Man GLG (Ireland) Backtesting

IE00B01D9G61 -- Ireland Fund  

EUR 201.54  0.77  0.38%

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

Man GLG 'What if' Analysis

June 20, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 20, 2018
0.00
If you would invest  0.00  in Man GLG on June 20, 2018 and sell it all today you would earn a total of 0.00 from holding Man GLG European Equity D EUR Acc or generate 0.0% return on investment in Man GLG over 30 days. The GLG European Equity Funds investment objective is to provide a high total return for a suitable long term appreciati...

Man GLG Upside/Downside Indicators

Information Ratio0.31
Maximum Drawdown4.09
Value At Risk2.02
Potential Upside0.951
  

Man GLG Market Premium Indicators

Risk Adjusted Performance0.08
Jensen Alpha0.18
Total Risk Alpha0.35
Treynor Ratio0.43

Man GLG European Backtested Returns

Macroaxis considers Man GLG to be not too risky. Man GLG European has Sharpe Ratio of -0.0987 which conveys that Man GLG European had -0.0987% 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. Man GLG exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Man GLG European Equity D EUR Acc Mean Deviation of 0.5397 and Risk Adjusted Performance of 0.08 to check out risk estimate we provide. The fund secures Beta (Market Risk) of 0.307 which conveys that as returns on market increase, Man GLG returns are expected to increase less than the market. However during bear market, the loss on holding Man GLG will be expected to be smaller as well.. Even though it is essential to pay attention to Man GLG European 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. Man GLG exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.75) 

Almost perfect reverse predictability

Man GLG European Equity D EUR Acc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Man GLG time series from June 20, 2018 to July 5, 2018 and July 5, 2018 to July 20, 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 Man GLG European price movement. The serial correlation of -0.75 indicates that around 75.0% of current Man GLG price fluctuation can be explain by its past prices. Given that Man GLG European Equity D EUR Acc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Man GLG for similar time interval.
Correlation Coefficient -0.75
Spearman Rank Test -0.71
Price Variance 1.19
Lagged Price Variance 8.49

Man GLG European lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Man GLG regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Man GLG Lagged Returns

 Regressed Prices 
      Timeline 

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Please also check Man GLG Hype Analysis, Man GLG Correlation, Portfolio Optimization, Man GLG Volatility as well as analyze Man GLG Alpha and Beta and Man GLG Performance. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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