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IPC (Mexico) Backtesting

IPC
MXX -- Mexico Index  

 34,382  1,306  3.95%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of IPC and determine expected loss or profit from investing in IPC over given investment horizon. Check out IPC Hype Analysis, IPC Correlation, Portfolio Optimization, IPC Volatility as well as analyze IPC Alpha and Beta and IPC Performance.
Symbol
Backtest

IPC 'What if' Analysis

0.00
01/07/2020
No Change 0.00  0.0 
In 3 months and 1 day
04/06/2020
0.00
If you would invest  0.00  in IPC on January 7, 2020 and sell it all today you would earn a total of 0.00 from holding IPC or generate 0.0% return on investment in IPC over 90 days. IPC is related to or competes with APPLE INC, MICROSOFT CORP, AMAZON COM, ALIBABA GROUP, BERKSHIRE HATHAWAY, FACEBOOK INC, and TENCENT HOLDINGS. IPC is entity of Mexico. It is traded as Index on Index exchange.

IPC Upside/Downside Indicators

Information Ratio(0.011127)
Maximum Drawdown14.52
Value At Risk(5.28)
Potential Upside3.69

IPC Market Premium Indicators

Risk Adjusted Performance(0.63)
Total Risk Alpha(0.15)

IPC Backtested Returns

IPC retains Efficiency (Sharpe Ratio) of -0.1264, which attests that the entity had -0.1264% of return per unit of return volatility over the last 3 months. Macroaxis approach to 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. IPC exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. The index owns a Beta (Systematic Risk) of 0.0, which attests that the returns on MARKET and IPC are completely uncorrelated. Even though it is essential to pay attention to IPC existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis approach to 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. IPC exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.16 
correlation synergy

Very weak predictability

IPC has very weak predictability. Overlapping area represents the amount of predictability between IPC time series from 7th of January 2020 to 21st of February 2020 and 21st of February 2020 to 6th of April 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of IPC price movement. The serial correlation of 0.16 indicates that over 16.0% of current IPC price fluctuation can be explain by its past prices.
Correlation Coefficient0.16
Spearman Rank Test-0.09
Residual Average0.0
Price Variance1.500344171E7

IPC lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

IPC regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
  Timeline 

IPC Lagged Returns

 Regressed Prices 
    
  Timeline 

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Check out IPC Hype Analysis, IPC Correlation, Portfolio Optimization, IPC Volatility as well as analyze IPC Alpha and Beta and IPC Performance. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page