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Straits Tms (Singapore) Backtesting

STI
STI -- Singapore Index  

 2,471  1.48  0.06%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Straits Tms and determine expected loss or profit from investing in Straits Tms over given investment horizon. Check out Straits Tms Hype Analysis, Straits Tms Correlation, Portfolio Optimization, Straits Tms Volatility as well as analyze Straits Tms Alpha and Beta and Straits Tms Performance.
Symbol
Backtest

Straits Tms 'What if' Analysis

0.00
01/07/2020
No Change 0.00  0.0 
In 3 months and 1 day
04/06/2020
0.00
If you would invest  0.00  in Straits Tms on January 7, 2020 and sell it all today you would earn a total of 0.00 from holding Straits Tms or generate 0.0% return on investment in Straits Tms over 90 days. Straits Tms is related to or competes with Shangri La, and IHH. Straits Tms is entity of Singapore. It is traded as Index on Index exchange.

Straits Tms Upside/Downside Indicators

Information Ratio(0.010822)
Maximum Drawdown11.67
Value At Risk(4.73)
Potential Upside2.69

Straits Tms Market Premium Indicators

Risk Adjusted Performance(0.74)
Total Risk Alpha(0.20)

Straits Tms Backtested Returns

Straits Tms owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1769, which indicates the organization had -0.1769% of return per unit of risk over the last 3 months. Macroaxis philosophy towards measuring 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. Straits Tms exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. The entity has a beta of 0.0, which indicates the returns on MARKET and Straits Tms are completely uncorrelated. Even though it is essential to pay attention to Straits Tms current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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. Straits Tms exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.71 
correlation synergy

Good predictability

Straits Tms has good predictability. Overlapping area represents the amount of predictability between Straits Tms time series from 7th of January 2020 to 21st of February 2020 and 21st of February 2020 to 6th of April 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Straits Tms price movement. The serial correlation of 0.71 indicates that around 71.0% of current Straits Tms price fluctuation can be explain by its past prices.
Correlation Coefficient0.71
Spearman Rank Test0.65
Residual Average0.0
Price Variance89712.93

Straits Tms lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

Straits Tms regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
  Timeline 

Straits Tms Lagged Returns

 Regressed Prices 
    
  Timeline 

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Check out Straits Tms Hype Analysis, Straits Tms Correlation, Portfolio Optimization, Straits Tms Volatility as well as analyze Straits Tms Alpha and Beta and Straits Tms Performance. Please also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page