DB Crude Oil Backtested Returns
Our way in which we are predicting 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 DB Crude which you can use to evaluate future volatility of the entity. Please confirm DB Crude Oil Short ETN to check if risk estimate we provide are consistent with the epected return of 0.0%. The entity owns Beta (Systematic Risk) of 0.0 which denotes to the fact that the returns on MARKET and DB Crude are completely uncorrelated. Although it is extremely important to respect DB Crude Oil
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The way in which we are predicting 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 examining DB Crude Oil technical indicators
you can at this moment evaluate if the expected return of 0.0% will be sustainable into the future.
|15 days auto-correlation|| 1 |
DB Crude Oil Short ETN has perfect predictability. Overlapping area represents the amount of predictability between DB Crude time series from September 22, 2017 to October 7, 2017 and October 7, 2017 to October 22, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DB Crude Oil price movement. The serial correlation of 1.0 indicates that 100.0% of current DB Crude price fluctuation can be explain by its past prices.
|Correlation Coefficient|| 1.0|
|Spearman Rank Test|| 1.0|
|Average Price|| 91.17|
|Lagged Average Price|| 91.17|
DB Crude Lagged Returns