IPC (Mexico) Backtesting

IPC -- Mexico Index  

 49,136  336.52  0.69%

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
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

IPC 'What if' Analysis

December 17, 2017
0.00
No Change 0.00  0.0%
In 31 days
January 16, 2018
0.00
If you would invest  0.00  in IPC on December 17, 2017 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 is entity of Mexico. It is traded as Index on Index exchange.

IPC Upside/Downside Indicators

  

IPC Market Premium Indicators

IPC lagged returns against current returns

 Current and Lagged Values 
      Timeline 

IPC regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

IPC Backtested Returns

IPC retains Efficiency (Sharpe Ratio) of 0.0833 which attests that IPC had 0.0833% of return per unit of return volatility over the last 1 month. Our approach to determining volatility of a index is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for IPC which you can use to evaluate future volatility of the entity. The index owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and IPC are completely uncorrelated. Although it is extremely important to respect IPC existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach to determining future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing IPC technical indicators you can today evaluate if the expected return of 0.0562% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.55) 

Good reverse predictability

IPC has good reverse predictability. Overlapping area represents the amount of predictability between IPC time series from December 17, 2017 to January 1, 2018 and January 1, 2018 to January 16, 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 -0.55 indicates that about 55.0% of current IPC price fluctuation can be explain by its past prices. Given that IPC has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of IPC for similar time interval.
Correlation Coefficient -0.55
Spearman Rank Test -0.45
Price Variance 212792.17
Lagged Price Variance 257706.25

IPC Lagged Returns

 Regressed Prices 
      Timeline 

IPC Performance vs IPC

The median price of IPC for the period between Sun, Dec 17, 2017 and Tue, Jan 16, 2018 is 48785.25 with a coefficient of variation of 1.42. The daily time series for the period is distributed with a sample standard deviation of 693.56, arithmetic mean of 48899.33, and mean deviation of 585.56. The Index did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline