ClaymoreDelta Global Backtesting

SEA -- USA Etf  

USD 10.13  0.14  1.36%

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

ClaymoreDelta Global 'What if' Analysis

August 22, 2018
No Change 0.00  0.0%
In 30 days
September 21, 2018
If you would invest  0.00  in ClaymoreDelta Global on August 22, 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 30 days. ClaymoreDelta Global is related to or competes with iShares Select, UBS AG, WisdomTree, FlexShares Intl, WisdomTree, VanEck Vectors, and Fidelity Dividend. 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

Downside Deviation1.24
Information Ratio0.0188
Maximum Drawdown4.05
Value At Risk1.28
Potential Upside1.6

ClaymoreDelta Global Market Premium Indicators

Risk Adjusted Performance0.0527
Jensen Alpha0.01419
Total Risk Alpha0.13
Sortino Ratio0.0157
Treynor Ratio0.0819

ClaymoreDelta Global Backtested Returns

We consider ClaymoreDelta Global not very risky. ClaymoreDelta Global secures Sharpe Ratio (or Efficiency) of 0.0513 which signifies that ClaymoreDelta Global had 0.0513% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of an etf is to use all available market data together with etf specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for ClaymoreDelta Global Shipping which you can use to evaluate future volatility of the entity. Please confirm ClaymoreDelta Global Mean Deviation of 0.7986 and Risk Adjusted Performance of 0.0527 to double-check if risk estimate we provide are consistent with the epected return of 0.0514%. The organization shows Beta (market volatility) of 1.3633 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, ClaymoreDelta Global will likely underperform.. Although it is extremely important to respect ClaymoreDelta Global 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 ClaymoreDelta Global technical indicators you can presently evaluate if the expected return of 0.0514% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.65) 

Very good reverse predictability

ClaymoreDelta Global Shipping has very good reverse predictability. Overlapping area represents the amount of predictability between ClaymoreDelta Global time series from August 22, 2018 to September 6, 2018 and September 6, 2018 to September 21, 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 -0.65 indicates that roughly 65.0% 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-0.65
Spearman Rank Test-0.26
Residual Average0.0
Price Variance0.03

ClaymoreDelta Global lagged returns against current returns

 Current and Lagged Values 

ClaymoreDelta Global regressed lagged prices vs. current prices

 Current vs Lagged Prices 

ClaymoreDelta Global Lagged Returns

 Regressed Prices 

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Volatility Analysis

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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 Commodity Channel Index module to use commodity channel index to analyze current equity momentum.