31697536 (Ireland) Backtesting

31697536 -- Ireland Fund  

SEK 103.54  0.74  0.72%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of 31697536 and determine expected loss or profit from investing in 31697536 over given investment horizon. Check also 31697536 Hype Analysis, 31697536 Correlation, Portfolio Optimization, 31697536 Volatility as well as analyze 31697536 Alpha and Beta and 31697536 Performance.
 Time Horizon     30 Days    Login   to change

31697536 'What if' Analysis

June 21, 2018
No Change 0.00  0.0%
In 30 days
July 21, 2018
If you would invest  0.00  in 31697536 on June 21, 2018 and sell it all today you would earn a total of 0.00 from holding 31697536 or generate 0.0% return on investment in 31697536 over 30 days.

31697536 Upside/Downside Indicators


31697536 Market Premium Indicators

31697536 Backtested Returns

We consider 31697536 not too risky. 31697536 retains Efficiency (Sharpe Ratio) of 0.0021 which signifies that 31697536 had 0.0021% of return per unit of price deviation over the last 1 month. Our way in which we are 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 31697536 which you can use to evaluate future volatility of the entity. Please confirm 31697536 to double-check if risk estimate we provide are consistent with the epected return of 0.001%. The entity owns Beta (Systematic Risk) of 0.0 which signifies that the returns on MARKET and 31697536 are completely uncorrelated. Although it is extremely important to respect 31697536 existing price patterns, it is better to be realistic regarding the information on equity price patterns. The way in which we are 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 evaluating 31697536 technical indicators you can at this moment evaluate if the expected return of 0.001% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 1.00 

Perfect predictability

31697536 has perfect predictability. Overlapping area represents the amount of predictability between 31697536 time series from June 21, 2018 to July 6, 2018 and July 6, 2018 to July 21, 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 31697536 price movement. The serial correlation of 1.0 indicates that 100.0% of current 31697536 price fluctuation can be explain by its past prices.
Correlation Coefficient 1.0
Spearman Rank Test 1.0
Price Variance 0.1
Lagged Price Variance 0.1

31697536 lagged returns against current returns

 Current and Lagged Values 

31697536 regressed lagged prices vs. current prices

 Current vs Lagged Prices 

31697536 Lagged Returns

 Regressed Prices 

Current Sentiment - 31697536

31697536 Investor Sentiment
Macroaxis portfolio users are unresponsive in their sentiment towards investing in 31697536. What is your sentiment towards investing in 31697536? Are you bullish or bearish?
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50% Bearish

Thematic Opportunities

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Check also 31697536 Hype Analysis, 31697536 Correlation, Portfolio Optimization, 31697536 Volatility as well as analyze 31697536 Alpha and Beta and 31697536 Performance. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.