iShares MSCI United Arab Emirates (UAE) (UAE) Daily/Weekly Backtest Results globe

Signal:                  
                [ What are these? | Switch to UAE's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:           Threshold:         [ What are these scores? ]
Expectancy: -0.12%.   Win rate: 44.44%.   Sharpe Ratio: -1.893.   Maximum drawdown: -24.42% on 27 October 2023.
Mean CAGR: 12.03%. Time in market: 3270 days.   Hypothetical return: $1000 would be worth $832.36 on 14 October 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 UAE

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 9 signal(s) occurring before 22 May 2024 for a 7.5% profit target: (44.44% * 7.62%) + (33.33% * 0.81%) - (22.22% * 17.00%) = -0.12%.
Wins: 4 Breakevens: 3 Losses: 2

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%
09 March 2026   MEDIUM   smart_toy0.792  factory0.383   50 Day Low $ 18.88 select_check_box electric_bolt select_check_box electric_bolt schedule schedule schedule
19 November 2025   MEDIUM   smart_toy0.723  factory0.545   50 Day Low $ 18.79 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
24 September 2025   MEDIUM   smart_toy0.37  factory0.29   50 Day Low $ 18.83 select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
03 April 2025   MEDIUM   smart_toy0.907  factory0.677   FIRE SALE 50 Day Low $ 16.49 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
24 May 2024   MEDIUM   smart_toy0.505  factory0.265   50 Day Low $ 13.98 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
22 April 2024   MEDIUM   smart_toy0.483  factory0.273   50 Day Low $ 14.40 select_check_box select_check_box select_check_box select_check_box select_check_box electric_bolt
06 March 2024   MEDIUM   smart_toy0.635  factory0.392   50 Day Low $ 14.46 select_check_box select_check_box select_check_box select_check_box select_check_box
12 October 2023   MEDIUM   smart_toy0.82  factory0.55   50 Day Low $ 14.64 select_check_box select_check_box select_check_box select_check_box select_check_box
13 March 2023   MEDIUM   smart_toy0.652  factory0.657   50 Day Low $ 14.28 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box select_check_box
27 January 2023   MEDIUM   smart_toy0.771  factory0.538   50 Day Low $ 14.41 select_check_box select_check_box electric_bolt select_check_box select_check_box select_check_box
14 December 2022   MEDIUM   smart_toy0.473  factory0.763   50 Day Low $ 14.84 select_check_box select_check_box select_check_box select_check_box select_check_box
28 September 2022   MEDIUM   smart_toy0.982  factory0.869   FIRE SALE 50 Day Low $ 15.32 select_check_box electric_bolt select_check_box select_check_box select_check_box select_check_box
17 June 2022   MEDIUM   smart_toy0.941  factory0.904   FIRE SALE 50 Day Low $ 15.90 select_check_box electric_bolt select_check_box electric_bolt disabled_by_default disabled_by_default disabled_by_default
11 May 2022   MEDIUM   smart_toy0.9  factory0.902   50 Day Low $ 17.80 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default

 

The data for iShares MSCI United Arab Emirates (UAE) (exchange: XNAS symbol: UAE) was last updated 30 May 2026 15:00. Data for this ETF is available from 04 Jan 2021 - 29 May 2026.