NQTH (Thailand) Backtesting

NQTH -- Thailand Index  

 1,156  3.57  0.31%

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

NQTH 'What if' Analysis

October 23, 2017
No Change 0.00  0.0%
In 31 days
November 22, 2017
If you would invest  0.00  in NQTH on October 23, 2017 and sell it all today you would earn a total of 0.00 from holding NQTH or generate 0.0% return on investment in NQTH over 30 days. NQTH is entity of Thailand. It is traded as Index on Index exchange.

NQTH Upside/Downside Indicators


NQTH Market Premium Indicators

NQTH lagged returns against current returns

 Current and Lagged Values 

NQTH regressed lagged prices vs. current prices

 Current vs Lagged Prices 

NQTH Backtested Returns

NQTH has Sharpe Ratio of 0.2443 which conveys that NQTH had 0.2443% of return per unit of standard deviation 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 NQTH 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 NQTH are completely uncorrelated. Although it is extremely important to respect NQTH 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 reviewing NQTH technical indicators you can currently evaluate if the expected return of 0.15% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.05 

Virtually no predictability

NQTH has virtually no predictability. Overlapping area represents the amount of predictability between NQTH time series from October 23, 2017 to November 7, 2017 and November 7, 2017 to November 22, 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 NQTH price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current NQTH price fluctuation can be explain by its past prices.
Correlation Coefficient 0.05
Spearman Rank Test 0.41
Price Variance 144.83
Lagged Price Variance 23.31

NQTH Lagged Returns

 Regressed Prices 

NQTH Performance vs NQTH

The median price of NQTH for the period between Mon, Oct 23, 2017 and Wed, Nov 22, 2017 is 1134.1 with a coefficient of variation of 0.85. The daily time series for the period is distributed with a sample standard deviation of 9.62, arithmetic mean of 1136.06, and mean deviation of 6.94. The Index did not receive any noticable media coverage during the period.
Price Growth (%)