NASDAQ US Backtesting

NQDVRIST -- USA Index  

 1,978  0.01  0.0005%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of NASDAQ US Rising Dividend Achie and determine expected loss or profit from investing in NASDAQ US over given investment horizon. See also NASDAQ US Hype Analysis, NASDAQ US Correlation, Portfolio Optimization, NASDAQ US Volatility as well as analyze NASDAQ US Alpha and Beta and NASDAQ US Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

NASDAQ US 'What if' Analysis

June 24, 2019
0.00
No Change 0.00  0.0%
In 3 months and 1 day
September 22, 2019
0.00
If you would invest  0.00  in NASDAQ US on June 24, 2019 and sell it all today you would earn a total of 0.00 from holding NASDAQ US Rising Dividend Achie or generate 0.0% return on investment in NASDAQ US over 90 days.

NASDAQ US Upside/Downside Indicators

Information Ratio(0.01306)
Maximum Drawdown2.73
Value At Risk(1.79)
Potential Upside0.9456

NASDAQ US Market Premium Indicators

Risk Adjusted Performance0.0198
Total Risk Alpha(0.007414)

NASDAQ US Rising Backtested Returns

NASDAQ US Rising has Sharpe Ratio of 0.023 which conveys that the index had 0.023% of return per unit of standard deviation over the last 3 months. Our approach into estimating volatility of an index is to use all available market data together with index specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for NASDAQ US which you can use to evaluate future volatility of the entity. The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ US are completely uncorrelated. Although it is extremely important to respect NASDAQ US Rising price patterns, it is better to be realistic regarding the information on equity historical price patterns. The approach into estimating future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting NASDAQ US Rising technical indicators you can now evaluate if the expected return of 0.0169% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 
correlation synergy

No correlation between past and present

NASDAQ US Rising Dividend Achie has no correlation between past and present. Overlapping area represents the amount of predictability between NASDAQ US time series from June 24, 2019 to August 8, 2019 and August 8, 2019 to September 22, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NASDAQ US Rising price movement. The serial correlation of 0.0 indicates that just 0.0% of current NASDAQ US price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

NASDAQ US Rising lagged returns against current returns

 Current and Lagged Values 
      Timeline 

NASDAQ US regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

NASDAQ US Lagged Returns

 Regressed Prices 
      Timeline 

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See also NASDAQ US Hype Analysis, NASDAQ US Correlation, Portfolio Optimization, NASDAQ US Volatility as well as analyze NASDAQ US Alpha and Beta and NASDAQ US Performance. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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