Israel Index (Israel) Backtesting

NQIL -- Israel Index  

 1,012  25.48  2.58%

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

Israel Index 'What if' Analysis

June 19, 2019
0.00
No Change 0.00  0.0%
In 2 months and 31 days
September 17, 2019
0.00
If you would invest  0.00  in Israel Index on June 19, 2019 and sell it all today you would earn a total of 0.00 from holding Israel Index or generate 0.0% return on investment in Israel Index over 90 days.

Israel Index Upside/Downside Indicators

Information Ratio0.3093
Maximum Drawdown1.48
Value At Risk(0.26)
Potential Upside1.48

Israel Index Market Premium Indicators

Risk Adjusted Performance0.3199
Total Risk Alpha0.1587

Israel Index Backtested Returns

Israel Index holds Efficiency (Sharpe) Ratio of -0.081 which attests that the entity had -0.081% of return per unit of risk over the last 3 months. Macroaxis philosophy towards determining risk of any index is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Israel Index exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. The index retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Israel Index are completely uncorrelated. Even though it is essential to pay attention to Israel Index current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any index is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Israel Index exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 
correlation synergy

No correlation between past and present

Israel Index has no correlation between past and present. Overlapping area represents the amount of predictability between Israel Index time series from June 19, 2019 to August 3, 2019 and August 3, 2019 to September 17, 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 Israel Index price movement. The serial correlation of 0.0 indicates that just 0.0% of current Israel Index price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

Israel Index lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Israel Index regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Israel Index Lagged Returns

 Regressed Prices 
      Timeline 

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See also Israel Index Hype Analysis, Israel Index Correlation, Portfolio Optimization, Israel Index Volatility as well as analyze Israel Index Alpha and Beta and Israel Index Performance. Please also try Premium Stories module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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