>

NASDAQ UK (UK) Backtesting

NQG
NQGB -- UK Index  

 919.75  2.14  0.23%

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. Check out 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.
Symbol
Backtest

NASDAQ UK 'What if' Analysis

0.00
11/30/2019
No Change 0.00  0.0 
In 3 months and 1 day
02/28/2020
0.00
If you would invest  0.00  in NASDAQ UK on November 30, 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 Ratio(0.06)
Maximum Drawdown9.85
Value At Risk(2.03)
Potential Upside1.18

NASDAQ UK Market Premium Indicators

Risk Adjusted Performance(0.17)
Total Risk Alpha(0.048642)

NASDAQ UK Backtested Returns

NASDAQ UK has Sharpe Ratio of -0.1125 which conveys that the index had -0.1125% of return per unit of standard deviation over the last 3 months. Macroaxis approach into estimating 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. NASDAQ UK exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. The entity secures Beta (Market Risk) of 0.0, which conveys that the returns on MARKET and NASDAQ UK are completely uncorrelated. Even though it is essential to pay attention to NASDAQ UK price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis approach into estimating 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. NASDAQ UK exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation(0.58) 
correlation synergy

Good reverse predictability

NASDAQ UK has good reverse predictability. Overlapping area represents the amount of predictability between NASDAQ UK time series from November 30, 2019 to January 14, 2020 and January 14, 2020 to February 28, 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 NASDAQ UK price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current NASDAQ UK price fluctuation can be explain by its past prices. Given that NASDAQ UK has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of NASDAQ UK for similar time interval.
Correlation Coefficient-0.58
Spearman Rank Test-0.71
Residual Average0.0
Price Variance1788.74

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 Pattern Recognition Now

   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Module

Also Currentnly Active

Purchased over 100 shares of
a day ago
Traded for 30.71
Purchased over 500 shares of
a day ago
Traded for 3.54
Purchased over 100 shares of
a day ago
Traded for 30.71
Check out 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.