ClaymoreDelta Global Backtesting

SEA -- USA Etf  

USD 9.02  0.08  0.88%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of ClaymoreDelta Global Shipping and determine expected loss or profit from investing in ClaymoreDelta Global over given investment horizon. Also please take a look at ClaymoreDelta Global Hype Analysis, ClaymoreDelta Global Correlation, Portfolio Optimization, ClaymoreDelta Global Volatility as well as analyze ClaymoreDelta Global Alpha and Beta and ClaymoreDelta Global Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

ClaymoreDelta Global 'What if' Analysis

October 12, 2018
0.00
No Change 0.00  0.0%
In 2 months and 1 day
December 11, 2018
0.00
If you would invest  0.00  in ClaymoreDelta Global on October 12, 2018 and sell it all today you would earn a total of 0.00 from holding ClaymoreDelta Global Shipping or generate 0.0% return on investment in ClaymoreDelta Global over 60 days. ClaymoreDelta Global is related to or competes with PowerShares Dynamic, First Trust, Disney, Pfizer, Intel, Walmart, and General Electric. The investment seeks to track the price and yield performance, before fees and expenses, of the Delta Global Shipping in...

ClaymoreDelta Global Upside/Downside Indicators

Information Ratio(0.01699)
Maximum Drawdown8.59
Value At Risk(3.57)
Potential Upside2.96
  

ClaymoreDelta Global Market Premium Indicators

Risk Adjusted Performance(0.13)
Jensen Alpha(0.15)
Total Risk Alpha0.0383
Treynor Ratio(0.70)

ClaymoreDelta Global Backtested Returns

Macroaxis considers ClaymoreDelta Global to be not very volatile. ClaymoreDelta Global secures Sharpe Ratio (or Efficiency) of -0.0836 which signifies that ClaymoreDelta Global had -0.0836% of return per unit of standard deviation over the last 2 months. Macroaxis philosophy in foreseeing 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. ClaymoreDelta Global Shipping exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ClaymoreDelta Global Mean Deviation of 1.5 and Risk Adjusted Performance of (0.13) to double-check risk estimate we provide. The organization shows Beta (market volatility) of 0.2853 which signifies that as returns on market increase, ClaymoreDelta Global returns are expected to increase less than the market. However during bear market, the loss on holding ClaymoreDelta Global will be expected to be smaller as well.. Even though it is essential to pay attention to ClaymoreDelta Global historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing 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. ClaymoreDelta Global Shipping exposes twenty-eight different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.12) 
correlation synergy

Insignificant reverse predictability

ClaymoreDelta Global Shipping has insignificant reverse predictability. Overlapping area represents the amount of predictability between ClaymoreDelta Global time series from October 12, 2018 to November 11, 2018 and November 11, 2018 to December 11, 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 ClaymoreDelta Global price movement. The serial correlation of -0.12 indicates that less than 12.0% of current ClaymoreDelta Global price fluctuation can be explain by its past prices. Given that ClaymoreDelta Global Shipping has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of ClaymoreDelta Global for similar time interval.
Correlation Coefficient-0.12
Spearman Rank Test-0.16
Residual Average0.0
Price Variance0.05

ClaymoreDelta Global lagged returns against current returns

 Current and Lagged Values 
      Timeline 

ClaymoreDelta Global regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

ClaymoreDelta Global Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - SEA

ClaymoreDelta Global Investor Sentiment

Greater number of Macroaxis users are at this time bullish on ClaymoreDelta Global Shipping. What is your opinion about investing in ClaymoreDelta Global Shipping? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Also please take a look at ClaymoreDelta Global Hype Analysis, ClaymoreDelta Global Correlation, Portfolio Optimization, ClaymoreDelta Global Volatility as well as analyze ClaymoreDelta Global Alpha and Beta and ClaymoreDelta Global Performance. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.
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