United States Backtesting

United States 12 Month Natural Gas -- USA Etf  

USD 8.89  0.16  1.83%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of United States 12 Month 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
Investment Horizon     30 Days    Login   to change

United States 'What if' Analysis

November 16, 2017
No Change 0.00  0.0%
In 30 days
December 16, 2017
If you would invest  0.00  in United States on November 16, 2017 and sell it all today you would earn a total of 0.00 from holding United States 12 Month 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, iPath SP, United States, PowerShares DB, PowerShares DB, and United States. 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


United States Market Premium Indicators

United States 12 lagged returns against current returns

 Current and Lagged Values 

United States regressed lagged prices vs. current prices

 Current vs Lagged Prices 

United States 12 Backtested Returns

Macroaxis considers United States to be not very volatile. United States 12 owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.3664 which indicates United States 12 had -0.3664% 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 12 Month 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 (279.91) and Risk Adjusted Performance of (0.16) to confirm risk estimate we provide. The entity has beta of -0.4593 which indicates as returns on market increase, returns on owning United States are expected to decrease at a much smaller rate. During bear market, United States is likely to outperform the market.. Even though it is essential to pay attention to United States 12 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 12 Month 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 0.43 

Average predictability

United States 12 Month Natural Gas has average predictability. Overlapping area represents the amount of predictability between United States time series from November 16, 2017 to December 1, 2017 and December 1, 2017 to December 16, 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 United States 12 price movement. The serial correlation of 0.43 indicates that just about 43.0% of current United States price fluctuation can be explain by its past prices.
Correlation Coefficient 0.43
Spearman Rank Test 0.61
Price Variance 0.09
Lagged Price Variance 0.02

United States Lagged Returns

 Regressed Prices 

United States Performance vs DOW

The median price of United States for the period between Thu, Nov 16, 2017 and Sat, Dec 16, 2017 is 9.69 with a coefficient of variation of 4.34. The daily time series for the period is distributed with a sample standard deviation of 0.41, arithmetic mean of 9.51, and mean deviation of 0.35. The Etf received some media coverage during the period.
Price Growth (%)  
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