Hermes Asia (Ireland) Backtesting

IE00BRHY9S47 -- Ireland Fund  

EUR 2.84  0.04  1.43%

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

Hermes Asia 'What if' Analysis

June 22, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 22, 2018
0.00
If you would invest  0.00  in Hermes Asia on June 22, 2018 and sell it all today you would earn a total of 0.00 from holding Hermes Asia Ex Japan Equity C EUR Acc or generate 0.0% return on investment in Hermes Asia over 30 days. The Fund will mostly invest in shares of companies which invest in or derive income from the countries in Asia

Hermes Asia Upside/Downside Indicators

  

Hermes Asia Market Premium Indicators

Hermes Asia Ex Backtested Returns

Macroaxis considers Hermes Asia to be extremely risky. Hermes Asia Ex holds Efficiency (Sharpe) Ratio of -0.1348 which attests that Hermes Asia Ex had -0.1348% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining 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. Hermes Asia Ex exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Hermes Asia to validate risk estimate we provide. The fund retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Hermes Asia are completely uncorrelated. Even though it is essential to pay attention to Hermes Asia Ex current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining 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. Hermes Asia Ex exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.25) 

Weak reverse predictability

Hermes Asia Ex Japan Equity C EUR Acc has weak reverse predictability. Overlapping area represents the amount of predictability between Hermes Asia time series from June 22, 2018 to July 7, 2018 and July 7, 2018 to July 22, 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 Hermes Asia Ex price movement. The serial correlation of -0.25 indicates that over 25.0% of current Hermes Asia price fluctuation can be explain by its past prices. Given that Hermes Asia Ex Japan Equity C EUR Acc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Hermes Asia for similar time interval.
Correlation Coefficient -0.25
Spearman Rank Test -0.4
Lagged Price Variance 0.01
Average Price 2.8

Hermes Asia Ex lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Hermes Asia regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Hermes Asia Lagged Returns

 Regressed Prices 
      Timeline 

Did you try this?

Run Portfolio Manager Now
   

Portfolio Manager

State of the art Portfolio Manager to monitor and improve performance of your invested capital
All  Next Launch Portfolio Manager

Build Optimal Portfolios

Align your risk with return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please also check Hermes Asia Hype Analysis, Hermes Asia Correlation, Portfolio Optimization, Hermes Asia Volatility as well as analyze Hermes Asia Alpha and Beta and Hermes Asia Performance. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.
vendors/bower_components/jquery.easy-pie-chart/dist/jquery.easypiechart.min.js">