NQ US Backtesting

NQ US Specialty Rtlrs Large Mi -- USA Index  

 2,004  46.64  2.27%

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
 Time Horizon     30 Days    Login   to change

NQ US 'What if' Analysis

January 18, 2018
No Change 0.00  0.0%
In 31 days
February 17, 2018
If you would invest  0.00  in NQ US on January 18, 2018 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 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 0.1322 which conveys that NQ US Specialty had 0.1322% 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 0.2462% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.09 

Virtually no predictability

NQ US Specialty Rtlrs Large Mi has virtually no predictability. Overlapping area represents the amount of predictability between NQ US time series from January 18, 2018 to February 2, 2018 and February 2, 2018 to February 17, 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 NQ US Specialty price movement. The serial correlation of 0.09 indicates that less than 9.0% of current NQ US price fluctuation can be explain by its past prices.
Correlation Coefficient 0.09
Spearman Rank Test 0.38
Price Variance 1315.76
Lagged Price Variance 3382.1

NQ US Lagged Returns

 Regressed Prices 

NQ US Performance vs DOW

The median price of NQ US for the period between Thu, Jan 18, 2018 and Sat, Feb 17, 2018 is 2014.28 with a coefficient of variation of 2.92. The daily time series for the period is distributed with a sample standard deviation of 58.95, arithmetic mean of 2016.65, and mean deviation of 48.06. The Index did not receive any noticable media coverage during the period.
Price Growth (%)