Global X FinTech (FINX) Daily/Weekly Backtest Results

Buy indicator:                  
              [ What are these indicators? | Switch to FINX's monthly backtests ]
Fixed profit target:               -or-  

Expectancy: 0.31%.   Win rate: 72.73%.   Sharpe Ratio: -0.713.   Maximum drawdown: -54.29% on 27 October 2023.
Mean CAGR: 175.42%. Time in market: 2219 days.   Hypothetical return: $1000 would be worth $888.35 on 11 November 2022.
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 11 signal(s) occurring before 22 April 2024 for a 7.5% profit target: (72.73% * 8.96%) + (9.09% * 0.65%) - (18.18% * 34.49%) = 0.31%.
Wins: 8 Breakevens: 1 Losses: 2

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.

 

Super Oversold Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Super Oversold 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   FIRE SALE   smart_toy0.927 Super Oversold $ 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
03 February 2026   MEDIUM     smart_toy0.952 Super Oversold $ 25.56 schedule schedule schedule schedule schedule
30 January 2026   MEDIUM     smart_toy0.939 Super Oversold $ 27.08 schedule schedule schedule schedule schedule
07 April 2025   MEDIUM   FIRE SALE   smart_toy0.947 Super Oversold $ 24.30 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 April 2025   HIGH   FIRE SALE   smart_toy0.98 Super Oversold $ 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
09 November 2022   MEDIUM   FIRE SALE   smart_toy0.831 Super Oversold $ 19.15 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
13 October 2022   HIGH   FIRE SALE   smart_toy0.984 Super Oversold $ 19.77 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 select_check_box electric_bolt
13 June 2022   HIGH     smart_toy0.996 Super Oversold $ 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
12 May 2022   HIGH   FIRE SALE   smart_toy0.998 Super Oversold $ 21.76 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
09 May 2022   HIGH   FIRE SALE   smart_toy0.99 Super Oversold $ 23.98 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
06 May 2022   HIGH   FIRE SALE   smart_toy0.968 Super Oversold $ 25.35 select_check_box select_check_box select_check_box select_check_box select_check_box
07 March 2022   HIGH   FIRE SALE   smart_toy0.973 Super Oversold $ 28.34 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 disabled_by_default
27 January 2022   LOW     smart_toy0.994 Super Oversold $ 31.40 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt disabled_by_default disabled_by_default
27 January 2022   LOW     smart_toy0.994 Super Oversold $ 31.40 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt disabled_by_default disabled_by_default
10 January 2022   LOW     smart_toy0.971 Super Oversold $ 36.26 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
20 December 2021   LOW     smart_toy0.945 Super Oversold $ 40.30 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt disabled_by_default disabled_by_default disabled_by_default

 

The data for Global X FinTech (exchange: XNAS symbol: FINX) was last updated 30 Apr 2026 07:49. Data for this ETF is available from 04 Jan 2021 - 29 Apr 2026.