Virtus LifeSci Backtesting

Virtus LifeSci Biotech Products ETF -- USA Etf  

USD 41.85  1.27  2.95%

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

Virtus LifeSci 'What if' Analysis

February 18, 2018
No Change 0.00  0.0%
In 31 days
March 20, 2018
If you would invest  0.00  in Virtus LifeSci on February 18, 2018 and sell it all today you would earn a total of 0.00 from holding Virtus LifeSci Biotech Products ETF or generate 0.0% return on investment in Virtus LifeSci over 30 days. Virtus LifeSci is related to or competes with Financial Select, Technology Select, Vanguard Information, Energy Select, and Consumer Discret. The investment seeks investment results that correspond, before fees and expenses, to the price and yield performance of...

Virtus LifeSci Upside/Downside Indicators


Virtus LifeSci Market Premium Indicators

Virtus LifeSci Biotech lagged returns against current returns

 Current and Lagged Values 

Virtus LifeSci regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Virtus LifeSci Biotech Backtested Returns

Macroaxis considers Virtus LifeSci to be not too risky. Virtus LifeSci Biotech owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0038 which indicates Virtus LifeSci Biotech had -0.0038% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Virtus LifeSci Biotech Products ETF exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Virtus LifeSci Coefficient Of Variation of 4,078 and Risk Adjusted Performance of 0.024711 to confirm risk estimate we provide. The entity has beta of -0.3517 which indicates as returns on market increase, returns on owning Virtus LifeSci are expected to decrease at a much smaller rate. During bear market, Virtus LifeSci is likely to outperform the market.. Even though it is essential to pay attention to Virtus LifeSci Biotech current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Virtus LifeSci Biotech Products ETF exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.02) 

Very weak reverse predictability

Virtus LifeSci Biotech Products ETF has very weak reverse predictability. Overlapping area represents the amount of predictability between Virtus LifeSci time series from February 18, 2018 to March 5, 2018 and March 5, 2018 to March 20, 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 Virtus LifeSci Biotech price movement. The serial correlation of -0.02 indicates that only 2.0% of current Virtus LifeSci price fluctuation can be explain by its past prices. Given that Virtus LifeSci Biotech Products ETF has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Virtus LifeSci for similar time interval.
Correlation Coefficient -0.02
Spearman Rank Test -0.62
Price Variance 0.38
Lagged Price Variance 0.27

Virtus LifeSci Lagged Returns

 Regressed Prices 

Virtus LifeSci Performance vs DOW

The median price of Virtus LifeSci for the period between Sun, Feb 18, 2018 and Tue, Mar 20, 2018 is 42.45 with a coefficient of variation of 2.16. The daily time series for the period is distributed with a sample standard deviation of 0.92, arithmetic mean of 42.57, and mean deviation of 0.75. The Etf did not receive any noticable media coverage during the period.
 Price Growth (%)