NQ US Backtesting

NQ US Ind Metals Mining Lg M -- USA Index  

 977.55  8.77  0.89%

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

NQ US 'What if' Analysis

October 22, 2017
No Change 0.00  0.0%
In 31 days
November 21, 2017
If you would invest  0.00  in NQ US on October 22, 2017 and sell it all today you would earn a total of 0.00 from holding NQ US Ind Metals Mining Lg M or generate 0.0% return on investment in NQ US over 30 days. NQ US is entity of United States. It is traded as Index on NIM exchange.

NQ US Upside/Downside Indicators


NQ US Market Premium Indicators

NQ US Ind lagged returns against current returns

 Current and Lagged Values 

NQ US regressed lagged prices vs. current prices

 Current vs Lagged Prices 

NQ US Ind Backtested Returns

NQ US Ind retains Efficiency (Sharpe Ratio) of -0.1776 which conveys that NQ US Ind had -0.1776% of return per unit of price deviation over the last 1 month. Macroaxis way in which we are 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. NQ US exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The index owns Beta (Systematic Risk) of 0.0 which conveys that the returns on MARKET and NQ US are completely uncorrelated. Even though it is essential to pay attention to NQ US Ind existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis way in which we are 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. NQ US exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.5 

Modest predictability

NQ US Ind Metals Mining Lg M has modest predictability. Overlapping area represents the amount of predictability between NQ US time series from October 22, 2017 to November 6, 2017 and November 6, 2017 to November 21, 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 NQ US Ind price movement. The serial correlation of 0.5 indicates that about 50.0% of current NQ US price fluctuation can be explain by its past prices.
Correlation Coefficient 0.5
Spearman Rank Test 0.15
Price Variance 882.81
Lagged Price Variance 113.68

NQ US Lagged Returns

 Regressed Prices 

NQ US Performance vs DOW

The median price of NQ US for the period between Sun, Oct 22, 2017 and Tue, Nov 21, 2017 is 1033.5 with a coefficient of variation of 2.96. The daily time series for the period is distributed with a sample standard deviation of 30.22, arithmetic mean of 1021.47, and mean deviation of 25.02. The Index did not receive any noticable media coverage during the period.
Price Growth (%)