DB Crude Backtesting

DB Crude Oil Double Short ETN -- USA Etf  

USD 96  3.48  3.5%

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

DB Crude 'What if' Analysis

November 14, 2017
No Change 0.00  0.0%
In 30 days
December 14, 2017
If you would invest  0.00  in DB Crude on November 14, 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 ProShares UltraShort. 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 

DB Crude regressed lagged prices vs. current prices

 Current vs Lagged Prices 

DB Crude Oil Backtested Returns

Macroaxis considers DB Crude to be not too risky. DB Crude Oil retains Efficiency (Sharpe Ratio) of -0.0796 which denotes DB Crude Oil had -0.0796% 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 2.55, Market Risk Adjusted Performance of 0.1021 and Downside Deviation of 2.63 to check risk estimate we provide. The entity owns Beta (Systematic Risk) of 0.4799 which denotes to the fact that as returns on market increase, DB Crude returns are expected to increase less than the market. However during bear market, the loss on holding DB Crude will be expected to be smaller as well.. 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(0.27) 

Weak reverse predictability

DB Crude Oil Double Short ETN has weak reverse predictability. Overlapping area represents the amount of predictability between DB Crude time series from November 14, 2017 to November 29, 2017 and November 29, 2017 to December 14, 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 -0.27 indicates that nearly 27.0% of current DB Crude price fluctuation can be explain by its past prices. Given that DB Crude Oil Double Short ETN has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of DB Crude for similar time interval.
Correlation Coefficient -0.27
Spearman Rank Test -0.36
Price Variance 3.16
Lagged Price Variance 16.49

DB Crude Lagged Returns

 Regressed Prices 

DB Crude Performance vs DOW

The median price of DB Crude for the period between Tue, Nov 14, 2017 and Thu, Dec 14, 2017 is 98.4 with a coefficient of variation of 3.3. The daily time series for the period is distributed with a sample standard deviation of 3.26, arithmetic mean of 98.54, and mean deviation of 2.54. The Etf did not receive any noticable media coverage during the period.
Price Growth (%)