Valkyrie Bitcoin Miners (WGMI) 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: 7.68%.   Win rate: 100%.   Mean CAGR: 193.8%. Time in market: 2 years 290 days.
Sharpe Ratio: 0.845. Maximum drawdown: 77.62% on 28 December 2022.

About this Chart's Calculations for Bitcoin Miners

Expectancy calculation (win % x average win) - (loss % x average loss): (100% * 7.68%) - (0% * 0%) = 7.68%. 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%
2026 1
2025 2 27 31 93
2024 2 3 4 18
2023 40 44 45 51
2022 74 74 93 94
Avg. Days 23 37 43 64
CAGR 116.9% 104.1% 124.6% 182.9%

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%. select_check_box = profit point achieved but CAGR was less than 5%.

Signal Date Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
05 February 2026 $36.86 select_check_box disabled_by_default disabled_by_default disabled_by_default disabled_by_default
16 December 2025 $37.96 select_check_box disabled_by_default select_check_box select_check_box select_check_box
04 April 2025 $12.34 select_check_box disabled_by_default select_check_box select_check_box select_check_box
04 March 2025 $16.02 select_check_box disabled_by_default select_check_box select_check_box select_check_box
28 January 2025 $21.23 select_check_box disabled_by_default select_check_box select_check_box select_check_box
06 September 2024 $15.48 select_check_box disabled_by_default select_check_box select_check_box select_check_box
05 August 2024 $16.12 select_check_box disabled_by_default select_check_box select_check_box select_check_box
13 October 2023 $8.62 select_check_box disabled_by_default select_check_box select_check_box select_check_box
11 September 2023 $10.41 select_check_box disabled_by_default select_check_box select_check_box select_check_box
06 December 2022 $5.37 select_check_box disabled_by_default select_check_box select_check_box select_check_box
03 November 2022 $6.89 select_check_box disabled_by_default select_check_box select_check_box select_check_box
20 September 2022 $9.23 select_check_box disabled_by_default select_check_box select_check_box select_check_box
10 June 2022 $11.80 select_check_box disabled_by_default select_check_box select_check_box select_check_box
25 April 2022 $18.61 check_box_outline_blank disabled_by_default check_box_outline_blank check_box_outline_blank check_box_outline_blank

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%
05 February 2026 $36.86 >10,000
16 December 2025 $37.96 >10,000 3,363.4 8,012.3 >10,000 1,076.0
04 April 2025 $12.34 155.3 206.1 303.8 524.0 976.9
04 March 2025 $16.02 >10,000 34.9 43.5 58.0 98.6
28 January 2025 $21.23 >10,000 >10,000 >10,000 1,352.7 53.2
06 September 2024 $15.48 8,480.7 >10,000 >10,000 >10,000 3,932.9
05 August 2024 $16.12 >10,000 >10,000 >10,000 >10,000 3,932.9
13 October 2023 $8.62 >10,000 737.9 1,011.6 2,262.3 3,218.6
11 September 2023 $10.41 25.7 31.4 40.2 54.5 122.9
06 December 2022 $5.37 69.0 83.5 111.5 170.2 504.1
03 November 2022 $6.89 28.6 34.9 45.4 59.0 142.9
20 September 2022 $9.23 14.2 17.2 21.7 18.7 38.4
10 June 2022 $11.80 35.2 43.4 56.6 80.3 192.5
25 April 2022 $18.61

The data for Valkyrie Bitcoin Miners (exchange: XNAS symbol: WGMI) was last updated 08 Feb 2026 23:46. Data for this ETF is available from 09 Feb 2022 - 06 Feb 2026.