NASDAQ UK (UK) Backtesting

NQGB -- UK Index  

 997.63  0.52  0.05%

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

NASDAQ UK 'What if' Analysis

June 24, 2019
No Change 0.00  0.0%
In 2 months and 31 days
September 22, 2019
If you would invest  0.00  in NASDAQ UK on June 24, 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 Ratio0.2763
Maximum Drawdown3.31
Value At Risk(1.75)
Potential Upside1.9

NASDAQ UK Market Premium Indicators

Risk Adjusted Performance0.2758
Total Risk Alpha0.2598

NASDAQ UK Backtested Returns

NASDAQ UK has Sharpe Ratio of 0.3203 which conveys that the index had 0.3203% 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 0.3155% 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 24, 2019 to August 8, 2019 and August 8, 2019 to September 22, 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 

NASDAQ UK regressed lagged prices vs. current prices

 Current vs Lagged Prices 

NASDAQ UK Lagged Returns

 Regressed Prices 

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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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.