Greece TR (Greece) Backtesting

NQGRT -- Greece Index  

EUR 573.79  1.76  0.31%

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

Greece TR '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 Greece TR on June 23, 2019 and sell it all today you would earn a total of 0.00 from holding Greece TR or generate 0.0% return on investment in Greece TR over 90 days.

Greece TR Upside/Downside Indicators

Information Ratio0.3175
Maximum Drawdown2.09
Value At Risk(1.09)
Potential Upside2.09

Greece TR Market Premium Indicators

Risk Adjusted Performance0.3148
Total Risk Alpha0.2704

Greece TR Backtested Returns

Greece TR holds Efficiency (Sharpe) Ratio of 0.3674 which attests that the entity had 0.3674% of return per unit of risk over the last 3 months. Our philosophy towards determining 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 Greece TR which you can use to evaluate future volatility of the entity. The index retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Greece TR are completely uncorrelated. Although it is vital to follow to Greece TR current price history, it is good to be conservative about what you can actually do with the information regarding equity current price movements. The philosophy towards determining 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 evaluating Greece TR technical indicators you can presently evaluate if the expected return of 0.3249% 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

Greece TR has no correlation between past and present. Overlapping area represents the amount of predictability between Greece TR 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 Greece TR price movement. The serial correlation of 0.0 indicates that just 0.0% of current Greece TR price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

Greece TR lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Greece TR regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Greece TR Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - NQGRT

Greece TR Investor Sentiment

Most of Macroaxis investors are at this time bullish on Greece TR. What is your judgment towards investing in Greece companies? Are you bullish or bearish on Greece TR?
Bullish
Bearish
98% Bullish
2% Bearish
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See also Greece TR Hype Analysis, Greece TR Correlation, Portfolio Optimization, Greece TR Volatility as well as analyze Greece TR Alpha and Beta and Greece TR Performance. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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