NASDAQ N Backtesting

NASDAQ N America Telecom Lg Md -- USA Index  

 1,497  17.84  1.18%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of NASDAQ N America Telecom Lg Md 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
 Time Horizon     30 Days    Login   to change

NASDAQ N 'What if' Analysis

December 18, 2017
No Change 0.00  0.0%
In 30 days
January 17, 2018
If you would invest  0.00  in NASDAQ N on December 18, 2017 and sell it all today you would earn a total of 0.00 from holding NASDAQ N America Telecom Lg Md 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 -0.4923 which conveys that NASDAQ N America had -0.4923% 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 0.82 

Very good predictability

NASDAQ N America Telecom Lg Md has very good predictability. Overlapping area represents the amount of predictability between NASDAQ N time series from December 18, 2017 to January 2, 2018 and January 2, 2018 to January 17, 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 NASDAQ N America price movement. The serial correlation of 0.82 indicates that around 82.0% of current NASDAQ N price fluctuation can be explain by its past prices.
Correlation Coefficient 0.82
Spearman Rank Test 0.87
Price Variance 361.97
Lagged Price Variance 78.97

NASDAQ N Lagged Returns

 Regressed Prices 

NASDAQ N Performance vs DOW

The median price of NASDAQ N for the period between Mon, Dec 18, 2017 and Wed, Jan 17, 2018 is 1565.28 with a coefficient of variation of 1.88. The daily time series for the period is distributed with a sample standard deviation of 29.29, arithmetic mean of 1558.05, and mean deviation of 25.26. The Index received some media coverage during the period.
Price Growth (%)  
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