PELAMIOS CAPITAL (Spain) Backtesting

PC
S3389 -- Spain Fund  

EUR 15.01  0.04  0.27%

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

PELAMIOS CAPITAL 'What if' Analysis

0.00
02/29/2020
No Change 0.00  0.0 
In 3 months and 1 day
05/29/2020
0.00
If you would invest  0.00  in PELAMIOS CAPITAL on February 29, 2020 and sell it all today you would earn a total of 0.00 from holding PELAMIOS CAPITAL SICAV or generate 0.0% return on investment in PELAMIOS CAPITAL over 90 days. La Sociedad se configura como una SICAV con vocacion inversora global

PELAMIOS CAPITAL Upside/Downside Indicators

Information Ratio(0.17)
Maximum Drawdown8.5
Value At Risk(2.53)
Potential Upside1.13

PELAMIOS CAPITAL Market Premium Indicators

Risk Adjusted Performance(0.46)
Jensen Alpha(0.16)
Total Risk Alpha(0.18)
Treynor Ratio(3.83)

PELAMIOS CAPITAL SICAV Backtested Returns

Macroaxis considers PELAMIOS CAPITAL to be very steady. PELAMIOS CAPITAL SICAV maintains Sharpe Ratio (i.e. Efficiency) of -0.0785, which implies the entity had -0.0785% of return per unit of volatility over the last 3 months. Macroaxis approach towards forecasting the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. PELAMIOS CAPITAL SICAV exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check PELAMIOS CAPITAL SICAV Risk Adjusted Performance of (0.46) to confirm the risk estimate we provide. The fund holds a Beta of 0.0415, which implies as returns on market increase, PELAMIOS CAPITAL returns are expected to increase less than the market. However, during bear market, the loss on holding PELAMIOS CAPITAL will be expected to be smaller as well. Even though it is essential to pay attention to PELAMIOS CAPITAL SICAV current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis approach towards forecasting 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. PELAMIOS CAPITAL SICAV exposes twenty-one different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation(0.38) 
correlation synergy

Poor reverse predictability

PELAMIOS CAPITAL SICAV has poor reverse predictability. Overlapping area represents the amount of predictability between PELAMIOS CAPITAL 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 PELAMIOS CAPITAL SICAV price movement. The serial correlation of -0.38 indicates that just about 38.0% of current PELAMIOS CAPITAL price fluctuation can be explain by its past prices. Given that PELAMIOS CAPITAL SICAV has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of PELAMIOS CAPITAL for similar time interval.
Correlation Coefficient-0.38
Spearman Rank Test0.16
Residual Average0.0
Price Variance0.01

PELAMIOS CAPITAL SICAV lagged returns against current returns

 Current and Lagged Values 
      Timeline 

PELAMIOS CAPITAL regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

PELAMIOS CAPITAL Lagged Returns

 Regressed Prices 
      Timeline 

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Additionally, take a look at PELAMIOS CAPITAL Hype Analysis, PELAMIOS CAPITAL Correlation, Portfolio Optimization, PELAMIOS CAPITAL Volatility as well as analyze PELAMIOS CAPITAL Alpha and Beta and PELAMIOS CAPITAL Performance. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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