Global X Millennial Consumer (MILN) Super Oversold

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

Expectancy: 4.07%.   Win rate: 91.67%.   Mean CAGR: 161.17%. Time in market: 4 years 347 days.
Sharpe Ratio: -1.677. Maximum drawdown: 31.83% on 03 November 2022.

About this Chart's Calculations for Millennial Consumers

Expectancy calculation (win % x average win) - (loss % x average loss): (91.67% * 4.88%) - (8.33% * 4.83%) = 4.07%. 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%.

Super Oversold - 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%
2026 28 28 33 19
2022 30 39 55 51 62
Avg. Days 29 33 44 35 62
CAGR 84.8% 90.5% 82.2% 170.2% 192.5%

Super Oversold - 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%
27 March 2026 $39.53 select_check_box select_check_box select_check_box select_check_box disabled_by_default
27 March 2026 $39.53 select_check_box select_check_box select_check_box select_check_box disabled_by_default
13 February 2026 $42.08 select_check_box select_check_box select_check_box disabled_by_default disabled_by_default
04 April 2025 $39.24 select_check_box select_check_box select_check_box select_check_box select_check_box
14 June 2022 $26.24 select_check_box select_check_box select_check_box select_check_box select_check_box
12 May 2022 $27.75 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
09 May 2022 $29.09 select_check_box select_check_box select_check_box check_box_outline_blank check_box_outline_blank
06 May 2022 $30.46 check_box_outline_blank check_box_outline_blank check_box_outline_blank check_box_outline_blank check_box_outline_blank
27 April 2022 $31.94 check_box_outline_blank check_box_outline_blank check_box_outline_blank check_box_outline_blank check_box_outline_blank
08 March 2022 $33.10 select_check_box select_check_box select_check_box select_check_box check_box_outline_blank
22 February 2022 $35.35 select_check_box check_box_outline_blank check_box_outline_blank check_box_outline_blank check_box_outline_blank
21 January 2022 $37.24 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default

Super Oversold - 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%
27 March 2026 $39.53 341.2 488.5 332.4 524.0
27 March 2026 $39.53 341.2 488.5 332.4 524.0
13 February 2026 $42.08 33.9 40.9 52.1
04 April 2025 $39.24 404.7 206.3 301.5 262.8 203.2
14 June 2022 $26.24 493.6 80.5 107.9 116.7 192.5
12 May 2022 $27.75 3,425.3 206.3 37.4 48.5
09 May 2022 $29.09 21.6 25.4 32.4
06 May 2022 $30.46
27 April 2022 $31.94
08 March 2022 $33.10 623.1 962.0 1,304.0 424.3
22 February 2022 $35.35 66.4
21 January 2022 $37.24

The data for Global X Millennial Consumer (exchange: XNAS symbol: MILN) was last updated 30 Apr 2026 07:51. Data for this ETF is available from 04 Jan 2021 - 29 Apr 2026.