NASDAQ Global Backtesting

NQG8500LMAUD -- USA Index  

 1,757  0.11  0.0063%

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

NASDAQ Global 'What if' Analysis

June 23, 2019
0.00
No Change 0.00  0.0%
In 3 months and 1 day
September 21, 2019
0.00
If you would invest  0.00  in NASDAQ Global on June 23, 2019 and sell it all today you would earn a total of 0.00 from holding NASDAQ Global Ins Large Mid Cap or generate 0.0% return on investment in NASDAQ Global over 90 days.

NASDAQ Global Upside/Downside Indicators

Information Ratio0.637
Maximum Drawdown0.915
Value At Risk(0.06)
Potential Upside0.8555

NASDAQ Global Market Premium Indicators

Risk Adjusted Performance0.6321
Total Risk Alpha0.2231

NASDAQ Global Ins Backtested Returns

NASDAQ Global Ins has Sharpe Ratio of 0.7227 which conveys that the index had 0.7227% 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-one technical indicators for NASDAQ Global 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 Global are completely uncorrelated. Although it is extremely important to respect NASDAQ Global Ins 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 Global Ins technical indicators you can now evaluate if the expected return of 0.2399% 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 Global Ins Large Mid Cap has no correlation between past and present. Overlapping area represents the amount of predictability between NASDAQ Global time series from June 23, 2019 to August 7, 2019 and August 7, 2019 to September 21, 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 Global Ins price movement. The serial correlation of 0.0 indicates that just 0.0% of current NASDAQ Global price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

NASDAQ Global Ins lagged returns against current returns

 Current and Lagged Values 
      Timeline 

NASDAQ Global regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

NASDAQ Global Lagged Returns

 Regressed Prices 
      Timeline 

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See also NASDAQ Global Hype Analysis, NASDAQ Global Correlation, Portfolio Optimization, NASDAQ Global Volatility as well as analyze NASDAQ Global Alpha and Beta and NASDAQ Global Performance. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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