ALPHANATICS CHFUR (Ireland) Backtesting

2338346 -- Ireland Fund  

CHF 132.24  1.44  1.10%

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

ALPHANATICS CHFUR 'What if' Analysis

June 23, 2018
No Change 0.00  0.0%
In 31 days
July 23, 2018
If you would invest  0.00  in ALPHANATICS CHFUR on June 23, 2018 and sell it all today you would earn a total of 0.00 from holding ALPHANATICS CHFUR or generate 0.0% return on investment in ALPHANATICS CHFUR over 30 days.

ALPHANATICS CHFUR Upside/Downside Indicators


ALPHANATICS CHFUR Market Premium Indicators

ALPHANATICS CHFUR Backtested Returns

We consider ALPHANATICS CHFUR not too risky. ALPHANATICS CHFUR secures Sharpe Ratio (or Efficiency) of 0.0033 which signifies that ALPHANATICS CHFUR had 0.0033% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for ALPHANATICS CHFUR which you can use to evaluate future volatility of the entity. Please confirm ALPHANATICS CHFUR to double-check if risk estimate we provide are consistent with the epected return of 0.0024%. The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and ALPHANATICS CHFUR are completely uncorrelated. Although it is extremely important to respect ALPHANATICS CHFUR historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing ALPHANATICS CHFUR technical indicators you can today evaluate if the expected return of 0.0024% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.33) 

Poor reverse predictability

ALPHANATICS CHFUR has poor reverse predictability. Overlapping area represents the amount of predictability between ALPHANATICS CHFUR time series from June 23, 2018 to July 8, 2018 and July 8, 2018 to July 23, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ALPHANATICS CHFUR price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current ALPHANATICS CHFUR price fluctuation can be explain by its past prices. Given that ALPHANATICS CHFUR has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of ALPHANATICS CHFUR for similar time interval.
Correlation Coefficient -0.33
Spearman Rank Test 0.8
Price Variance 0.39
Lagged Price Variance 0.39

ALPHANATICS CHFUR lagged returns against current returns

 Current and Lagged Values 

ALPHANATICS CHFUR regressed lagged prices vs. current prices

 Current vs Lagged Prices 


 Regressed Prices 

Current Sentiment - 2338346

ALPHANATICS CHFUR Investor Sentiment
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50% Bearish

Thematic Opportunities

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Check also ALPHANATICS CHFUR Hype Analysis, ALPHANATICS CHFUR Correlation, Portfolio Optimization, ALPHANATICS CHFUR Volatility as well as analyze ALPHANATICS CHFUR Alpha and Beta and ALPHANATICS CHFUR Performance. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.