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NASDAQ UK (UK) Backtesting

NQG
NQGB -- UK Index  

 730.91  3.59  0.49%

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

NASDAQ UK 'What if' Analysis

0.00
01/03/2020
No Change 0.00  0.0 
In 2 months and 31 days
04/02/2020
0.00
If you would invest  0.00  in NASDAQ UK on January 3, 2020 and sell it all today you would earn a total of 0.00 from holding NASDAQ UK or generate 0.0% return on investment in NASDAQ UK over 90 days.

NASDAQ UK Upside/Downside Indicators

Information Ratio(0.010089)
Maximum Drawdown30.36
Value At Risk(7.19)
Potential Upside4.79

NASDAQ UK Market Premium Indicators

Risk Adjusted Performance(0.30)
Total Risk Alpha0.0745

NASDAQ UK Backtested Returns

NASDAQ UK has Sharpe Ratio of -0.0978, which conveys that the index had -0.0978% of return per unit of standard deviation over the last 3 months. Macroaxis approach into 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. NASDAQ UK exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. The entity secures a Beta (Market Risk) of 0.0, which conveys that the returns on MARKET and NASDAQ UK are completely uncorrelated. Even though it is essential to pay attention to NASDAQ UK price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis approach into 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. NASDAQ UK exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.78 
correlation synergy

Good predictability

NASDAQ UK has good predictability. Overlapping area represents the amount of predictability between NASDAQ UK time series from January 3, 2020 to February 17, 2020 and February 17, 2020 to April 2, 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 NASDAQ UK price movement. The serial correlation of 0.78 indicates that around 78.0% of current NASDAQ UK price fluctuation can be explain by its past prices.
Correlation Coefficient0.78
Spearman Rank Test0.64
Residual Average0.0
Price Variance24355.35

NASDAQ UK lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

NASDAQ UK regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
  Timeline 

NASDAQ UK Lagged Returns

 Regressed Prices 
    
  Timeline 

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Check out NASDAQ UK Hype Analysis, NASDAQ UK Correlation, Portfolio Optimization, NASDAQ UK Volatility as well as analyze NASDAQ UK Alpha and Beta and NASDAQ UK Performance. Please also try Financial Widgets module to easily integrated macroaxis content with over 30 different plug-and-play financial widgets.
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