Global X Lithium & Battery Tech (LIT) 50 Day Lows

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

Expectancy: 0.94%.   Win rate: 83.33%.   Mean CAGR: 126.52%. Time in market: 8 years 248 days.
Sharpe Ratio: -1.329. Maximum drawdown: 45.28% on 07 April 2025.

About this Chart's Calculations for Lithium & Battery Tech

Expectancy calculation (win % x average win) - (loss % x average loss): (83.33% * 5.82%) - (16.67% * 23.49%) = 0.94%. To be a profitable trader you need to trade with a positive value for expectancy.

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.

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

50 Day Lows - 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% 6% 7.5% 10% 20%
2025 59 60 63 140 170
2024 132 135 107 108 120
2023 28 32 36 49
2022 25 40 81 34 107
2021 8 8 12 22 69
Avg. Days 50 55 59 70 116
CAGR 42.8% 47.2% 56.4% 64.4% 77.5%

50 Day Lows - 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%. check_box_outline_blank = profit point achieved but CAGR was less than 5%.

Signal Date Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
31 March 2025 $38.65 select_check_box select_check_box select_check_box select_check_box select_check_box
03 February 2025 $39.46 select_check_box select_check_box select_check_box select_check_box select_check_box
19 December 2024 $41.98 select_check_box select_check_box select_check_box select_check_box select_check_box
06 September 2024 $35.59 select_check_box select_check_box select_check_box select_check_box select_check_box
24 July 2024 $38.26 select_check_box select_check_box select_check_box select_check_box select_check_box
13 June 2024 $41.72 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
17 January 2024 $44.86 select_check_box select_check_box check_box_outline_blank check_box_outline_blank check_box_outline_blank
04 December 2023 $47.00 select_check_box select_check_box select_check_box check_box_outline_blank check_box_outline_blank
26 October 2023 $47.88 select_check_box select_check_box select_check_box check_box_outline_blank check_box_outline_blank
20 September 2023 $56.38 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
14 August 2023 $59.66 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
25 April 2023 $58.56 select_check_box select_check_box select_check_box select_check_box disabled_by_default
15 December 2022 $64.38 select_check_box select_check_box select_check_box select_check_box disabled_by_default
23 September 2022 $69.51 select_check_box select_check_box disabled_by_default disabled_by_default disabled_by_default
25 April 2022 $64.90 select_check_box select_check_box select_check_box select_check_box select_check_box
14 February 2022 $74.20 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
06 January 2022 $81.24 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
24 March 2021 $55.96 select_check_box select_check_box select_check_box select_check_box select_check_box

50 Day Lows - 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% 6% 7.5% 10% 20%
31 March 2025 $38.65 17.9 21.5 27.4 36.4 64.9
03 February 2025 $39.46 493.4 591.4 371.3 22.9 37.9
19 December 2024 $41.98 8.6 10.2 11.9 16.0 28.8
06 September 2024 $35.59 3,425.7 225.9 333.6 590.8 1,500.3
24 July 2024 $38.26 32.1 39.4 50.0 70.8 142.9
13 June 2024 $41.72 17.6 21.1 26.8 35.0
17 January 2024 $44.86 7.0 8.4
04 December 2023 $47.00 404.7 225.9 200.3
26 October 2023 $47.88 34.6 40.9 53.1
20 September 2023 $56.38
14 August 2023 $59.66
25 April 2023 $58.56 227.8 277.8 215.3 103.4
15 December 2022 $64.38 56.1 68.0 87.4 124.6
23 September 2022 $69.51 44.9 55.8
25 April 2022 $64.90 493.5 162.9 232.2 302.1 86.3
14 February 2022 $74.20 >10,000 54.4 15.9
06 January 2022 $81.24
24 March 2021 $55.96 826.5 1,327.2 801.5 386.2 162.3

The data for Global X Lithium & Battery Tech (exchange: ARCX symbol: LIT) was last updated 06 Mar 2026 14:52. Data for this ETF is available from 04 Jan 2021 - 05 Mar 2026.