United States Backtesting

UNG -- USA Etf  

USD 22.38  0.06  0.27%

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

United States 'What if' Analysis

June 21, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 21, 2018
0.00
If you would invest  0.00  in United States on June 21, 2018 and sell it all today you would earn a total of 0.00 from holding United States Natural Gas or generate 0.0% return on investment in United States over 30 days. United States is related to or competes with United States, PowerShares DB, VelocityShares 3x, PowerShares DB, ProShares UltraShort, and VelocityShares 3x. The investment seeks to reflect the daily changes in percentage terms of the price of natural gas delivered at the Henry...

United States Upside/Downside Indicators

Information Ratio0.39
Maximum Drawdown3.6
Value At Risk1.98
Potential Upside1.42
  

United States Market Premium Indicators

Risk Adjusted Performance0.14
Jensen Alpha0.35
Total Risk Alpha0.54
Treynor Ratio1.26

United States Natural Backtested Returns

Macroaxis considers United States to be not too volatile. United States Natural owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.3178 which indicates United States Natural had -0.3178% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring 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. United States Natural Gas exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate United States Coefficient Of Variation of 337.90 and Risk Adjusted Performance of 0.14 to confirm risk estimate we provide. The entity has beta of 0.2598 which indicates as returns on market increase, United States returns are expected to increase less than the market. However during bear market, the loss on holding United States will be expected to be smaller as well.. Even though it is essential to pay attention to United States Natural current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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. United States Natural Gas exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.66 

Good predictability

United States Natural Gas has good predictability. Overlapping area represents the amount of predictability between United States time series from June 21, 2018 to July 6, 2018 and July 6, 2018 to July 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 United States Natural price movement. The serial correlation of 0.66 indicates that around 66.0% of current United States price fluctuation can be explain by its past prices.
Correlation Coefficient 0.66
Spearman Rank Test 0.51
Price Variance 0.1
Lagged Price Variance 0.15

United States Natural lagged returns against current returns

 Current and Lagged Values 
      Timeline 

United States regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

United States Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - UNG

United States Natural Investor Sentiment
Predominant part of Macroaxis users are at this time bullish on United States Natural Gas. What is your outlook on investing in United States Natural Gas? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Also please take a look at United States Hype Analysis, United States Correlation, Portfolio Optimization, United States Volatility as well as analyze United States Alpha and Beta and United States Performance. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.
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