Credit Suisse Backtesting

OIIL -- USA Etf  

USD 41.42  0.22  0.53%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Credit Suisse X Links WTI Crude Oil Index ETN and determine expected loss or profit from investing in Credit Suisse over given investment horizon. Additionally take a look at Credit Suisse Hype Analysis, Credit Suisse Correlation, Portfolio Optimization, Credit Suisse Volatility as well as analyze Credit Suisse Alpha and Beta and Credit Suisse Performance.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

Credit Suisse 'What if' Analysis

June 23, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 23, 2018
0.00
If you would invest  0.00  in Credit Suisse on June 23, 2018 and sell it all today you would earn a total of 0.00 from holding Credit Suisse X Links WTI Crude Oil Index ETN or generate 0.0% return on investment in Credit Suisse over 30 days. Credit Suisse is related to or competes with United States, United States, PowerShares DB, VelocityShares 3x, PowerShares DB, ProShares UltraShort, and VelocityShares 3x.

Credit Suisse Upside/Downside Indicators

Information Ratio0.0917
Maximum Drawdown9.26
Value At Risk3.67
Potential Upside3.53
  

Credit Suisse Market Premium Indicators

Risk Adjusted Performance0.0786
Jensen Alpha0.2921
Total Risk Alpha0.19
Treynor Ratio5.42

Credit Suisse X Backtested Returns

We consider Credit Suisse not too volatile. Credit Suisse X secures Sharpe Ratio (or Efficiency) of 0.0531 which signifies that Credit Suisse X had 0.0531% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing 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 Credit Suisse X Links WTI Crude Oil Index ETN which you can use to evaluate future volatility of the entity. Please confirm Credit Suisse X Mean Deviation of 1.34 and Risk Adjusted Performance of 0.0786 to double-check if risk estimate we provide are consistent with the epected return of 0.0978%. The organization shows Beta (market volatility) of 0.055 which signifies that as returns on market increase, Credit Suisse returns are expected to increase less than the market. However during bear market, the loss on holding Credit Suisse will be expected to be smaller as well.. Although it is extremely important to respect Credit Suisse X historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing 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 analyzing Credit Suisse X technical indicators you can presently evaluate if the expected return of 0.0978% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.70) 

Very good reverse predictability

Credit Suisse X Links WTI Crude Oil Index ETN has very good reverse predictability. Overlapping area represents the amount of predictability between Credit Suisse time series from June 23, 2018 to July 8, 2018 and July 8, 2018 to July 23, 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 Credit Suisse X price movement. The serial correlation of -0.7 indicates that around 70.0% of current Credit Suisse price fluctuation can be explain by its past prices. Given that Credit Suisse X Links WTI Crude Oil Index ETN has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Credit Suisse for similar time interval.
Correlation Coefficient -0.7
Spearman Rank Test -0.14
Price Variance 1.17
Lagged Price Variance 0.92

Credit Suisse X lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Credit Suisse regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Credit Suisse Lagged Returns

 Regressed Prices 
      Timeline 

Did you try this?

Run Pair Correlation Now
   

Pair Correlation

Compare performance and examine historical correlation between any two equity instruments
All  Next Launch Pair Correlation

Build Optimal Portfolios

Align your risk with return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally take a look at Credit Suisse Hype Analysis, Credit Suisse Correlation, Portfolio Optimization, Credit Suisse Volatility as well as analyze Credit Suisse Alpha and Beta and Credit Suisse Performance. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.
vendors/bower_components/jquery.easy-pie-chart/dist/jquery.easypiechart.min.js">