NASDAQ N Backtesting

NASDAQ N America Basic Matls Lg -- USA Index  

 1,442  4.8  0.33%

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

NASDAQ N 'What if' Analysis

October 20, 2017
No Change 0.00  0.0%
In 31 days
November 19, 2017
If you would invest  0.00  in NASDAQ N on October 20, 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 

NASDAQ N regressed lagged prices vs. current prices

 Current vs Lagged Prices 

NASDAQ N America Backtested Returns

NASDAQ N America has Sharpe Ratio of -0.0929 which conveys that NASDAQ N America had -0.0929% 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 0.61 

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 20, 2017 to November 4, 2017 and November 4, 2017 to November 19, 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 0.61 indicates that roughly 61.0% of current NASDAQ N price fluctuation can be explain by its past prices.
Correlation Coefficient 0.61
Spearman Rank Test 0.16
Price Variance 197.36
Lagged Price Variance 91.69

NASDAQ N Lagged Returns

 Regressed Prices 

NASDAQ N Performance vs DOW

The median price of NASDAQ N for the period between Fri, Oct 20, 2017 and Sun, Nov 19, 2017 is 1456.69 with a coefficient of variation of 0.83. The daily time series for the period is distributed with a sample standard deviation of 12.04, arithmetic mean of 1454.95, and mean deviation of 9.76. The Index received some media coverage during the period.
Price Growth (%)  
Exercise or conversion by Lawrence Teel of 3408 shares of We...11/15/2017