Valkyrie Bitcoin Miners (WGMI) 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 WGMI'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: 10.66%. Win rate: 85.71%. Sharpe Ratio: 1.219. Maximum drawdown: -77.59% on 28 December 2022.
Mean CAGR: 114.91%. Time in market: 997 days. Hypothetical return: $1000 would be worth $1231.13 on 29 November 2023.
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 Bitcoin 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 22 May 2024 for a 7.5% profit target: (85.71% * 11.76%) + (14.29% * 4.06%) - (0% * 0%) = 10.66%.
Wins: 6 Breakevens: 1 Losses: 0

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%
27 March 2026 bubble_chart LOW smart_toy0.807 factory0.687	50 Day Low	$ 35.87	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
05 February 2026 bubble_chart LOW smart_toy0.79 factory0.625	50 Day Low	$ 36.86	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 December 2025 bubble_chart MEDIUM smart_toy0.964 factory0.815	50 Day Low	$ 37.96	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 bubble_chart MEDIUM smart_toy0.978 factory0.844	50 Day Low	$ 12.34	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	select_check_box electric_boltelectric_boltelectric_bolt
04 March 2025 bubble_chart MEDIUM smart_toy0.759 factory0.8	50 Day Low	$ 16.02	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
28 January 2025 bubble_chart MEDIUM smart_toy0.918 factory0.722	50 Day Low	$ 21.23	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_boltelectric_bolt	select_check_box electric_bolt
06 September 2024 bubble_chart MEDIUM smart_toy0.712 factory0.787	50 Day Low	$ 15.48	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	select_check_box electric_boltelectric_boltelectric_bolt
05 August 2024 bubble_chart MEDIUM smart_toy0.791 factory0.829	50 Day Low	$ 16.12	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
13 October 2023 bubble_chart MEDIUM smart_toy0.716 factory0.744	50 Day Low	$ 8.62	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
11 September 2023 bubble_chart MEDIUM smart_toy0.588 factory0.719	50 Day Low	$ 10.41	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
06 December 2022 LOW smart_toy0.705 factory0.662	50 Day Low	$ 5.37	select_check_box electric_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
03 November 2022 LOW smart_toy0.483 factory0.736	50 Day Low	$ 6.89	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
20 September 2022 LOW smart_toy0.854 factory0.764	50 Day Low	$ 9.23	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box electric_bolt
10 June 2022 LOW smart_toy0.899 factory0.724	50 Day Low	$ 11.80	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
25 April 2022 LOW smart_toy0.599 factory0.469	50 Day Low	$ 18.61	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box

The data for Valkyrie Bitcoin Miners (exchange: XNAS symbol: WGMI) was last updated 30 May 2026 15:00. Data for this ETF is available from 09 Feb 2022 - 29 May 2026.