Mediolanum (Ireland) Backtesting

F000000GLD -- Ireland Fund  

EUR 13.67  0.05  0.36%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Mediolanum Ch Provident 3 and determine expected loss or profit from investing in Mediolanum over given investment horizon. Additionally see Mediolanum Hype Analysis, Mediolanum Correlation, Portfolio Optimization, Mediolanum Volatility as well as analyze Mediolanum Alpha and Beta and Mediolanum Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Mediolanum 'What if' Analysis

August 25, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 24, 2018
0.00
If you would invest  0.00  in Mediolanum on August 25, 2018 and sell it all today you would earn a total of 0.00 from holding Mediolanum Ch Provident 3 or generate 0.0% return on investment in Mediolanum over 30 days. The Fund 3 seeks to achieve long-term capital appreciation by primarily investing in or taking exposures to a diversifie...

Mediolanum Upside/Downside Indicators

Information Ratio0.58
Maximum Drawdown1.35
Value At Risk0.29
Potential Upside0.2185
  

Mediolanum Market Premium Indicators

Risk Adjusted Performance0.043652
Jensen Alpha0.023295
Total Risk Alpha0.17
Treynor Ratio0.3676

Mediolanum Ch Provident Backtested Returns

Macroaxis considers Mediolanum to be not too risky. Mediolanum Ch Provident has Sharpe Ratio of -0.6229 which conveys that Mediolanum Ch Provident had -0.6229% of return per unit of risk over the last 1 month. Macroaxis philosophy towards estimating 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. Mediolanum exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Mediolanum Ch Provident 3 Mean Deviation of 0.1927 and Risk Adjusted Performance of 0.043652 to check out risk estimate we provide. The fund secures Beta (Market Risk) of -0.1156 which conveys that as returns on market increase, returns on owning Mediolanum are expected to decrease at a much smaller rate. During bear market, Mediolanum is likely to outperform the market.. Even though it is essential to pay attention to Mediolanum Ch Provident price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating 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. Mediolanum 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

Mediolanum Ch Provident 3 has no correlation between past and present. Overlapping area represents the amount of predictability between Mediolanum time series from August 25, 2018 to September 9, 2018 and September 9, 2018 to September 24, 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 Mediolanum Ch Provident price movement. The serial correlation of 0.0 indicates that just 0.0% of current Mediolanum price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test-1.0
Residual Average0.0
Price Variance0.0

Mediolanum Ch Provident lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Mediolanum regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Mediolanum Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - F000000GLD

Mediolanum Ch Provident Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Mediolanum Ch Provident 3. What is your trading attitude regarding investing in Mediolanum Ch Provident 3? Are you bullish or bearish?
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Additionally see Mediolanum Hype Analysis, Mediolanum Correlation, Portfolio Optimization, Mediolanum Volatility as well as analyze Mediolanum Alpha and Beta and Mediolanum Performance. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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