Madrid Gnrl (Spain) Backtesting

Madrid Gnrl -- Spain Index  

 991.53  0.000029  0.00%

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

February 17, 2018
No Change 0.00  0.0%
In 30 days
March 19, 2018
If you would invest  0.00  in Madrid Gnrl on February 17, 2018 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 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 -0.0328 which conveys that Madrid Gnrl had -0.0328% of return per unit of risk over the last 1 month. Macroaxis philosophy towards estimating 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. Madrid Gnrl exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Madrid Gnrl are completely uncorrelated. Even though it is essential to pay attention to Madrid Gnrl price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating 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. Madrid Gnrl exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.54) 

Good reverse predictability

Madrid Gnrl has good reverse predictability. Overlapping area represents the amount of predictability between Madrid Gnrl time series from February 17, 2018 to March 4, 2018 and March 4, 2018 to March 19, 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 -0.54 indicates that about 54.0% 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 -0.54
Spearman Rank Test -0.45
Price Variance 32.24
Lagged Price Variance 143.3

Madrid Gnrl Lagged Returns

 Regressed Prices 

Madrid Gnrl Performance vs Madrid Gnrl

The median price of Madrid Gnrl for the period between Sat, Feb 17, 2018 and Mon, Mar 19, 2018 is 990.0 with a coefficient of variation of 1.13. The daily time series for the period is distributed with a sample standard deviation of 11.17, arithmetic mean of 990.56, and mean deviation of 9.39. The Index did not receive any noticable media coverage during the period.
 Price Growth (%)