Credit Suisse Backtesting

Credit Suisse X Links WTI Crude Oil Index ETN -- USA Etf  

USD 37.99  0.83  2.23%

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

Credit Suisse 'What if' Analysis

February 18, 2018
No Change 0.00  0.0%
In 31 days
March 20, 2018
If you would invest  0.00  in Credit Suisse on February 18, 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, iPath SP, PowerShares DB, United States, ProShares UltraShort, and VelocityShares 3x. Credit Suisse X Links WTI Crude Oil Index ETN is USA based ETF administrated by null

Credit Suisse Upside/Downside Indicators


Credit Suisse Market Premium Indicators

Credit Suisse X lagged returns against current returns

 Current and Lagged Values 

Credit Suisse regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Credit Suisse X Backtested Returns

We consider Credit Suisse not too risky. Credit Suisse X secures Sharpe Ratio (or Efficiency) of 0.0293 which signifies that Credit Suisse X had 0.0293% 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-six 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 0.844 and Risk Adjusted Performance of 0.1852 to double-check if risk estimate we provide are consistent with the epected return of 0.031%. The organization shows Beta (market volatility) of -0.0916 which signifies that as returns on market increase, returns on owning Credit Suisse are expected to decrease at a much smaller rate. During bear market, Credit Suisse is likely to outperform the market.. 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 0.031% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.24) 

Weak reverse predictability

Credit Suisse X Links WTI Crude Oil Index ETN has weak reverse predictability. Overlapping area represents the amount of predictability between Credit Suisse time series from February 18, 2018 to March 5, 2018 and March 5, 2018 to March 20, 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 -0.24 indicates that over 24.0% 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 -0.24
Spearman Rank Test -0.39
Price Variance 0.05
Lagged Price Variance 0.07

Credit Suisse Lagged Returns

 Regressed Prices 

Credit Suisse Performance vs DOW

The median price of Credit Suisse for the period between Sun, Feb 18, 2018 and Tue, Mar 20, 2018 is 36.47 with a coefficient of variation of 1.0. The daily time series for the period is distributed with a sample standard deviation of 0.37, arithmetic mean of 36.54, and mean deviation of 0.28. The Etf did not receive any noticable media coverage during the period.
 Price Growth (%)