NQ US Backtesting

NQ US Specialty Rtlrs Large Mi -- USA Index  

 1,709  9.96  0.59%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of NQ US Specialty Rtlrs Large Mi 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 Specialty Rtlrs Large Mi 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 Specialty lagged returns against current returns

 Current and Lagged Values 

NQ US regressed lagged prices vs. current prices

 Current vs Lagged Prices 

NQ US Specialty Backtested Returns

NQ US Specialty retains Efficiency (Sharpe Ratio) of 0.2183 which conveys that NQ US Specialty had 0.2183% 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 extremely important to respect NQ US Specialty existing price patterns, it is better to be realistic regarding the information on 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 Specialty technical indicators you can at this moment evaluate if the expected return of 0.1676% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.18 

Very weak predictability

NQ US Specialty Rtlrs Large Mi has very weak 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 Specialty price movement. The serial correlation of 0.18 indicates that over 18.0% of current NQ US price fluctuation can be explain by its past prices.
Correlation Coefficient 0.18
Spearman Rank Test 0.24
Price Variance 262.85
Lagged Price Variance 293.64

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 1693.23 with a coefficient of variation of 1.26. The daily time series for the period is distributed with a sample standard deviation of 21.15, arithmetic mean of 1681.22, and mean deviation of 18.31. The Index received some media coverage during the period.
Price Growth (%)  
Tractor Supply exotic insider transaction detected11/15/2017