NQTH (Thailand) Backtesting

NQTH -- Thailand Index  

 1,171  0.68  0.06%

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

NQTH 'What if' Analysis

June 17, 2019
0.00
No Change 0.00  0.0%
In 2 months and 31 days
September 15, 2019
0.00
If you would invest  0.00  in NQTH on June 17, 2019 and sell it all today you would earn a total of 0.00 from holding NQTH or generate 0.0% return on investment in NQTH over 90 days.

NQTH Upside/Downside Indicators

Information Ratio0.1022
Maximum Drawdown1.23
Value At Risk(0.58)
Potential Upside0.6522

NQTH Market Premium Indicators

Risk Adjusted Performance0.1717
Total Risk Alpha0.0556

NQTH Backtested Returns

NQTH has Sharpe Ratio of 0.2058 which conveys that the entity had 0.2058% of return per unit of standard deviation over the last 3 months. Our philosophy towards 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-six technical indicators for NQTH which you can use to evaluate future volatility of the organization. The index secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and NQTH are completely uncorrelated. Although it is extremely important to respect NQTH price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards 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 reviewing NQTH technical indicators you can currently evaluate if the expected return of 0.0781% 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

NQTH has no correlation between past and present. Overlapping area represents the amount of predictability between NQTH 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 NQTH price movement. The serial correlation of 0.0 indicates that just 0.0% of current NQTH price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

NQTH lagged returns against current returns

 Current and Lagged Values 
      Timeline 

NQTH regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

NQTH Lagged Returns

 Regressed Prices 
      Timeline 

Did you try this?

Run Idea Optimizer Now

   

Idea Optimizer

Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
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 NQTH Hype Analysis, NQTH Correlation, Portfolio Optimization, NQTH Volatility as well as analyze NQTH Alpha and Beta and NQTH Performance. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.
Search macroaxis.com