Invesco Solar (TAN) 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: 3.38%.   Win rate: 90.91%.   Mean CAGR: 194.91%. Time in market: 5 years 275 days.
Sharpe Ratio: -0.666. Maximum drawdown: 59.86% on 09 April 2025.

About this Chart's Calculations for Solar Energy

Expectancy calculation (win % x average win) - (loss % x average loss): (90.91% * 7.04%) - (9.09% * 33.22%) = 3.38%. 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 75 75 77 124 144
2024 13 14 16 108 279
2023 25 21 22 38 59
2022 28 28 30 30 109
2021 77 77 78 82 108
Avg. Days 43 43 44 76 139
CAGR 51.3% 64% 82.2% 58% 61.4%

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%
03 April 2025 $30.30 select_check_box select_check_box select_check_box select_check_box select_check_box
28 February 2025 $32.79 select_check_box select_check_box select_check_box select_check_box select_check_box
20 December 2024 $32.90 select_check_box select_check_box select_check_box select_check_box select_check_box
18 November 2024 $34.34 select_check_box select_check_box select_check_box select_check_box select_check_box
15 October 2024 $37.92 select_check_box select_check_box select_check_box select_check_box select_check_box
09 September 2024 $38.44 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
05 August 2024 $38.49 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
02 July 2024 $39.00 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
15 April 2024 $41.18 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
31 January 2024 $42.82 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
20 October 2023 $43.38 select_check_box select_check_box select_check_box select_check_box select_check_box
07 September 2023 $55.56 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
01 August 2023 $67.08 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
23 June 2023 $68.10 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
02 May 2023 $69.61 select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
17 March 2023 $70.70 select_check_box select_check_box select_check_box select_check_box disabled_by_default
07 October 2022 $71.51 select_check_box select_check_box select_check_box select_check_box disabled_by_default
09 May 2022 $61.16 select_check_box select_check_box select_check_box select_check_box select_check_box
19 January 2022 $67.27 select_check_box select_check_box select_check_box select_check_box select_check_box
17 December 2021 $77.98 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
05 October 2021 $77.64 select_check_box select_check_box select_check_box select_check_box select_check_box
20 April 2021 $82.54 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%
03 April 2025 $30.30 57.9 72.5 96.9 138.7 109.5
28 February 2025 $32.79 26.8 32.8 40.9 32.4 58.7
20 December 2024 $32.90 256.9 356.9 371.8 19.6 36.5
18 November 2024 $34.34 623.3 591.1 561.1 16.6 27.6
15 October 2024 $37.92 155.3 206.3 273.6 11.7 20.8
09 September 2024 $38.44 8,475.9 1,328.0 1,781.4 591.0
05 August 2024 $38.49 623.7 738.5 252.0 92.8
02 July 2024 $39.00 826.6 962.7 1,779.1 4,674.3
15 April 2024 $41.18 84.8 108.2 140.9 149.8
31 January 2024 $42.82 341.0 488.7 804.1 917.0
20 October 2023 $43.38 103.9 134.1 141.1 120.5 208.9
07 September 2023 $55.56
01 August 2023 $67.08
23 June 2023 $68.10 143.6 134.1 187.3
02 May 2023 $69.61 48.6
17 March 2023 $70.70 293.4 413.4 662.4 196.6
07 October 2022 $71.51 71.6 90.5 122.4 187.0
09 May 2022 $61.16 493.5 739.0 1,003.7 2,263.1 976.9
19 January 2022 $67.27 54.4 68.0 73.4 106.4 41.9
17 December 2021 $77.98 8.3 10.0 12.5 16.0
05 October 2021 $77.64 1,172.9 1,987.4 4,246.8 7,638.5 1,959.2
20 April 2021 $82.54 >10,000 >10,000 >10,000 >10,000 40.9

The data for Invesco Solar (exchange: ARCX symbol: TAN) was last updated 06 Mar 2026 14:59. Data for this ETF is available from 04 Jan 2021 - 05 Mar 2026.