Madrid Gnrl (Spain) Backtesting

SMSI -- Spain Index  

 984.83  0.05  0.0051%

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

June 21, 2018
No Change 0.00  0.0%
In 31 days
July 21, 2018
If you would invest  0.00  in Madrid Gnrl on June 21, 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

Downside Deviation0.8317
Information Ratio0.13
Maximum Drawdown2.61
Value At Risk1.50
Potential Upside0.9951

Madrid Gnrl Market Premium Indicators

Risk Adjusted Performance0.0134
Total Risk Alpha0.14
Sortino Ratio0.11

Madrid Gnrl Backtested Returns

Madrid Gnrl has Sharpe Ratio of 0.0205 which conveys that Madrid Gnrl had 0.0205% 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 0.0144% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 

No correlation between past and present

Madrid Gnrl has no correlation between past and present. Overlapping area represents the amount of predictability between Madrid Gnrl time series from June 21, 2018 to July 6, 2018 and July 6, 2018 to July 21, 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 0.0 indicates that just 0.0% of current Madrid Gnrl price fluctuation can be explain by its past prices.
Spearman Rank Test -0.49
Price Variance 59.36
Lagged Price Variance 105.63
Average Price 990.3

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 Lagged Returns

 Regressed Prices 

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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. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.