Seoul Comp (South Korea) Backtesting

Seoul Comp -- South Korea Index  

 2,452  0.00002  0.00%

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

Seoul Comp 'What if' Analysis

January 25, 2018
No Change 0.00  0.0%
In 31 days
February 24, 2018
If you would invest  0.00  in Seoul Comp on January 25, 2018 and sell it all today you would earn a total of 0.00 from holding Seoul Comp or generate 0.0% return on investment in Seoul Comp over 30 days.

Seoul Comp Upside/Downside Indicators


Seoul Comp Market Premium Indicators

Seoul Comp lagged returns against current returns

 Current and Lagged Values 

Seoul Comp regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Seoul Comp Backtested Returns

Seoul Comp owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1846 which indicates Seoul Comp had -0.1846% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring 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. Seoul Comp exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The entity has beta of 0.0 which indicates the returns on MARKET and Seoul Comp are completely uncorrelated. Even though it is essential to pay attention to Seoul Comp current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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. Seoul Comp exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.49) 

Modest reverse predictability

Seoul Comp has modest reverse predictability. Overlapping area represents the amount of predictability between Seoul Comp time series from January 25, 2018 to February 9, 2018 and February 9, 2018 to February 24, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Seoul Comp price movement. The serial correlation of -0.49 indicates that about 49.0% of current Seoul Comp price fluctuation can be explain by its past prices. Given that Seoul Comp has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Seoul Comp for similar time interval.
Correlation Coefficient -0.49
Spearman Rank Test -0.48
Price Variance 687.75
Lagged Price Variance 3710.06

Seoul Comp Lagged Returns

 Regressed Prices 

Seoul Comp Performance vs Seoul Comp

The median price of Seoul Comp for the period between Thu, Jan 25, 2018 and Sat, Feb 24, 2018 is 2442.82006836 with a coefficient of variation of 2.96. The daily time series for the period is distributed with a sample standard deviation of 73.21, arithmetic mean of 2469.01, and mean deviation of 63.91. The Index did not receive any noticable media coverage during the period.
Price Growth (%)