Taiwan Wtd (Taiwan) Backtesting

Taiwan Wtd -- Taiwan Index  

 10,702  76.6  0.72%

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
Investment Horizon     30 Days    Login   to change

Taiwan Wtd 'What if' Analysis

October 19, 2017
No Change 0.00  0.0%
In 31 days
November 18, 2017
If you would invest  0.00  in Taiwan Wtd on October 19, 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 

Taiwan Wtd regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Taiwan Wtd Backtested Returns

Taiwan Wtd owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0726 which indicates Taiwan Wtd had -0.0726% of return per unit of risk over the last 1 month. 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(0.56) 

Good reverse predictability

Taiwan Wtd has good reverse predictability. Overlapping area represents the amount of predictability between Taiwan Wtd time series from October 19, 2017 to November 3, 2017 and November 3, 2017 to November 18, 2017. 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 -0.56 indicates that roughly 56.0% of current Taiwan Wtd price fluctuation can be explain by its past prices. Given that Taiwan Wtd has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Taiwan Wtd for similar time interval.
Correlation Coefficient -0.56
Spearman Rank Test -0.61
Price Variance 4574.22
Lagged Price Variance 910.68

Taiwan Wtd Lagged Returns

 Regressed Prices 

Taiwan Wtd Performance vs Taiwan Wtd

The median price of Taiwan Wtd for the period between Thu, Oct 19, 2017 and Sat, Nov 18, 2017 is 10743.78 with a coefficient of variation of 0.52. The daily time series for the period is distributed with a sample standard deviation of 56.1, arithmetic mean of 10743.58, and mean deviation of 42.46. The Index did not receive any noticable media coverage during the period.
Price Growth (%)