PRIN GBL (Ireland) Backtesting

28284865 -- Ireland Fund  

JPY 1,265  2.66  0.21%

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

PRIN GBL 'What if' Analysis

July 19, 2018
0.00
No Change 0.00  0.0%
In 31 days
August 18, 2018
0.00
If you would invest  0.00  in PRIN GBL on July 19, 2018 and sell it all today you would earn a total of 0.00 from holding PRIN GBL PRO JPY I or generate 0.0% return on investment in PRIN GBL over 30 days.

PRIN GBL Upside/Downside Indicators

Information Ratio0.1561
Maximum Drawdown5.4
Value At Risk0.19
Potential Upside0.9011
  

PRIN GBL Market Premium Indicators

Risk Adjusted Performance0.1473
Jensen Alpha0.2161
Total Risk Alpha0.0731
Treynor Ratio0.5162

PRIN GBL PRO Backtested Returns

Macroaxis considers PRIN GBL to be not too risky. PRIN GBL PRO maintains Sharpe Ratio (i.e. Efficiency) of -0.6207 which implies PRIN GBL PRO had -0.6207% of return per unit of volatility over the last 1 month. Macroaxis approach towards forecasting risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. PRIN GBL PRO exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check PRIN GBL PRO Risk Adjusted Performance of 0.1473 to confirm risk estimate we provide. The fund holds Beta of 0.5191 which implies as returns on market increase, PRIN GBL returns are expected to increase less than the market. However during bear market, the loss on holding PRIN GBL will be expected to be smaller as well.. Even though it is essential to pay attention to PRIN GBL PRO current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis approach towards forecasting future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. PRIN GBL PRO 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 

No correlation between past and present

PRIN GBL PRO JPY I has no correlation between past and present. Overlapping area represents the amount of predictability between PRIN GBL time series from July 19, 2018 to August 3, 2018 and August 3, 2018 to August 18, 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 PRIN GBL PRO price movement. The serial correlation of 0.0 indicates that just 0.0% of current PRIN GBL price fluctuation can be explain by its past prices.
Average Price 1283.72
Lagged Average Price 1283.72

PRIN GBL PRO lagged returns against current returns

 Current and Lagged Values 
      Timeline 

PRIN GBL regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

PRIN GBL Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - 28284865

PRIN GBL PRO Investor Sentiment
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Check also PRIN GBL Hype Analysis, PRIN GBL Correlation, Portfolio Optimization, PRIN GBL Volatility as well as analyze PRIN GBL Alpha and Beta and PRIN GBL Performance. Please also try Financial Widgets module to easily integrated macroaxis content with over 30 different plug-and-play financial widgets.