Greece TR (Greece) Backtesting

NQGRT -- Greece Index  

EUR 425.22  4.49  1.04%

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

October 15, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
December 14, 2018
0.00
If you would invest  0.00  in Greece TR on October 15, 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 60 days.

Greece TR Upside/Downside Indicators

Downside Deviation1.6
Information Ratio0.0469
Maximum Drawdown8.26
Value At Risk(2.25)
Potential Upside3.23
  

Greece TR Market Premium Indicators

Risk Adjusted Performance0.0388
Total Risk Alpha0.1046
Sortino Ratio0.0534

Greece TR Backtested Returns

Greece TR holds Efficiency (Sharpe) Ratio of 0.015 which attests that Greece TR had 0.015% of return per unit of risk over the last 2 months. Our philosophy towards determining volatility of an index is to use all available market data together with index specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Greece TR which you can use to evaluate future volatility of the entity. The index retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Greece TR are completely uncorrelated. Although it is extremely important to respect Greece TR current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards 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 evaluating Greece TR technical indicators you can presently evaluate if the expected return of 0.0271% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.42) 
correlation synergy

Modest reverse predictability

Greece TR has modest reverse predictability. Overlapping area represents the amount of predictability between Greece TR time series from October 15, 2018 to November 14, 2018 and November 14, 2018 to December 14, 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 -0.42 indicates that just about 42.0% 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-0.42
Spearman Rank Test-0.31
Residual Average0.0
Price Variance256.06

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 Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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