LASCONI INVERSIONES (Spain) Backtesting

LI
LSC -- Spain Fund  

EUR 9.90  0.02  0.20%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of LASCONI INVERSIONES SICAV and determine expected loss or profit from investing in LASCONI INVERSIONES over given investment horizon. Additionally, see LASCONI INVERSIONES Hype Analysis, LASCONI INVERSIONES Correlation, Portfolio Optimization, LASCONI INVERSIONES Volatility as well as analyze LASCONI INVERSIONES Alpha and Beta and LASCONI INVERSIONES Performance.
Symbol
Backtest

LASCONI INVERSIONES 'What if' Analysis

0.00
02/29/2020
No Change 0.00  0.0 
In 2 months and 31 days
05/29/2020
0.00
If you would invest  0.00  in LASCONI INVERSIONES on February 29, 2020 and sell it all today you would earn a total of 0.00 from holding LASCONI INVERSIONES SICAV or generate 0.0% return on investment in LASCONI INVERSIONES over 90 days. La Sociedad podr invertir entre un 0 percent y 100 percent de su patrimonio en IIC financieras que sean activo apto, arm...

LASCONI INVERSIONES Upside/Downside Indicators

Information Ratio(0.26)
Maximum Drawdown4.87
Value At Risk(0.77)
Potential Upside0.5076

LASCONI INVERSIONES Market Premium Indicators

Risk Adjusted Performance(0.68)
Jensen Alpha(0.13)
Total Risk Alpha(0.14)
Treynor Ratio(3.56)

LASCONI INVERSIONES Backtested Returns

We consider LASCONI INVERSIONES very steady. LASCONI INVERSIONES has Sharpe Ratio of 0.0838, which conveys that the fund had 0.0838% of return per unit of volatility over the last 3 months. Our way of estimating the volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for LASCONI INVERSIONES, which you can use to evaluate future volatility of the entity. Please verify LASCONI INVERSIONES SICAV Mean Deviation of 0.3702 and Market Risk Adjusted Performance of (3.55) to check out if the risk estimate we provide is consistent with the expected return of 0.024%. The entity secures a Beta (Market Risk) of 0.0354, which conveys that as returns on market increase, LASCONI INVERSIONES returns are expected to increase less than the market. However, during bear market, the loss on holding LASCONI INVERSIONES will be expected to be smaller as well. Although it is extremely important to respect LASCONI INVERSIONES price patterns, it is better to be realistic regarding the information on equity historical price patterns. The way of estimating 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 LASCONI INVERSIONES technical indicators you can today evaluate if the expected return of 0.024% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation(0.12) 
correlation synergy

Insignificant reverse predictability

LASCONI INVERSIONES SICAV has insignificant reverse predictability. Overlapping area represents the amount of predictability between LASCONI INVERSIONES time series from 29th of February 2020 to 14th of April 2020 and 14th of April 2020 to 29th of May 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of LASCONI INVERSIONES price movement. The serial correlation of -0.12 indicates that less than 12.0% of current LASCONI INVERSIONES price fluctuation can be explain by its past prices. Given that LASCONI INVERSIONES SICAV has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of LASCONI INVERSIONES for similar time interval.
Correlation Coefficient-0.12
Spearman Rank Test-0.07
Residual Average0.0
Price Variance0.0

LASCONI INVERSIONES lagged returns against current returns

 Current and Lagged Values 
      Timeline 

LASCONI INVERSIONES regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

LASCONI INVERSIONES Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - LSC

LASCONI INVERSIONES Investor Sentiment

Macroaxis portfolio users are evenly split in their trading attitude regarding investing in LASCONI INVERSIONES SICAV. What is your trading attitude regarding investing in LASCONI INVERSIONES SICAV? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

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
Additionally, see LASCONI INVERSIONES Hype Analysis, LASCONI INVERSIONES Correlation, Portfolio Optimization, LASCONI INVERSIONES Volatility as well as analyze LASCONI INVERSIONES Alpha and Beta and LASCONI INVERSIONES Performance. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page