Global X MSCI China Consumer Discretionary (CHIQ) Williams %R Weekly

Buy signal:             [ What are these indicators? ]
Profit target:           [ A higher % profit will take longer and is less likely to be achieved ]

Expectancy: 4.06%.   Win rate: 94.12%.   Mean CAGR: 159.91%. Time in market: 3 years 320 days.
Sharpe Ratio: -0.378. Maximum drawdown: 46.30% on 24 October 2022.

About this Chart's Calculations for China Consumer Discretionary

Expectancy calculation (win % x average win) - (loss % x average loss): (94.12% * 6.48%) - (5.88% * 34.61%) = 4.06%.. To be a profitable trader you need to trade with a positive value for expectancy.

Sharpe Ratio calculation assumes a risk free return rate of 2% per calendar year. Ideally it should be a positive number. A higher positive number indicates the strategy has a more attractive risk adjusted rate of return.

To even out CAGR calculations, large individual returns from particularly quick trades have been capped at 300%.

 

Williams %R Weekly - Profit Probability Projections

This table summarises how long it would take after buying the ETF at the 50 day lows to reach the specified percentage return. Note that past performance is not a guarantee of future performance. The calculations exclude the exceptionally volatile month of March 2020. Calculations also exclude dividends and other distributions to shareholders.

Date Days to Reach Profit Target
5% 7.5% 10% 20%
2025 21 28 31 58
2024 63 69 84 92
2023 43 95 123 238
2022 54 80 82 86
2021 13 15 30
Avg. Days 38 57 70 118
CAGR 59.8% 58.9% 64.4% 75.8%

Williams %R Weekly - Backtest Trading Summary

This table summarises how profitable it would have been to have bought this ETF at each 50 day low. 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 Price Performance (mouseover for details)
5% 7.5% 10% 20%
30 January 2026 $21.27 disabled_by_default disabled_by_default disabled_by_default disabled_by_default
20 January 2026 $21.10 disabled_by_default disabled_by_default disabled_by_default disabled_by_default
16 January 2026 $21.29 disabled_by_default disabled_by_default disabled_by_default disabled_by_default
31 December 2025 $21.30 disabled_by_default disabled_by_default disabled_by_default disabled_by_default
17 December 2025 $21.40 disabled_by_default disabled_by_default disabled_by_default disabled_by_default
20 November 2025 $21.64 disabled_by_default disabled_by_default disabled_by_default disabled_by_default
07 January 2025 $18.78 select_check_box select_check_box select_check_box select_check_box
30 July 2024 $16.04 select_check_box select_check_box select_check_box select_check_box
27 June 2024 $16.91 select_check_box select_check_box select_check_box select_check_box
09 January 2024 $16.43 select_check_box select_check_box select_check_box select_check_box
08 December 2023 $17.22 select_check_box select_check_box select_check_box select_check_box
04 October 2023 $17.79 select_check_box select_check_box select_check_box select_check_box
30 May 2023 $16.88 select_check_box select_check_box select_check_box select_check_box
24 April 2023 $18.54 select_check_box select_check_box select_check_box check_box_outline_blank
15 March 2023 $18.68 select_check_box select_check_box select_check_box check_box_outline_blank
19 October 2022 $16.09 select_check_box select_check_box select_check_box select_check_box
16 September 2022 $19.66 select_check_box select_check_box select_check_box select_check_box
03 March 2022 $21.96 select_check_box select_check_box select_check_box disabled_by_default
05 January 2022 $24.44 select_check_box disabled_by_default disabled_by_default disabled_by_default
03 December 2021 $26.86 disabled_by_default disabled_by_default disabled_by_default disabled_by_default
04 October 2021 $27.24 select_check_box select_check_box select_check_box disabled_by_default
26 July 2021 $29.40 select_check_box disabled_by_default disabled_by_default disabled_by_default
10 May 2021 $31.86 select_check_box select_check_box select_check_box disabled_by_default

Williams %R Weekly - Compound Annual Growth Rate (CAGR) Summary

Compound Annual Growth Rate (CAGR) shows the annual percentage performance had the investment grown at the same rate over one year. Cross reference the figures in the tables below with the backtesting results tables above to see how long it took to achieve profitability after buying this ETF at the specific 50 day low. A red (empty) table cell shows that the specific profit point has not yet been achieved. Calculations exclude dividends or other distributions this fund may distribute to fund holders.

Date Price Gains / CAGR
5% 7.5% 10% 20%
30 January 2026 $21.27
20 January 2026 $21.10
16 January 2026 $21.29
31 December 2025 $21.30
17 December 2025 $21.40
20 November 2025 $21.64
07 January 2025 $18.78 133.6 156.2 207.2 215.0
30 July 2024 $16.04 41.8 61.7 86.2 215.0
27 June 2024 $16.91 22.2 34.6 47.8 107.8
09 January 2024 $16.43 43.9 50.9 38.0 67.5
08 December 2023 $17.22 13.6 19.9 26.7 25.4
04 October 2023 $17.79 1,174.9 13.2 16.8 20.2
30 May 2023 $16.88 >10,000 1,299.1 1,100.8 208.9
24 April 2023 $18.54 40.8 32.4 44.2
15 March 2023 $18.68 256.8 480.4 29.4
19 October 2022 $16.09 228.0 335.1 386.1 406.9
16 September 2022 $19.66 24.3 27.3 37.6 66.2
03 March 2022 $21.96 17.1 26.4 35.0
05 January 2022 $24.44 1,173.1
03 December 2021 $26.86
04 October 2021 $27.24 8,473.9 1,782.6 2,264.4
26 July 2021 $29.40 227.8
10 May 2021 $31.86 124.7 231.3 103.4

The data for Global X MSCI China Consumer Discretionary (exchange: ARCX symbol: CHIQ) was last updated 31 Jan 2026 13:58. Data for this ETF is available from 04 Jan 2021 - 30 Jan 2026.