Adelphi European (Ireland) Backtesting

IE00B65NG183 -- Ireland Fund  

EUR 186.87  3.11  1.64%

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

Adelphi European 'What if' Analysis

June 21, 2018
No Change 0.00  0.0%
In 31 days
July 21, 2018
If you would invest  0.00  in Adelphi European on June 21, 2018 and sell it all today you would earn a total of 0.00 from holding Adelphi European Select Equity D EUR or generate 0.0% return on investment in Adelphi European over 30 days. The investment objective of the strategy is to achieve capital growth principally through investment in the securities o...

Adelphi European Upside/Downside Indicators


Adelphi European Market Premium Indicators

Adelphi European Select Backtested Returns

Macroaxis considers Adelphi European not too risky given 1 month investment horizon. Adelphi European Select secures Sharpe Ratio (or Efficiency) of 0.2689 which signifies that Adelphi European Select had 0.2689% of return per unit of standard deviation over the last 1 month. Our philosophy in 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 Adelphi European Select Equity D EUR which you can use to evaluate future volatility of the entity. Please makes use of Adelphi European Select to double-check if our risk estimates are consistent with your expectations. The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Adelphi European are completely uncorrelated. Although it is extremely important to respect Adelphi European Select historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in 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 analyzing Adelphi European Select technical indicators you can presently evaluate if the expected return of 0.2236% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.51) 

Good reverse predictability

Adelphi European Select Equity D EUR has good reverse predictability. Overlapping area represents the amount of predictability between Adelphi European 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 Adelphi European Select price movement. The serial correlation of -0.51 indicates that about 51.0% of current Adelphi European price fluctuation can be explain by its past prices. Given that Adelphi European Select Equity D EUR has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Adelphi European for similar time interval.
Correlation Coefficient -0.51
Spearman Rank Test -0.46
Price Variance 2.95
Lagged Price Variance 4.31

Adelphi European Select lagged returns against current returns

 Current and Lagged Values 

Adelphi European regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Adelphi European Lagged Returns

 Regressed Prices 

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Please also check Adelphi European Hype Analysis, Adelphi European Correlation, Portfolio Optimization, Adelphi European Volatility as well as analyze Adelphi European Alpha and Beta and Adelphi European Performance. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.