ClaymoreDelta Global Backtesting

ClaymoreDelta Global Shipping -- USA Etf  

USD 12.14  0.07  0.58%

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
 Time Horizon     30 Days    Login   to change

ClaymoreDelta Global 'What if' Analysis

December 17, 2017
No Change 0.00  0.0%
In 31 days
January 16, 2018
If you would invest  0.00  in ClaymoreDelta Global on December 17, 2017 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 VII, Source Markets, Source Markets, BlackRock Asset, Lyxor Asset, and HSBC ETFs. 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


ClaymoreDelta Global Market Premium Indicators

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 Backtested Returns

Macroaxis considers ClaymoreDelta Global not too volatile given 1 month investment horizon. ClaymoreDelta Global secures Sharpe Ratio (or Efficiency) of 0.2876 which signifies that ClaymoreDelta Global had 0.2876% 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 ClaymoreDelta Global Shipping which you can use to evaluate future volatility of the entity. Please makes use of ClaymoreDelta Global Mean Deviation of 0.6022 and Risk Adjusted Performance of 0.139 to double-check if our risk estimates are consistent with your expectations. The organization shows Beta (market volatility) of 0.82 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.. Although it is vital to follow to ClaymoreDelta Global historical returns, it is good to be conservative about what you can actually do with the information regarding 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 0.2619% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.65 

Good predictability

ClaymoreDelta Global Shipping has good predictability. Overlapping area represents the amount of predictability between ClaymoreDelta Global time series from December 17, 2017 to January 1, 2018 and January 1, 2018 to January 16, 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.
Correlation Coefficient 0.65
Spearman Rank Test 0.15
Price Variance 0.01
Lagged Price Variance 0.01

ClaymoreDelta Global Lagged Returns

 Regressed Prices 

ClaymoreDelta Global Performance vs DOW

The median price of ClaymoreDelta Global for the period between Sun, Dec 17, 2017 and Tue, Jan 16, 2018 is 11.64 with a coefficient of variation of 2.18. The daily time series for the period is distributed with a sample standard deviation of 0.25, arithmetic mean of 11.7, and mean deviation of 0.22. The Etf received some media coverage during the period.
December 26, 2017ClaymoreDelta Global Dividend Paid
Price Growth (%)  
The Guggenheim Shipping ETF Announces Quarterly Dividend of ...01/11/2018