ISEQ (Ireland) Backtesting

ISEQ -- Ireland Index  

 5,814  40.25  0.70%

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

ISEQ 'What if' Analysis

June 20, 2019
0.00
No Change 0.00  0.0%
In 2 months and 2 days
August 19, 2019
0.00
If you would invest  0.00  in ISEQ on June 20, 2019 and sell it all today you would earn a total of 0.00 from holding ISEQ or generate 0.0% return on investment in ISEQ over 60 days.

ISEQ Upside/Downside Indicators

Information Ratio(0.10)
Maximum Drawdown4.67
Value At Risk(1.76)
Potential Upside1.33

ISEQ Market Premium Indicators

Risk Adjusted Performance(0.11)
Total Risk Alpha(0.1)

ISEQ Backtested Returns

ISEQ holds Efficiency (Sharpe) Ratio of -0.14 which attests that the entity had -0.14% of return per unit of return volatility over the last 2 months. Macroaxis way of determining 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. ISEQ exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The index retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and ISEQ are completely uncorrelated. Even though it is essential to pay attention to ISEQ current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis way of determining 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. ISEQ exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.90) 
correlation synergy

Excellent reverse predictability

ISEQ has excellent reverse predictability. Overlapping area represents the amount of predictability between ISEQ time series from June 20, 2019 to July 20, 2019 and July 20, 2019 to August 19, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ISEQ price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current ISEQ price fluctuation can be explain by its past prices. Given that ISEQ has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of ISEQ for similar time interval.
Correlation Coefficient-0.9
Spearman Rank Test-0.59
Residual Average0.0
Price Variance50589.64

ISEQ lagged returns against current returns

 Current and Lagged Values 
      Timeline 

ISEQ regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

ISEQ Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - ISEQ

ISEQ Investor Sentiment

Most of Macroaxis investors are at this time bullish on ISEQ. What is your judgment towards investing in Ireland companies? Are you bullish or bearish on ISEQ?
Bullish
Bearish
98% Bullish
2% Bearish
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See also ISEQ Hype Analysis, ISEQ Correlation, Portfolio Optimization, ISEQ Volatility as well as analyze ISEQ Alpha and Beta and ISEQ Performance. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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