iShares Global Clean Energy (ICLN) Daily/Weekly Backtest Results

Signal: 52 Week Low 26 Week Low 50 day low Double Seven Rate of Change Super Oversold Mega Dump MegaDump Lite
Double Bottom Williams %R (Weekly) Large Gap Down Super Oversold from 52W/RoC/MD/DB Best Buy Signals [ What are these? | Switch to ICLN's monthly backtests ]
Fixed profit target: 5% 6% 7.5% 10% 20% -or- Use trailing stop losses.
Show signal scores: Off Classic Original AI Model ML4 AI Model Threshold: All Low High Very High [ What are these scores? ]
Expectancy: -2.82%. Win rate: 68.75%. Sharpe Ratio: -1.521. Maximum drawdown: -43.03% on 12 February 2025.
Mean CAGR: 88.36%. Time in market: 4334 days. Hypothetical return: $1000 would be worth $1022.43 on 24 May 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 Clean Energy

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 16 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (68.75% * 8.08%) + (0% * 0%) - (31.25% * 26.78%) = -2.82%.
Wins: 11 Breakevens: 0 Losses: 5

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%
07 April 2025 MEDIUM smart_toy0.916 factory0.716 FIRE SALE	50 Day Low	$ 10.73	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	select_check_box electric_boltelectric_boltelectric_bolt
03 March 2025 MEDIUM smart_toy0.549 factory0.563	50 Day Low	$ 11.04	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
22 January 2025 MEDIUM smart_toy0.876 factory0.391	50 Day Low	$ 11.12	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt
13 December 2024 MEDIUM smart_toy0.324 factory0.45	50 Day Low	$ 11.97	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box electric_bolt
17 October 2024 MEDIUM smart_toy0.515 factory0.459	50 Day Low	$ 13.46	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
16 April 2024 MEDIUM smart_toy0.317 factory0.334	50 Day Low	$ 13.10	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
14 March 2024 MEDIUM smart_toy0.356 factory0.295	50 Day Low	$ 13.66	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box
05 February 2024 MEDIUM smart_toy0.793 factory0.583	50 Day Low	$ 13.70	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box
20 October 2023 MEDIUM smart_toy0.82 factory0.503 FIRE SALE	50 Day Low	$ 13.26	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
06 September 2023 MEDIUM smart_toy0.605 factory0.458	50 Day Low	$ 15.68	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
02 August 2023 MEDIUM smart_toy0.376 factory0.474	50 Day Low	$ 17.48	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
23 June 2023 MEDIUM smart_toy0.737 factory0.455	50 Day Low	$ 17.81	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	disabled_by_default	disabled_by_default	disabled_by_default
02 May 2023 MEDIUM smart_toy0.559 factory0.35	50 Day Low	$ 18.22	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
21 February 2023 LOW smart_toy0.412 factory0.661	50 Day Low	$ 19.43	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
29 September 2022 MEDIUM smart_toy0.864 factory0.865 FIRE SALE	50 Day Low	$ 19.36	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	disabled_by_default
09 May 2022 MEDIUM smart_toy0.851 factory0.778 FIRE SALE	50 Day Low	$ 17.75	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
19 January 2022 LOW smart_toy0.892 factory0.387	50 Day Low	$ 18.93	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
17 December 2021 LOW smart_toy0.469 factory0.498	50 Day Low	$ 21.10	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
29 September 2021 LOW smart_toy0.557 factory0.456	50 Day Low	$ 21.85	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
04 May 2021 LOW smart_toy0.868 factory0.253	50 Day Low	$ 22.11	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box	select_check_box
25 March 2021 LOW smart_toy0.249 factory0.365	50 Day Low	$ 22.13	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

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