Nasdaq US Backtesting

Nasdaq US Shareholder Yield Net -- USA Index  

 1,409  4.54  0.32%

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
Investment Horizon     30 Days    Login   to change

Nasdaq US 'What if' Analysis

October 19, 2017
No Change 0.00  0.0%
In 31 days
November 18, 2017
If you would invest  0.00  in Nasdaq US on October 19, 2017 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 30 days. Nasdaq US is entity of United States. It is traded as Index on NIM exchange.

Nasdaq US Upside/Downside Indicators


Nasdaq US Market Premium Indicators

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 Shareholder Backtested Returns

Nasdaq US Shareholder has Sharpe Ratio of 0.0351 which conveys that Nasdaq US Shareholder had 0.0351% of return per unit of risk over the last 1 month. Our philosophy towards estimating volatility of a index is to use all available market data together with company 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 extremely important to respect Nasdaq US Shareholder price patterns, it is better to be realistic regarding the information on 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 0.0161% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.35) 

Poor reverse predictability

Nasdaq US Shareholder Yield Net has poor reverse predictability. Overlapping area represents the amount of predictability between Nasdaq US 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 US Shareholder price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Nasdaq US price fluctuation can be explain by its past prices. Given that Nasdaq US Shareholder Yield Net has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Nasdaq US for similar time interval.
Correlation Coefficient -0.35
Spearman Rank Test -0.38
Price Variance 37.75
Lagged Price Variance 53.75

Nasdaq US Lagged Returns

 Regressed Prices 

Nasdaq US Performance vs DOW

The median price of Nasdaq US for the period between Thu, Oct 19, 2017 and Sat, Nov 18, 2017 is 1400.72 with a coefficient of variation of 0.6. The daily time series for the period is distributed with a sample standard deviation of 8.37, arithmetic mean of 1402.06, and mean deviation of 6.88. The Index received some media coverage during the period.
Price Growth (%)  
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