Global X Silver Miners (SIL) 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: 2.92%.   Win rate: 88.24%.   Mean CAGR: 162.9%. Time in market: 5 years 300 days.
Sharpe Ratio: -0.918. Maximum drawdown: 47.89% on 27 September 2022.

About this Chart's Calculations for Silver Miners

Expectancy calculation (win % x average win) - (loss % x average loss): (88.24% * 5.84%) - (11.76% * 18.99%) = 2.92%. 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%
2024 31 34 39 50 74
2023 65 65 88 109 239
2022 62 75 75 85 80
2021 14 33 42 57 54
Avg. Days 43 51 61 75 111
CAGR 51.3% 51.7% 54.1% 59% 82.1%

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%
18 December 2024 $34.30 select_check_box select_check_box select_check_box select_check_box select_check_box
05 August 2024 $29.82 select_check_box select_check_box select_check_box select_check_box select_check_box
08 February 2024 $24.86 select_check_box select_check_box select_check_box select_check_box select_check_box
26 September 2023 $24.26 select_check_box select_check_box select_check_box select_check_box select_check_box
16 August 2023 $24.96 select_check_box select_check_box select_check_box select_check_box select_check_box
28 June 2023 $25.40 select_check_box select_check_box select_check_box select_check_box select_check_box
24 May 2023 $27.36 select_check_box select_check_box select_check_box select_check_box select_check_box
15 February 2023 $27.40 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
30 August 2022 $23.63 select_check_box select_check_box select_check_box select_check_box select_check_box
23 June 2022 $27.88 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
26 April 2022 $33.50 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
27 January 2022 $32.74 select_check_box select_check_box select_check_box select_check_box select_check_box
14 December 2021 $34.86 select_check_box select_check_box select_check_box select_check_box disabled_by_default
23 September 2021 $36.74 select_check_box select_check_box select_check_box select_check_box disabled_by_default
18 August 2021 $38.78 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
12 July 2021 $41.79 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
25 March 2021 $39.84 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%
18 December 2024 $34.30 43.8 53.0 58.8 51.3 75.8
05 August 2024 $29.82 623.3 738.6 1,006.0 1,100.0 278.5
08 February 2024 $24.86 64.0 65.9 71.4 92.8 228.2
26 September 2023 $24.26 38.2 47.2 54.2 75.3 107.8
16 August 2023 $24.96 293.6 413.3 561.1 39.7 33.2
28 June 2023 $25.40 256.9 312.9 481.3 469.6 26.6
24 May 2023 $27.36 8.8 10.6 8.8 11.6 20.8
15 February 2023 $27.40 71.6 90.5 104.1 124.6
30 August 2022 $23.63 293.7 413.6 659.9 170.2 120.8
23 June 2022 $27.88 11.8 11.6 14.4 18.9
26 April 2022 $33.50
27 January 2022 $32.74 293.4 226.0 333.2 424.3 137.3
14 December 2021 $34.86 826.0 962.5 104.1 34.0
23 September 2021 $36.74 133.5 126.6 165.8 196.6
18 August 2021 $38.78 204.4 28.8 36.9
12 July 2021 $41.79
25 March 2021 $39.84 341.1 356.7 251.8 386.1 242.9

The data for Global X Silver Miners (exchange: ARCX symbol: SIL) was last updated 06 Mar 2026 14:57. Data for this ETF is available from 04 Jan 2021 - 05 Mar 2026.