DB Crude Backtesting

DB Crude Oil Double Short ETN -- USA Etf  

USD 120.49  1.9  1.6%

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

DB Crude 'What if' Analysis

September 19, 2017
 0.00 
No Change 0.00  0.0%
In 31 days
October 19, 2017
 0.00 
If you would invest  0.00  in DB Crude on September 19, 2017 and sell it all today you would earn a total of 0.00 from holding DB Crude Oil Double Short ETN or generate 0.0% return on investment in DB Crude over 30 days. DB Crude is related to or competes with ProShares UltraShort, VelocityShares 3x, ProShares UltraShort, DB Gold, and UBS ETRACS. The investment seeks to track the price and yield performance, before fees and expenses, 200 percent of the inverse dail...

DB Crude Upside/Downside Indicators

  

DB Crude Market Premium Indicators

DB Crude Oil lagged returns against current returns

 Current and Lagged Values 
      Timeline 

DB Crude regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

DB Crude Oil Backtested Returns

Macroaxis considers DB Crude to be not too risky. DB Crude Oil retains Efficiency (Sharpe Ratio) of -0.0951 which denotes DB Crude Oil had -0.0951% of return per unit of price deviation over the last 1 month. Macroaxis way in which we are predicting 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. DB Crude exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DB Crude Oil Double Short ETN Standard Deviation of 2.52 and Market Risk Adjusted Performance of (0.025621) to check risk estimate we provide. The entity owns Beta (Systematic Risk) of 3.4004 which denotes to the fact that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, DB Crude will likely underperform.. Even though it is essential to pay attention to DB Crude Oil existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis way in which we are predicting 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. DB Crude exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.29 

Poor predictability

DB Crude Oil Double Short ETN has poor predictability. Overlapping area represents the amount of predictability between DB Crude time series from September 19, 2017 to October 4, 2017 and October 4, 2017 to October 19, 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 DB Crude Oil price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current DB Crude price fluctuation can be explain by its past prices.
Correlation Coefficient 0.29
Spearman Rank Test 0.41
Price Variance 12.21
Lagged Price Variance 14.73

DB Crude Lagged Returns

 Regressed Prices 
      Timeline 

DB Crude Performance vs DOW

The median price of DB Crude for the period between Tue, Sep 19, 2017 and Thu, Oct 19, 2017 is 122.02 with a coefficient of variation of 2.91. The daily time series for the period is distributed with a sample standard deviation of 3.54, arithmetic mean of 121.84, and mean deviation of 2.97. The Etf received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
DB Crude Oil Double Short ETN Declines 0.17 percent for Oct ...10/17/2017