IPC (Mexico) Backtesting

MXX -- Mexico Index  

 48,192  39.55  0.08%

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. See also IPC Hype Analysis, IPC Correlation, Portfolio Optimization, IPC Volatility as well as analyze IPC Alpha and Beta and IPC Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

IPC 'What if' Analysis

September 17, 2018
0.00
No Change 0.00  0.0%
In 31 days
October 17, 2018
0.00
If you would invest  0.00  in IPC on September 17, 2018 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 30 days.

IPC Upside/Downside Indicators

Information Ratio0.09
Maximum Drawdown3.45
Value At Risk1.20
Potential Upside1.74
  

IPC Market Premium Indicators

Risk Adjusted Performance0.17
Total Risk Alpha0.09

IPC Backtested Returns

IPC retains Efficiency (Sharpe Ratio) of -0.1362 which attests that IPC had -0.1362% of return per unit of return volatility over the last 1 month. 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-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The index owns 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-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.22 

Weak predictability

IPC has weak predictability. Overlapping area represents the amount of predictability between IPC time series from September 17, 2018 to October 2, 2018 and October 2, 2018 to October 17, 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 IPC price movement. The serial correlation of 0.22 indicates that over 22.0% of current IPC price fluctuation can be explain by its past prices.
Correlation Coefficient0.22
Spearman Rank Test0.31
Residual Average0.0
Price Variance378559.42

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 

Did you try this?

Run Equity Analysis Now

   

Equity Analysis

Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
All  Next Launch Equity Analysis

Also Currentnly Active

Purchased over 20 shares of
few hours ago
Traded for 111.0
Purchased over 40 shares of
few hours ago
Traded for 69.648
Purchased over 40 shares of
few hours ago
Traded for 68.2
See also IPC Hype Analysis, IPC Correlation, Portfolio Optimization, IPC Volatility as well as analyze IPC Alpha and Beta and IPC Performance. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Search macroaxis.com