iPath Seasonal Backtesting

iPath Seasonal Natural Gas ETN -- USA Etf  

USD 17.42  0.27  1.53%

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

iPath Seasonal 'What if' Analysis

September 16, 2017
 0.00 
No Change 0.00  0.0%
In 31 days
October 16, 2017
 0.00 
If you would invest  0.00  in iPath Seasonal on September 16, 2017 and sell it all today you would earn a total of 0.00 from holding iPath Seasonal Natural Gas ETN or generate 0.0% return on investment in iPath Seasonal over 30 days. iPath Seasonal is related to or competes with Vanguard Australian, SPDR NYSE, Franklin LibertyQ, Russell Investments, Sector 5, and SPDR MSCI. The investment seeks to provide investors with exposure to the Barclays Natural Gas Seasonal Total Return Index

iPath Seasonal Upside/Downside Indicators

  

iPath Seasonal Market Premium Indicators

iPath Seasonal Natural lagged returns against current returns

 Current and Lagged Values 
      Timeline 

iPath Seasonal regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

iPath Seasonal Natural Backtested Returns

Macroaxis considers iPath Seasonal to be not very risky. iPath Seasonal Natural shows Sharpe Ratio of -0.4061 which attests that iPath Seasonal Natural had -0.4061% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining 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. iPath Seasonal Natural exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out iPath Seasonal Natural Market Risk Adjusted Performance of 0.1276 and Mean Deviation of 0.785 to validate risk estimate we provide. The entity maintains market beta of -1.2653 which attests that as returns on market increase, returns on owning iPath Seasonal are expected to decrease by larger amounts. On the other hand, during market turmoil, iPath Seasonal is expected to significantly outperform it.. Even though it is essential to pay attention to iPath Seasonal Natural historical price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining 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. iPath Seasonal Natural exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.68 

Good predictability

iPath Seasonal Natural Gas ETN has good predictability. Overlapping area represents the amount of predictability between iPath Seasonal time series from September 16, 2017 to October 1, 2017 and October 1, 2017 to October 16, 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 iPath Seasonal Natural price movement. The serial correlation of 0.68 indicates that around 68.0% of current iPath Seasonal price fluctuation can be explain by its past prices.
Correlation Coefficient 0.68
Spearman Rank Test 0.7
Price Variance 0.12
Lagged Price Variance 0.1

iPath Seasonal Lagged Returns

 Regressed Prices 
      Timeline 

iPath Seasonal Performance vs DOW

The median price of iPath Seasonal for the period between Sat, Sep 16, 2017 and Mon, Oct 16, 2017 is 18.07 with a coefficient of variation of 2.16. The daily time series for the period is distributed with a sample standard deviation of 0.39, arithmetic mean of 18.21, and mean deviation of 0.29. The Etf did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline