Stockholm (Sweden) Backtesting

Stockholm -- Sweden Index  

 560.96  5.45  0.96%

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

Stockholm '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 Stockholm on January 19, 2018 and sell it all today you would earn a total of 0.00 from holding Stockholm or generate 0.0% return on investment in Stockholm over 30 days.

Stockholm Upside/Downside Indicators


Stockholm Market Premium Indicators

Stockholm lagged returns against current returns

 Current and Lagged Values 

Stockholm regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Stockholm Backtested Returns

Stockholm owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1733 which indicates Stockholm had -0.1733% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring 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. Stockholm exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The entity has beta of 0.0 which indicates the returns on MARKET and Stockholm are completely uncorrelated. Even though it is essential to pay attention to Stockholm current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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. Stockholm exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.20) 

Insignificant reverse predictability

Stockholm has insignificant reverse predictability. Overlapping area represents the amount of predictability between Stockholm 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 Stockholm price movement. The serial correlation of -0.2 indicates that over 20.0% of current Stockholm price fluctuation can be explain by its past prices. Given that Stockholm has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Stockholm for similar time interval.
Correlation Coefficient -0.2
Spearman Rank Test -0.44
Price Variance 41.68
Lagged Price Variance 30.15

Stockholm Lagged Returns

 Regressed Prices 

Stockholm Performance vs Stockholm

The median price of Stockholm for the period between Fri, Jan 19, 2018 and Sun, Feb 18, 2018 is 580.43 with a coefficient of variation of 2.71. The daily time series for the period is distributed with a sample standard deviation of 15.53, arithmetic mean of 573.82, and mean deviation of 13.74. The Index received some media coverage during the period.
Price Growth (%)  
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