Nasdaq Victory Backtesting

NQV
NQVWLC -- USA Index  

 5,225  51.56  1.00%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Nasdaq Victory US 500 Large Vol and determine expected loss or profit from investing in Nasdaq Victory over given investment horizon. See also Nasdaq Victory Hype Analysis, Nasdaq Victory Correlation, Portfolio Optimization, Nasdaq Victory Volatility as well as analyze Nasdaq Victory Alpha and Beta and Nasdaq Victory Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Nasdaq Victory 'What if' Analysis

October 28, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
January 26, 2020
0.00
If you would invest  0.00  in Nasdaq Victory on October 28, 2019 and sell it all today you would earn a total of 0.00 from holding Nasdaq Victory US 500 Large Vol or generate 0.0% return on investment in Nasdaq Victory over 90 days. Nasdaq Victory is related to or competes with SK Innovation, Apple, Microsoft, Alphabet, Amazon Com, VEDANTA, and Berkshire Hathaway. Nasdaq Victory is entity of United States

Nasdaq Victory Upside/Downside Indicators

Downside Deviation0.7993
Information Ratio(0.08)
Maximum Drawdown2.5
Value At Risk(0.97)
Potential Upside0.8576

Nasdaq Victory Market Premium Indicators

Risk Adjusted Performance0.0563
Total Risk Alpha(0.06)
Sortino Ratio(0.06)

Nasdaq Victory US Backtested Returns

Nasdaq Victory US has Sharpe Ratio of 0.1746 which conveys that the entity had 0.1746% of return per unit of risk over the last 3 months. Our philosophy towards 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 Victory which you can use to evaluate future volatility of the organization. The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Nasdaq Victory are completely uncorrelated. Although it is extremely important to respect Nasdaq Victory US price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards 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 analyzing Nasdaq Victory US technical indicators you can presently evaluate if the expected return of 0.0936% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.64 
correlation synergy

Good predictability

Nasdaq Victory US 500 Large Vol has good predictability. Overlapping area represents the amount of predictability between Nasdaq Victory time series from October 28, 2019 to December 12, 2019 and December 12, 2019 to January 26, 2020. 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 Victory US price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Nasdaq Victory price fluctuation can be explain by its past prices.
Correlation Coefficient0.64
Spearman Rank Test0.56
Residual Average0.0
Price Variance3582.48

Nasdaq Victory US lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

Nasdaq Victory regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
  Timeline 

Nasdaq Victory Lagged Returns

 Regressed Prices 
    
  Timeline 

Current Sentiment - NQVWLC

Nasdaq Victory US Investor Sentiment

Macroaxis traders are unemotional in their take regarding direction of Nasdaq Victory US 500 Large Vol Index. What is your trading attitude regarding investing in USA companies? Are you bullish or bearish on Nasdaq Victory US 500 Large Vol?
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See also Nasdaq Victory Hype Analysis, Nasdaq Victory Correlation, Portfolio Optimization, Nasdaq Victory Volatility as well as analyze Nasdaq Victory Alpha and Beta and Nasdaq Victory Performance. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.