NASDAQ UK (UK) Backtesting

NQGB -- UK Index  

 995.92  15.37  1.57%

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

NASDAQ UK 'What if' Analysis

June 17, 2019
0.00
No Change 0.00  0.0%
In 3 months and 1 day
September 15, 2019
0.00
If you would invest  0.00  in NASDAQ UK on June 17, 2019 and sell it all today you would earn a total of 0.00 from holding NASDAQ UK or generate 0.0% return on investment in NASDAQ UK over 90 days.

NASDAQ UK Upside/Downside Indicators

Information Ratio0.7326
Maximum Drawdown1.07
Value At Risk(0.13)
Potential Upside1.57

NASDAQ UK Market Premium Indicators

Risk Adjusted Performance0.7015
Total Risk Alpha0.5113

NASDAQ UK Backtested Returns

NASDAQ UK has Sharpe Ratio of 0.7052 which conveys that the index had 0.7052% of return per unit of standard deviation over the last 3 months. Our approach into estimating volatility of an index is to use all available market data together with index specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for NASDAQ UK which you can use to evaluate future volatility of the entity. The entity secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NASDAQ UK are completely uncorrelated. Although it is vital to follow to NASDAQ UK price patterns, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns. The approach into estimating future performance of any index is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting NASDAQ UK technical indicators you can now evaluate if the expected return of 0.4665% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 
correlation synergy

No correlation between past and present

NASDAQ UK has no correlation between past and present. Overlapping area represents the amount of predictability between NASDAQ UK time series from June 17, 2019 to August 1, 2019 and August 1, 2019 to September 15, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NASDAQ UK price movement. The serial correlation of 0.0 indicates that just 0.0% of current NASDAQ UK price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

NASDAQ UK lagged returns against current returns

 Current and Lagged Values 
      Timeline 

NASDAQ UK regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

NASDAQ UK Lagged Returns

 Regressed Prices 
      Timeline 

Did you try this?

Run Portfolio Diagnostics Now

   

Portfolio Diagnostics

Use generated alerts and portfolio events aggregator to diagnose current holdings
All  Next Launch Module

Also Currentnly Active

Purchased over 500 shares of
few hours ago
Traded for 2.0
Purchased over 200 shares of
few hours ago
Traded for 1.28
Purchased over 200 shares of
few hours ago
Traded for 9.05
See also NASDAQ UK Hype Analysis, NASDAQ UK Correlation, Portfolio Optimization, NASDAQ UK Volatility as well as analyze NASDAQ UK Alpha and Beta and NASDAQ UK Performance. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.
Search macroaxis.com