Bursa Malaysia (Exotistan) Backtesting

Bursa Malaysia -- Exotistan Index  

 1,722  3.55  0.21%

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

Bursa Malaysia 'What if' Analysis

October 20, 2017
0.00
No Change 0.00  0.0%
In 31 days
November 19, 2017
0.00
If you would invest  0.00  in Bursa Malaysia on October 20, 2017 and sell it all today you would earn a total of 0.00 from holding Bursa Malaysia or generate 0.0% return on investment in Bursa Malaysia over 30 days. Bursa Malaysia is entity of MI. It is traded as Index on Index exchange.

Bursa Malaysia Upside/Downside Indicators

  

Bursa Malaysia Market Premium Indicators

Bursa Malaysia lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Bursa Malaysia regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Bursa Malaysia Backtested Returns

Bursa Malaysia secures Sharpe Ratio (or Efficiency) of -0.1903 which signifies that Bursa Malaysia had -0.1903% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing 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. Bursa Malaysia 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 signifies that the returns on MARKET and Bursa Malaysia are completely uncorrelated. Even though it is essential to pay attention to Bursa Malaysia historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing 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. Bursa Malaysia exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.57) 

Good reverse predictability

Bursa Malaysia has good reverse predictability. Overlapping area represents the amount of predictability between Bursa Malaysia time series from October 20, 2017 to November 4, 2017 and November 4, 2017 to November 19, 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 Bursa Malaysia price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Bursa Malaysia price fluctuation can be explain by its past prices. Given that Bursa Malaysia has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Bursa Malaysia for similar time interval.
Correlation Coefficient -0.57
Spearman Rank Test -0.62
Price Variance 118.92
Lagged Price Variance 16.77

Bursa Malaysia Lagged Returns

 Regressed Prices 
      Timeline 

Bursa Malaysia Performance vs Bursa Malaysia

The median price of Bursa Malaysia for the period between Fri, Oct 20, 2017 and Sun, Nov 19, 2017 is 1742.29 with a coefficient of variation of 0.54. The daily time series for the period is distributed with a sample standard deviation of 9.41, arithmetic mean of 1740.37, and mean deviation of 7.01. The Index did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline