40.28 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
23 November 2021   LOW   smart_toy0.888  factory0.704   50 Day Low $ 46.25 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
11 May 2021   LOW   smart_toy0.937  factory0.306   50 Day Low $ 42.30 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
25 March 2021   LOW   smart_toy0.729  factory0.423   50 Day Low $ 43.36 select_check_box electric_boltelectric_bolt 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_bolt

 

The data for Global X FinTech (exchange: XNAS symbol: FINX) was last updated 30 May 2026 15:00. Data for this ETF is available from 04 Jan 2021 - 29 May 2026.