NASDAQ N Backtesting

NASDAQ N America Basic Matls Lg -- USA Index  

 1,400  11.07  0.78%

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

NASDAQ N 'What if' Analysis

October 19, 2017
0.00
No Change 0.00  0.0%
In 31 days
November 18, 2017
0.00
If you would invest  0.00  in NASDAQ N on October 19, 2017 and sell it all today you would earn a total of 0.00 from holding NASDAQ N America Basic Matls Lg or generate 0.0% return on investment in NASDAQ N over 30 days. NASDAQ N is entity of United States. It is traded as Index on NIM exchange.

NASDAQ N Upside/Downside Indicators

  

NASDAQ N Market Premium Indicators

NASDAQ N America lagged returns against current returns

 Current and Lagged Values 
      Timeline 

NASDAQ N regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

NASDAQ N America Backtested Returns

NASDAQ N America has Sharpe Ratio of -0.0469 which conveys that NASDAQ N America had -0.0469% of return per unit of standard deviation over the last 1 month. 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 N exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ N are completely uncorrelated. Even though it is essential to pay attention to NASDAQ N America 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 N exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.7 

Good predictability

NASDAQ N America Basic Matls Lg has good predictability. Overlapping area represents the amount of predictability between NASDAQ N time series from October 19, 2017 to November 3, 2017 and November 3, 2017 to November 18, 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 NASDAQ N America price movement. The serial correlation of 0.7 indicates that around 70.0% of current NASDAQ N price fluctuation can be explain by its past prices.
Correlation Coefficient 0.7
Spearman Rank Test 0.47
Price Variance 199.72
Lagged Price Variance 76.76

NASDAQ N Lagged Returns

 Regressed Prices 
      Timeline 

NASDAQ N Performance vs DOW

The median price of NASDAQ N for the period between Thu, Oct 19, 2017 and Sat, Nov 18, 2017 is 1425.83 with a coefficient of variation of 0.83. The daily time series for the period is distributed with a sample standard deviation of 11.88, arithmetic mean of 1424.01, and mean deviation of 9.61. The Index received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Acquisition by Viktoras Sekmakas of tradable shares of PPG I...11/17/2017