NASDAQ Global Backtesting

NQGXGBLM -- USA Index  

 1,345  6.35  0.47%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of NASDAQ Global Ex UK Large Mid C 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

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

NASDAQ Global Upside/Downside Indicators

Information Ratio0.0123
Maximum Drawdown2.99
Value At Risk(1.75)
Potential Upside1.19

NASDAQ Global Market Premium Indicators

Risk Adjusted Performance(0.018963)
Total Risk Alpha0.0013

NASDAQ Global Ex Backtested Returns

NASDAQ Global Ex has Sharpe Ratio of 0.0052 which conveys that the index had 0.0052% 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-eight 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 Ex 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 Ex technical indicators you can now evaluate if the expected return of 0.0038% 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 Ex UK Large Mid C has no correlation between past and present. Overlapping area represents the amount of predictability between NASDAQ Global time series from July 23, 2019 to September 6, 2019 and September 6, 2019 to October 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 Ex 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 Ex 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 

Current Sentiment - NQGXGBLM

NASDAQ Global Ex Investor Sentiment

Macroaxis traders are unemotional in their take regarding direction of NASDAQ Global Ex UK Large Mid C Index. What is your trading attitude regarding investing in USA companies? Are you bullish or bearish on NASDAQ Global Ex UK Large Mid C?
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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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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