NASDAQ 100 Backtesting

NASDAQ 100 Pre Market Indicator -- USA Index  

 6,351  57.61  0.92%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of NASDAQ 100 Pre Market Indicator and determine expected loss or profit from investing in NASDAQ 100 over given investment horizon. See also NASDAQ 100 Hype Analysis, NASDAQ 100 Correlation, Portfolio Optimization, NASDAQ 100 Volatility as well as analyze NASDAQ 100 Alpha and Beta and NASDAQ 100 Performance
Investment Horizon     30 Days    Login   to change
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NASDAQ 100 'What if' Analysis

October 21, 2017
0.00
No Change 0.00  0.0%
In 31 days
November 20, 2017
0.00
If you would invest  0.00  in NASDAQ 100 on October 21, 2017 and sell it all today you would earn a total of 0.00 from holding NASDAQ 100 Pre Market Indicator or generate 0.0% return on investment in NASDAQ 100 over 30 days. NASDAQ100 Pre is entity of United States

NASDAQ 100 Upside/Downside Indicators

  

NASDAQ 100 Market Premium Indicators

NASDAQ 100 Pre lagged returns against current returns

 Current and Lagged Values 
      Timeline 

NASDAQ 100 regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

NASDAQ 100 Pre Backtested Returns

NASDAQ 100 Pre has Sharpe Ratio of 0.301 which conveys that NASDAQ 100 Pre had 0.301% of return per unit of standard deviation over the last 1 month. Our approach into 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 technical indicators for NASDAQ 100 which you can use to evaluate future volatility of the entity. The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ 100 are completely uncorrelated. Although it is extremely important to respect NASDAQ 100 Pre price patterns, it is better to be realistic regarding the information on equity historical price patterns. The approach into 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 inspecting NASDAQ 100 Pre technical indicators you can now evaluate if the expected return of 0.1759% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.1 

Insignificant predictability

NASDAQ 100 Pre Market Indicator has insignificant predictability. Overlapping area represents the amount of predictability between NASDAQ 100 time series from October 21, 2017 to November 5, 2017 and November 5, 2017 to November 20, 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 NASDAQ 100 Pre price movement. The serial correlation of 0.1 indicates that less than 10.0% of current NASDAQ 100 price fluctuation can be explain by its past prices.
Correlation Coefficient 0.1
Spearman Rank Test 0.35
Price Variance 637.96
Lagged Price Variance 7592.61

NASDAQ 100 Lagged Returns

 Regressed Prices 
      Timeline 

NASDAQ 100 Performance vs DOW

The median price of NASDAQ 100 for the period between Sat, Oct 21, 2017 and Mon, Nov 20, 2017 is 6267.97 with a coefficient of variation of 1.56. The daily time series for the period is distributed with a sample standard deviation of 97.04, arithmetic mean of 6224.46, and mean deviation of 83.76. The Index did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline