NASDAQ Italy (Italy) Backtesting

NQIT -- Italy Index  

 1,076  38.46  3.45%

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

NASDAQ Italy 'What if' Analysis

June 20, 2019
0.00
No Change 0.00  0.0%
In 3 months and 1 day
September 18, 2019
0.00
If you would invest  0.00  in NASDAQ Italy on June 20, 2019 and sell it all today you would earn a total of 0.00 from holding NASDAQ Italy or generate 0.0% return on investment in NASDAQ Italy over 90 days.

NASDAQ Italy Upside/Downside Indicators

Information Ratio(0.16)
Maximum Drawdown1.39
Value At Risk(3.45)
Potential Upside1.39

NASDAQ Italy Market Premium Indicators

Risk Adjusted Performance(0.11)
Total Risk Alpha(0.23)

NASDAQ Italy Backtested Returns

NASDAQ Italy has Sharpe Ratio of -0.1363 which conveys that the index had -0.1363% of return per unit of standard deviation over the last 3 months. Macroaxis approach into estimating risk of any index is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. NASDAQ Italy exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ Italy are completely uncorrelated. Even though it is essential to pay attention to NASDAQ Italy price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis approach into estimating future performance of any index is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. NASDAQ Italy exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 
correlation synergy

No correlation between past and present

NASDAQ Italy has no correlation between past and present. Overlapping area represents the amount of predictability between NASDAQ Italy time series from June 20, 2019 to August 4, 2019 and August 4, 2019 to September 18, 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 Italy price movement. The serial correlation of 0.0 indicates that just 0.0% of current NASDAQ Italy price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

NASDAQ Italy lagged returns against current returns

 Current and Lagged Values 
      Timeline 

NASDAQ Italy regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

NASDAQ Italy Lagged Returns

 Regressed Prices 
      Timeline 

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See also NASDAQ Italy Hype Analysis, NASDAQ Italy Correlation, Portfolio Optimization, NASDAQ Italy Volatility as well as analyze NASDAQ Italy Alpha and Beta and NASDAQ Italy Performance. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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