EURONEXT BEL-20 (Belgium) Backtesting

EURONEXT BEL-20 -- Belgium Index  

 3,978  9  0.23%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of EURONEXT BEL-20 and determine expected loss or profit from investing in EURONEXT BEL-20 over given investment horizon. See also EURONEXT BEL-20 Hype Analysis, EURONEXT BEL-20 Correlation, Portfolio Optimization, EURONEXT BEL-20 Volatility as well as analyze EURONEXT BEL-20 Alpha and Beta and EURONEXT BEL-20 Performance
Investment Horizon     30 Days    Login   to change
SymbolX
Backtest

EURONEXT BEL-20 'What if' Analysis

October 25, 2017
0.00
No Change 0.00  0.0%
In 31 days
November 24, 2017
0.00
If you would invest  0.00  in EURONEXT BEL-20 on October 25, 2017 and sell it all today you would earn a total of 0.00 from holding EURONEXT BEL-20 or generate 0.0% return on investment in EURONEXT BEL-20 over 30 days. EURONEXT BEL-20 is entity of Belgium. It is traded as Index on Index exchange.

EURONEXT BEL-20 Upside/Downside Indicators

  

EURONEXT BEL-20 Market Premium Indicators

EURONEXT BEL-20 lagged returns against current returns

 Current and Lagged Values 
      Timeline 

EURONEXT BEL-20 regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

EURONEXT BEL-20 Backtested Returns

EURONEXT BEL-20 secures Sharpe Ratio (or Efficiency) of -0.1486 which denotes EURONEXT BEL-20 had -0.1486% of return per unit of volatility over the last 1 month. Macroaxis approach towards predicting risk of any index is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. EURONEXT BEL-20 exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The organization shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and EURONEXT BEL-20 are completely uncorrelated. Even though it is essential to pay attention to EURONEXT BEL-20 historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach towards predicting future performance of any index is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. EURONEXT BEL-20 exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.48) 

Modest reverse predictability

EURONEXT BEL-20 has modest reverse predictability. Overlapping area represents the amount of predictability between EURONEXT BEL-20 time series from October 25, 2017 to November 9, 2017 and November 9, 2017 to November 24, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EURONEXT BEL-20 price movement. The serial correlation of -0.48 indicates that about 48.0% of current EURONEXT BEL-20 price fluctuation can be explain by its past prices. Given that EURONEXT BEL-20 has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of EURONEXT BEL-20 for similar time interval.
Correlation Coefficient -0.48
Spearman Rank Test -0.33
Price Variance 678.81
Lagged Price Variance 525.94

EURONEXT BEL-20 Lagged Returns

 Regressed Prices 
      Timeline 

EURONEXT BEL-20 Performance vs EURONEXT BEL-20

The median price of EURONEXT BEL-20 for the period between Wed, Oct 25, 2017 and Fri, Nov 24, 2017 is 4048.5 with a coefficient of variation of 1.49. The daily time series for the period is distributed with a sample standard deviation of 60.16, arithmetic mean of 4040.47, and mean deviation of 54.2. The Index did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline