NQ US Backtesting

NQ US Retail Large Mid Cap AUD -- USA Index  

 1,886  7.02  0.37%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of NQ US Retail Large Mid Cap AUD 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 25, 2017
No Change 0.00  0.0%
In 30 days
November 24, 2017
If you would invest  0.00  in NQ US on October 25, 2017 and sell it all today you would earn a total of 0.00 from holding NQ US Retail Large Mid Cap AUD 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 Retail lagged returns against current returns

 Current and Lagged Values 

NQ US regressed lagged prices vs. current prices

 Current vs Lagged Prices 

NQ US Retail Backtested Returns

NQ US Retail retains Efficiency (Sharpe Ratio) of 0.444 which conveys that NQ US Retail had 0.444% of return per unit of price deviation over the last 1 month. Our way in which we are 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 NQ US which you can use to evaluate future volatility of the organization. The index owns Beta (Systematic Risk) of 0.0 which conveys that the returns on MARKET and NQ US are completely uncorrelated. Although it is vital to follow to NQ US Retail existing price patterns, it is good to be conservative about what you can actually do with the information regarding equity price patterns. The way in which we are 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 NQ US Retail technical indicators you can at this moment evaluate if the expected return of 0.3683% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.73 

Good predictability

NQ US Retail Large Mid Cap AUD has good predictability. Overlapping area represents the amount of predictability between NQ US time series from October 25, 2017 to November 9, 2017 and November 9, 2017 to November 24, 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 Retail price movement. The serial correlation of 0.73 indicates that around 73.0% of current NQ US price fluctuation can be explain by its past prices.
Correlation Coefficient 0.73
Spearman Rank Test 0.82
Price Variance 869.37
Lagged Price Variance 427.46

NQ US Lagged Returns

 Regressed Prices 

NQ US Performance vs DOW

The median price of NQ US for the period between Wed, Oct 25, 2017 and Fri, Nov 24, 2017 is 1805.12 with a coefficient of variation of 2.48. The daily time series for the period is distributed with a sample standard deviation of 44.91, arithmetic mean of 1809.81, and mean deviation of 34.79. The Index received some media coverage during the period.
Price Growth (%)  
Exercise or conversion by Adam DeWitt of 3000 shares of Grub...11/22/2017