Sprott Nickel Miners (Global) (NIKL) Daily/Weekly Backtest Results

Signal:                  
                  [ What are these? | Switch to NIKL's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Threshold:           [ What are these scores? ]
Expectancy: -39.75%.   Win rate: 14.29%.   Sharpe Ratio: -2.968.   Maximum drawdown: -65.42% on 09 April 2025.
Mean CAGR: 18.81%. Time in market: 4407 days.   Hypothetical return: $1000 would be worth $214.72 on 27 June 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 Nickel Miners

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 27 May 2024 for a 7.5% profit target: (14.29% * 9.50%) + (0% * 0%) - (85.71% * 47.96%) = -39.75%.
Wins: 1 Breakevens: 0 Losses: 6

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 Seven Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each Double Seven 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%
11 May 2026  bubble_chart   cards_starLOW     Double Seven $ 17.50 schedule schedule schedule schedule schedule
07 April 2026  bubble_chart   cards_starLOW     Double Seven $ 15.68 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 schedule
06 March 2026  bubble_chart   cards_starLOW     Double Seven $ 17.01 select_check_box electric_bolt select_check_box electric_bolt schedule schedule schedule
02 February 2026  bubble_chart   cards_starLOW     Double Seven $ 17.48 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 schedule
29 December 2025  bubble_chart   cards_starLOW     Double Seven $ 15.71 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
23 December 2025  bubble_chart   cards_starMEDIUM     Double Seven $ 15.18 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
25 November 2025  bubble_chart   cards_starLOW     Double Seven $ 13.55 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 select_check_box electric_boltelectric_boltelectric_bolt
21 November 2025  bubble_chart   cards_starMEDIUM     Double Seven $ 13.23 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
24 October 2025  bubble_chart   cards_starLOW     Double Seven $ 14.90 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
20 October 2025  bubble_chart   cards_starMEDIUM     Double Seven $ 15.54 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
22 September 2025   cards_starLOW     Double Seven $ 13.79 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
26 August 2025   cards_starLOW     Double Seven $ 12.65 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
19 August 2025   cards_starLOW     Double Seven $ 12.42 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
25 July 2025   cards_starMEDIUM     Double Seven $ 12.74 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
18 July 2025   cards_starLOW     Double Seven $ 12.20 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
23 June 2025   cards_starLOW     Double Seven $ 10.99 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
16 June 2025   cards_starLOW     Double Seven $ 11.79 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
12 November 2024   cards_starLOW     Double Seven $ 12.14 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
08 November 2024   cards_starLOW     Double Seven $ 12.53 select_check_box select_check_box select_check_box select_check_box select_check_box
09 October 2024   cards_starLOW     Double Seven $ 13.23 select_check_box select_check_box select_check_box select_check_box select_check_box
07 October 2024   cards_starLOW     Double Seven $ 13.84 select_check_box select_check_box select_check_box select_check_box select_check_box
28 August 2023   LOW     Double Seven $ 19.82 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
31 July 2023   LOW     Double Seven $ 21.58 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
25 July 2023   LOW     Double Seven $ 21.86 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
27 June 2023   LOW     Double Seven $ 21.56 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default disabled_by_default disabled_by_default
26 May 2023   LOW     Double Seven $ 20.18 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 April 2023   LOW     Double Seven $ 21.73 select_check_box electric_bolt select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default
24 April 2023   LOW     Double Seven $ 21.98 select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default disabled_by_default

 

The data for Sprott Nickel Miners (Global) (exchange: XNAS symbol: NIKL) was last updated 14 Jun 2026 16:17. Data for this ETF is available from 22 Mar 2023 - 03 Jun 2026.