Greece TR (Greece) Backtesting

NQGRT -- Greece Index  

EUR 469.02  0.51  0.11%

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

Greece TR 'What if' Analysis

August 21, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 20, 2018
0.00
If you would invest  0.00  in Greece TR on August 21, 2018 and sell it all today you would earn a total of 0.00 from holding Greece TR or generate 0.0% return on investment in Greece TR over 30 days.

Greece TR Upside/Downside Indicators

Information Ratio0.07
Maximum Drawdown13.4
Value At Risk2.76
Potential Upside4.38
  

Greece TR Market Premium Indicators

Risk Adjusted Performance0.004693
Total Risk Alpha0.80

Greece TR Backtested Returns

Greece TR holds Efficiency (Sharpe) Ratio of -0.0225 which attests that Greece TR had -0.0225% of return per unit of risk over the last 1 month. Macroaxis philosophy towards 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. Greece TR exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The index retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Greece TR are completely uncorrelated. Even though it is essential to pay attention to Greece TR current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards 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. Greece TR exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.19) 

Insignificant reverse predictability

Greece TR has insignificant reverse predictability. Overlapping area represents the amount of predictability between Greece TR time series from August 21, 2018 to September 5, 2018 and September 5, 2018 to September 20, 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 Greece TR price movement. The serial correlation of -0.19 indicates that over 19.0% of current Greece TR price fluctuation can be explain by its past prices. Given that Greece TR has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Greece TR for similar time interval.
Correlation Coefficient-0.19
Spearman Rank Test-0.06
Residual Average0.0
Price Variance112.6

Greece TR lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Greece TR regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Greece TR Lagged Returns

 Regressed Prices 
      Timeline 

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See also Greece TR Hype Analysis, Greece TR Correlation, Portfolio Optimization, Greece TR Volatility as well as analyze Greece TR Alpha and Beta and Greece TR Performance. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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