ETFS Bloomberg Backtesting

BEF -- USA Etf  

USD 27.75  0.0015  0.0054%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr and determine expected loss or profit from investing in ETFS Bloomberg over given investment horizon. Check also ETFS Bloomberg Hype Analysis, ETFS Bloomberg Correlation, Portfolio Optimization, ETFS Bloomberg Volatility as well as analyze ETFS Bloomberg Alpha and Beta and ETFS Bloomberg Performance.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

ETFS Bloomberg 'What if' Analysis

June 17, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 17, 2018
0.00
If you would invest  0.00  in ETFS Bloomberg on June 17, 2018 and sell it all today you would earn a total of 0.00 from holding ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr or generate 0.0% return on investment in ETFS Bloomberg over 30 days. ETFS Bloomberg is related to or competes with United States, PowerShares DB, United States, PowerShares DB, VelocityShares 3x, VelocityShares 3x, and ProShares Trust. The investment seeks to provide a total return designed to exceed the performance of the Bloomberg Energy Index 3 Month ...

ETFS Bloomberg Upside/Downside Indicators

Maximum Drawdown6.54
Value At Risk2.29
Potential Upside1.74
  

ETFS Bloomberg Market Premium Indicators

Risk Adjusted Performance0.01

ETFS Bloomberg Engy Backtested Returns

We consider ETFS Bloomberg not too volatile. ETFS Bloomberg Engy secures Sharpe Ratio (or Efficiency) of 0.0156 which denotes ETFS Bloomberg Engy had 0.0156% of return per unit of return volatility over the last 1 month. Our approach to predicting volatility of a etf is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr which you can use to evaluate future volatility of the entity. Please confirm ETFS Bloomberg Engy Mean Deviation of 0.8355 to check if risk estimate we provide are consistent with the epected return of 0.021%. The organization shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and ETFS Bloomberg are completely uncorrelated. Although it is extremely important to respect ETFS Bloomberg Engy historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach to predicting future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining ETFS Bloomberg Engy technical indicators you can today evaluate if the expected return of 0.021% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.52) 

Good reverse predictability

ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr has good reverse predictability. Overlapping area represents the amount of predictability between ETFS Bloomberg time series from June 17, 2018 to July 2, 2018 and July 2, 2018 to July 17, 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 ETFS Bloomberg Engy price movement. The serial correlation of -0.52 indicates that about 52.0% of current ETFS Bloomberg price fluctuation can be explain by its past prices. Given that ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of ETFS Bloomberg for similar time interval.
Correlation Coefficient -0.52
Spearman Rank Test -0.77
Price Variance 0.16
Lagged Price Variance 0.23

ETFS Bloomberg Engy lagged returns against current returns

 Current and Lagged Values 
      Timeline 

ETFS Bloomberg regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

ETFS Bloomberg Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - BEF

ETFS Bloomberg Engy Investor Sentiment
Macroaxis portfolio users are unresponsive in their opinion about investing in ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr. What is your opinion about investing in ETFS Bloomberg Engy Lngr Dtd Strt K 1Fr? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for ETFS Bloomberg and United States Oil. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Check also ETFS Bloomberg Hype Analysis, ETFS Bloomberg Correlation, Portfolio Optimization, ETFS Bloomberg Volatility as well as analyze ETFS Bloomberg Alpha and Beta and ETFS Bloomberg Performance. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.