Taiwan Wtd (Taiwan) Backtesting

Taiwan Wtd -- Taiwan Index  

 10,779  191.84  1.81%

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

Taiwan Wtd 'What if' Analysis

February 23, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
April 24, 2018
0.00
If you would invest  0.00  in Taiwan Wtd on February 23, 2018 and sell it all today you would earn a total of 0.00 from holding Taiwan Wtd or generate 0.0% return on investment in Taiwan Wtd over 60 days.

Taiwan Wtd Upside/Downside Indicators

Downside Deviation1.16
Information Ratio0.0824
Maximum Drawdown5.0
Value At Risk1.23
Potential Upside1.35
  

Taiwan Wtd Market Premium Indicators

Risk Adjusted Performance0.0379
Total Risk Alpha0.045
Sortino Ratio0.0621

Taiwan Wtd Backtested Returns

Taiwan Wtd owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0471 which indicates Taiwan Wtd had -0.0471% of return per unit of risk over the last 2 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. Taiwan Wtd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The entity has beta of 0.0 which indicates the returns on MARKET and Taiwan Wtd are completely uncorrelated. Even though it is essential to pay attention to Taiwan Wtd 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. Taiwan Wtd exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.33 

Below average predictability

Taiwan Wtd has below average predictability. Overlapping area represents the amount of predictability between Taiwan Wtd time series from February 23, 2018 to March 25, 2018 and March 25, 2018 to April 24, 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 Taiwan Wtd price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Taiwan Wtd price fluctuation can be explain by its past prices.
Correlation Coefficient 0.33
Spearman Rank Test 0.24
Price Variance 7461.32
Lagged Price Variance 18656.88

Taiwan Wtd lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Taiwan Wtd regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Taiwan Wtd Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - TWII

Taiwan Wtd Investor Sentiment
Most of Macroaxis investors are at this time bullish on Taiwan Wtd. What is your outlook on investing in Taiwan companies? Are you bullish or bearish on Taiwan Wtd?
Bullish
Bearish
98% Bullish
2% Bearish
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See also Taiwan Wtd Hype Analysis, Taiwan Wtd Correlation, Portfolio Optimization, Taiwan Wtd Volatility as well as analyze Taiwan Wtd Alpha and Beta and Taiwan Wtd Performance. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.