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Nasdaq Victory Backtesting

NQV
NQVWLCC -- USA Index  

 1,418  31.51  2.27%

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. Check out 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.
Symbol
Backtest

Nasdaq Victory 'What if' Analysis

0.00
11/30/2019
No Change 0.00  0.0 
In 3 months and 1 day
02/28/2020
0.00
If you would invest  0.00  in Nasdaq Victory on November 30, 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, Microsoft, Apple, Alphabet, Amazon Com, Berkshire Hathaway, and Facebook.

Nasdaq Victory Upside/Downside Indicators

Information Ratio(0.0094)
Maximum Drawdown7.52
Value At Risk(3.24)
Potential Upside1.28

Nasdaq Victory Market Premium Indicators

Risk Adjusted Performance(0.11)
Total Risk Alpha0.0226

Nasdaq Victory US Backtested Returns

Nasdaq Victory US has Sharpe Ratio of -0.0743 which conveys that the entity had -0.0743% of return per unit of risk over the last 3 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. Nasdaq Victory exposes twenty-eight 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 Nasdaq Victory are completely uncorrelated. Even though it is essential to pay attention to Nasdaq Victory US 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. Nasdaq Victory exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation(0.24) 
correlation synergy

Weak reverse predictability

Nasdaq Victory US 500 Large Vol has weak reverse predictability. Overlapping area represents the amount of predictability between Nasdaq Victory time series from November 30, 2019 to January 14, 2020 and January 14, 2020 to February 28, 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 -0.24 indicates that over 24.0% of current Nasdaq Victory price fluctuation can be explain by its past prices. Given that Nasdaq Victory US 500 Large Vol has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Nasdaq Victory for similar time interval.
Correlation Coefficient-0.24
Spearman Rank Test-0.19
Residual Average0.0
Price Variance3651.42

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 

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Check out 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 ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.