Taiwan Wtd (Taiwan) Backtesting

Taiwan Wtd -- Taiwan Index  

 11,072  79.28  0.71%

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

December 22, 2017
0.00
No Change 0.00  0.0%
In 31 days
January 21, 2018
0.00
If you would invest  0.00  in Taiwan Wtd on December 22, 2017 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 30 days. Taiwan Wtd is entity of Taiwan. It is traded as Index on Index exchange.

Taiwan Wtd Upside/Downside Indicators

  

Taiwan Wtd Market Premium Indicators

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 Backtested Returns

Taiwan Wtd owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.5471 which indicates Taiwan Wtd had 0.5471% of return per unit of risk over the last 1 month. Our philosophy towards measuring 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 technical indicators for Taiwan Wtd which you can use to evaluate future volatility of the index. The entity has beta of 0.0 which indicates the returns on MARKET and Taiwan Wtd are completely uncorrelated. Although it is vital to follow to Taiwan Wtd current price movements, it is good to be conservative about what you can actually do with the information regarding equity historical returns. The philosophy towards measuring 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 inspecting Taiwan Wtd technical indicators you can presently evaluate if the expected return of 0.271% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.96 

Excellent predictability

Taiwan Wtd has excellent predictability. Overlapping area represents the amount of predictability between Taiwan Wtd time series from December 22, 2017 to January 6, 2018 and January 6, 2018 to January 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 Taiwan Wtd price movement. The serial correlation of 0.96 indicates that 96.0% of current Taiwan Wtd price fluctuation can be explain by its past prices.
Correlation Coefficient 0.96
Spearman Rank Test 0.87
Price Variance 12331.29
Lagged Price Variance 27357.02

Taiwan Wtd Lagged Returns

 Regressed Prices 
      Timeline 

Taiwan Wtd Performance vs Taiwan Wtd

The median price of Taiwan Wtd for the period between Fri, Dec 22, 2017 and Sun, Jan 21, 2018 is 10831.09 with a coefficient of variation of 2.01. The daily time series for the period is distributed with a sample standard deviation of 215.95, arithmetic mean of 10769.93, and mean deviation of 186.03. The Index did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline