NQTH (Thailand) Backtesting

NQTH -- Thailand Index  

 1,149  13.85  1.22%

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

NQTH 'What if' Analysis

June 24, 2019
0.00
No Change 0.00  0.0%
In 2 months and 2 days
August 23, 2019
0.00
If you would invest  0.00  in NQTH on June 24, 2019 and sell it all today you would earn a total of 0.00 from holding NQTH or generate 0.0% return on investment in NQTH over 60 days.

NQTH Upside/Downside Indicators

Information Ratio(0.05)
Maximum Drawdown3.53
Value At Risk(1.27)
Potential Upside1.08

NQTH Market Premium Indicators

Risk Adjusted Performance(0.16)
Total Risk Alpha(0.06)

NQTH Backtested Returns

NQTH has Sharpe Ratio of -0.1565 which conveys that the entity had -0.1565% of return per unit of standard deviation over the last 2 months. Macroaxis philosophy towards 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. NQTH exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NQTH are completely uncorrelated. Even though it is essential to pay attention to NQTH price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards 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. NQTH exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.53 
correlation synergy

Modest predictability

NQTH has modest predictability. Overlapping area represents the amount of predictability between NQTH time series from June 24, 2019 to July 24, 2019 and July 24, 2019 to August 23, 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 NQTH price movement. The serial correlation of 0.53 indicates that about 53.0% of current NQTH price fluctuation can be explain by its past prices.
Correlation Coefficient0.53
Spearman Rank Test0.43
Residual Average0.0
Price Variance919.93

NQTH lagged returns against current returns

 Current and Lagged Values 
      Timeline 

NQTH regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

NQTH Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - NQTH

NQTH Investor Sentiment

Macroaxis traders are unemotional in their take regarding direction of NQTH Index. What is your trading attitude regarding investing in Thailand companies? Are you bullish or bearish on NQTH?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Also Currentnly Active

Purchased over 70 shares of
1 hour ago
Traded for 36.96
Purchased over 40 shares of
1 hour ago
Traded for 62.36
Purchased over 70 shares of
1 hour ago
Traded for 36.96
See also NQTH Hype Analysis, NQTH Correlation, Portfolio Optimization, NQTH Volatility as well as analyze NQTH Alpha and Beta and NQTH Performance. Please also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.
Search macroaxis.com