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

Signal:                  
                  [ What are these? | Switch to ICLN's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Threshold:           [ What are these scores? ]
Expectancy: -8.15%.   Win rate: 57.14%.   Sharpe Ratio: -1.118.   Maximum drawdown: -42.99% on 07 April 2025.
Mean CAGR: 31.66%. Time in market: 2477 days.   Hypothetical return: $1000 would be worth $555.99 on 28 April 2025.
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 7 signal(s) occurring before 05 June 2024 for a 7.5% profit target: (57.14% * 8.33%) + (0% * 0%) - (42.86% * 30.12%) = -8.15%.
Wins: 4 Breakevens: 0 Losses: 3

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.

 

Large Gap Down Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each large gap down 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%
05 June 2026   cards_starLOW     Gap Down $ 22.02 schedule schedule schedule schedule schedule
13 November 2025   cards_starLOW     Gap Down $ 17.20 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
17 June 2025   cards_starLOW     Gap Down $ 12.74 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
04 April 2025   cards_starLOW     Gap Down $ 11.22 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
06 November 2024   cards_starLOW     Gap Down $ 12.46 select_check_box select_check_box select_check_box select_check_box select_check_box
02 August 2023   cards_starLOW     Gap Down $ 17.48 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
26 April 2023   cards_starLOW     Gap Down $ 18.82 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
21 April 2022   cards_starLOW     Gap Down $ 20.26 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt disabled_by_default
05 January 2022   LOW     Gap Down $ 20.44 select_check_box select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
04 May 2021   LOW     Gap Down $ 22.11 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
24 March 2021   LOW     Gap Down $ 22.84 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box select_check_box
18 February 2021   LOW     Gap Down $ 28.24 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default

 

The data for iShares Global Clean Energy (exchange: XNAS symbol: ICLN) was last updated 14 Jun 2026 16:17. Data for this ETF is available from 04 Jan 2021 - 12 Jun 2026.