Madrid Gnrl (Spain) Backtesting

Madrid Gnrl -- Spain Index  

 1,059  1  0.0945%

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

Madrid Gnrl 'What if' Analysis

December 18, 2017
No Change 0.00  0.0%
In 31 days
January 17, 2018
If you would invest  0.00  in Madrid Gnrl on December 18, 2017 and sell it all today you would earn a total of 0.00 from holding Madrid Gnrl or generate 0.0% return on investment in Madrid Gnrl over 30 days. Madrid Gnrl is entity of Spain. It is traded as Index on Index exchange.

Madrid Gnrl Upside/Downside Indicators


Madrid Gnrl Market Premium Indicators

Madrid Gnrl lagged returns against current returns

 Current and Lagged Values 

Madrid Gnrl regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Madrid Gnrl Backtested Returns

Madrid Gnrl has Sharpe Ratio of 0.1764 which conveys that Madrid Gnrl had 0.1764% of return per unit of risk over the last 1 month. Our philosophy towards 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 Madrid Gnrl which you can use to evaluate future volatility of the organization. The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Madrid Gnrl are completely uncorrelated. Although it is extremely important to respect Madrid Gnrl price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards 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 Madrid Gnrl technical indicators you can presently evaluate if the expected return of 0.119% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.6) 

Good reverse predictability

Madrid Gnrl has good reverse predictability. Overlapping area represents the amount of predictability between Madrid Gnrl time series from December 18, 2017 to January 2, 2018 and January 2, 2018 to January 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 Madrid Gnrl price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Madrid Gnrl price fluctuation can be explain by its past prices. Given that Madrid Gnrl has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Madrid Gnrl for similar time interval.
Correlation Coefficient -0.6
Spearman Rank Test -0.87
Price Variance 202.05
Lagged Price Variance 71.82

Madrid Gnrl Lagged Returns

 Regressed Prices 

Madrid Gnrl Performance vs Madrid Gnrl

The median price of Madrid Gnrl for the period between Mon, Dec 18, 2017 and Wed, Jan 17, 2018 is 1036.49 with a coefficient of variation of 1.34. The daily time series for the period is distributed with a sample standard deviation of 13.87, arithmetic mean of 1037.72, and mean deviation of 11.68. The Index did not receive any noticable media coverage during the period.
Price Growth (%)