Nasdaq US Backtesting

NQSHYLN -- USA Index  

 1,545  6.51  0.42%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Nasdaq US Shareholder Yield Net and determine expected loss or profit from investing in Nasdaq US over given investment horizon. See also Nasdaq US Hype Analysis, Nasdaq US Correlation, Portfolio Optimization, Nasdaq US Volatility as well as analyze Nasdaq US Alpha and Beta and Nasdaq US Performance.
Horizon     30 Days    Login   to change

Nasdaq US 'What if' Analysis

June 20, 2019
No Change 0.00  0.0%
In 3 months and 1 day
September 18, 2019
If you would invest  0.00  in Nasdaq US on June 20, 2019 and sell it all today you would earn a total of 0.00 from holding Nasdaq US Shareholder Yield Net or generate 0.0% return on investment in Nasdaq US over 90 days.

Nasdaq US Upside/Downside Indicators

Information Ratio0.5352
Maximum Drawdown1.4
Value At Risk(0.24)
Potential Upside1.16

Nasdaq US Market Premium Indicators

Risk Adjusted Performance0.5324
Total Risk Alpha0.3025

Nasdaq US Shareholder Backtested Returns

Nasdaq US Shareholder has Sharpe Ratio of 0.5632 which conveys that the entity had 0.5632% of return per unit of risk over the last 3 months. Our philosophy towards estimating 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-one technical indicators for Nasdaq US which you can use to evaluate future volatility of the organization. The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Nasdaq US are completely uncorrelated. Although it is vital to follow to Nasdaq US Shareholder price patterns, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns. The philosophy towards estimating 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 analyzing Nasdaq US Shareholder technical indicators you can presently evaluate if the expected return of 0.2905% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 
correlation synergy

No correlation between past and present

Nasdaq US Shareholder Yield Net has no correlation between past and present. Overlapping area represents the amount of predictability between Nasdaq US time series from June 20, 2019 to August 4, 2019 and August 4, 2019 to September 18, 2019. 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 US Shareholder price movement. The serial correlation of 0.0 indicates that just 0.0% of current Nasdaq US price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

Nasdaq US Shareholder lagged returns against current returns

 Current and Lagged Values 

Nasdaq US regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Nasdaq US Lagged Returns

 Regressed Prices 

Current Sentiment - NQSHYLN

Nasdaq US Shareholder Investor Sentiment

Macroaxis traders are unemotional in their take regarding direction of Nasdaq US Shareholder Yield Net Index. What is your trading attitude regarding investing in USA companies? Are you bullish or bearish on Nasdaq US Shareholder Yield Net?
50% Bullish
50% Bearish

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See also Nasdaq US Hype Analysis, Nasdaq US Correlation, Portfolio Optimization, Nasdaq US Volatility as well as analyze Nasdaq US Alpha and Beta and Nasdaq US Performance. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.