Greece TR (Greece) Backtesting

Greece TR -- Greece Index  

EUR 492.92  0.31  0.0629%

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
Investment Horizon     30 Days    Login   to change

Greece TR 'What if' Analysis

October 24, 2017
No Change 0.00  0.0%
In 31 days
November 23, 2017
If you would invest  0.00  in Greece TR on October 24, 2017 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 is entity of Greece. It is traded as Index on Index exchange.

Greece TR Upside/Downside Indicators


Greece TR Market Premium Indicators

Greece TR lagged returns against current returns

 Current and Lagged Values 

Greece TR regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Greece TR Backtested Returns

Greece TR holds Efficiency (Sharpe) Ratio of -0.0782 which attests that Greece TR had -0.0782% 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(0.49) 

Modest reverse predictability

Greece TR has modest reverse predictability. Overlapping area represents the amount of predictability between Greece TR time series from October 24, 2017 to November 8, 2017 and November 8, 2017 to November 23, 2017. 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 -0.49 indicates that about 49.0% 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 -0.49
Spearman Rank Test 0.02
Price Variance 38.54
Lagged Price Variance 60.67

Greece TR Lagged Returns

 Regressed Prices 

Greece TR Performance vs Greece TR

The median price of Greece TR for the period between Tue, Oct 24, 2017 and Thu, Nov 23, 2017 is 501.04 with a coefficient of variation of 2.43. The daily time series for the period is distributed with a sample standard deviation of 12.15, arithmetic mean of 500.6, and mean deviation of 9.62. The Index did not receive any noticable media coverage during the period.
Price Growth (%)