NASDAQ N Backtesting

NQNALMGBPT -- USA Index  

 2,305  25.82  1.11%

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

NASDAQ N 'What if' Analysis

June 22, 2019
0.00
No Change 0.00  0.0%
In 3 months and 1 day
September 20, 2019
0.00
If you would invest  0.00  in NASDAQ N on June 22, 2019 and sell it all today you would earn a total of 0.00 from holding NASDAQ N America Large Mid Cap or generate 0.0% return on investment in NASDAQ N over 90 days.

NASDAQ N Upside/Downside Indicators

Information Ratio(0.15)
Maximum Drawdown3.03
Value At Risk(2.22)
Potential Upside1.24

NASDAQ N Market Premium Indicators

Risk Adjusted Performance(0.11)
Total Risk Alpha(0.15)

NASDAQ N America Backtested Returns

NASDAQ N America has Sharpe Ratio of -0.122 which conveys that the index had -0.122% 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 N 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 N are completely uncorrelated. Even though it is essential to pay attention to NASDAQ N America 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 N 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 N America Large Mid Cap has no correlation between past and present. Overlapping area represents the amount of predictability between NASDAQ N time series from June 22, 2019 to August 6, 2019 and August 6, 2019 to September 20, 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 N America price movement. The serial correlation of 0.0 indicates that just 0.0% of current NASDAQ N price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

NASDAQ N America lagged returns against current returns

 Current and Lagged Values 
      Timeline 

NASDAQ N regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

NASDAQ N Lagged Returns

 Regressed Prices 
      Timeline 

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See also NASDAQ N Hype Analysis, NASDAQ N Correlation, Portfolio Optimization, NASDAQ N Volatility as well as analyze NASDAQ N Alpha and Beta and NASDAQ N Performance. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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