NQEGT (Egypt) Backtesting

NQEGT -- Egypt Index  

 1,203  11.11  0.92%

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

NQEGT 'What if' Analysis

June 22, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 22, 2018
0.00
If you would invest  0.00  in NQEGT on June 22, 2018 and sell it all today you would earn a total of 0.00 from holding NQEGT or generate 0.0% return on investment in NQEGT over 30 days.

NQEGT Upside/Downside Indicators

Information Ratio0.54
Maximum Drawdown2.58
Value At Risk1.32
Potential Upside0.7232
  

NQEGT Market Premium Indicators

Risk Adjusted Performance0.17
Total Risk Alpha0.46

NQEGT Backtested Returns

NQEGT has Sharpe Ratio of -0.3712 which conveys that NQEGT had -0.3712% of return per unit of risk over the last 1 month. Macroaxis philosophy in estimating 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. NQEGT exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NQEGT are completely uncorrelated. Even though it is essential to pay attention to NQEGT price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy in estimating 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. NQEGT 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 

Average predictability

NQEGT has average predictability. Overlapping area represents the amount of predictability between NQEGT time series from June 22, 2018 to July 7, 2018 and July 7, 2018 to July 22, 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 NQEGT price movement. The serial correlation of 0.49 indicates that about 49.0% of current NQEGT price fluctuation can be explain by its past prices.
Correlation Coefficient 0.49
Spearman Rank Test 0.5
Price Variance 337.36
Lagged Price Variance 80.16

NQEGT lagged returns against current returns

 Current and Lagged Values 
      Timeline 

NQEGT regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

NQEGT Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - NQEGT

NQEGT Investor Sentiment
Macroaxis traders are unemotional in their take regarding direction of NQEGT Index. What is your trading attitude regarding investing in Egypt companies? Are you bullish or bearish on NQEGT?
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Bearish
50% Bullish
50% Bearish
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See also NQEGT Hype Analysis, NQEGT Correlation, Portfolio Optimization, NQEGT Volatility as well as analyze NQEGT Alpha and Beta and NQEGT Performance. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.
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