OSE All (Norway) Backtesting

OSE All -- Norway Index  

 894.97  8.88  0.98%

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

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

OSE All Upside/Downside Indicators


OSE All Market Premium Indicators

OSE All lagged returns against current returns

 Current and Lagged Values 

OSE All regressed lagged prices vs. current prices

 Current vs Lagged Prices 

OSE All Backtested Returns

OSE All maintains Sharpe Ratio (i.e. Efficiency) of -0.1467 which implies OSE All had -0.1467% of return per unit of risk over the last 1 month. Macroaxis philosophy in forecasting 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. OSE All exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The index holds Beta of 0.0 which implies the returns on MARKET and OSE All are completely uncorrelated. Even though it is essential to pay attention to OSE All current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy in forecasting 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. OSE All exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.35) 

Poor reverse predictability

OSE All has poor reverse predictability. Overlapping area represents the amount of predictability between OSE All 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 OSE All price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current OSE All price fluctuation can be explain by its past prices. Given that OSE All has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of OSE All for similar time interval.
Correlation Coefficient -0.35
Spearman Rank Test -0.31
Price Variance 63.98
Lagged Price Variance 168.17

OSE All Lagged Returns

 Regressed Prices 

OSE All Performance vs OSE All

The median price of OSE All for the period between Fri, Jan 19, 2018 and Sun, Feb 18, 2018 is 907.17 with a coefficient of variation of 2.24. The daily time series for the period is distributed with a sample standard deviation of 20.35, arithmetic mean of 910.06, and mean deviation of 17.41. The Index did not receive any noticable media coverage during the period.
Price Growth (%)