NQTH (Thailand) Backtesting

NQTH -- Thailand Index  

 1,254  5.24  0.42%

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
 Time Horizon     30 Days    Login   to change

NQTH 'What if' Analysis

January 19, 2018
No Change 0.00  0.0%
In 31 days
February 18, 2018
If you would invest  0.00  in NQTH on January 19, 2018 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 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 0.0559 which conveys that NQTH had 0.0559% 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 0.0401% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.26 

Poor predictability

NQTH has poor predictability. Overlapping area represents the amount of predictability between NQTH time series from January 19, 2018 to February 3, 2018 and February 3, 2018 to February 18, 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 NQTH price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current NQTH price fluctuation can be explain by its past prices.
Correlation Coefficient 0.26
Spearman Rank Test 0.33
Price Variance 166.84
Lagged Price Variance 115.22

NQTH Lagged Returns

 Regressed Prices 

NQTH Performance vs NQTH

The median price of NQTH for the period between Fri, Jan 19, 2018 and Sun, Feb 18, 2018 is 1254.72 with a coefficient of variation of 1.35. The daily time series for the period is distributed with a sample standard deviation of 17.0, arithmetic mean of 1254.72, and mean deviation of 13.69. The Index did not receive any noticable media coverage during the period.
Price Growth (%)