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Nasdaq Victory Backtesting

NQV
NQVWSCN -- USA Index  

 5,436  165.95  3.15%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Nasdaq Victory US 500 Small Vol and determine expected loss or profit from investing in Nasdaq Victory over given investment horizon. Check out Nasdaq Victory Hype Analysis, Nasdaq Victory Correlation, Portfolio Optimization, Nasdaq Victory Volatility as well as analyze Nasdaq Victory Alpha and Beta and Nasdaq Victory Performance.
Symbol
Backtest

Nasdaq Victory 'What if' Analysis

November 27, 2019
0.00
No Change 0.00  0.0 
In 2 months and 31 days
February 25, 2020
0.00
If you would invest  0.00  in Nasdaq Victory on November 27, 2019 and sell it all today you would earn a total of 0.00 from holding Nasdaq Victory US 500 Small Vol or generate 0.0% return on investment in Nasdaq Victory over 90 days. Nasdaq Victory is related to or competes with Microsoft, Apple, Alphabet, Alibaba Group, Visa, JP Morgan, and Johnson Johnson.

Nasdaq Victory Upside/Downside Indicators

Information Ratio(0.07)
Maximum Drawdown5.55
Value At Risk(2.10)
Potential Upside1.55

Nasdaq Victory Market Premium Indicators

Risk Adjusted Performance(0.05)
Total Risk Alpha(0.08)

Nasdaq Victory US Backtested Returns

Nasdaq Victory US has Sharpe Ratio of -0.0378 which conveys that the entity had -0.0378% of return per unit of risk over the last 3 months. Macroaxis philosophy towards 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 Victory exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. The index secures Beta (Market Risk) of 0.0, which conveys that the returns on MARKET and Nasdaq Victory are completely uncorrelated. Even though it is essential to pay attention to Nasdaq Victory US price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards 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 Victory exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation(0.42) 
correlation synergy

Modest reverse predictability

Nasdaq Victory US 500 Small Vol has modest reverse predictability. Overlapping area represents the amount of predictability between Nasdaq Victory time series from November 27, 2019 to January 11, 2020 and January 11, 2020 to February 25, 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 Victory US price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Nasdaq Victory price fluctuation can be explain by its past prices. Given that Nasdaq Victory US 500 Small Vol has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Nasdaq Victory for similar time interval.
Correlation Coefficient-0.42
Spearman Rank Test-0.73
Residual Average0.0
Price Variance16812.53

Nasdaq Victory US lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

Nasdaq Victory regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
  Timeline 

Nasdaq Victory Lagged Returns

 Regressed Prices 
    
  Timeline 

Current Sentiment - NQVWSCN

Nasdaq Victory US Investor Sentiment

Macroaxis traders are unemotional in their take regarding direction of Nasdaq Victory US 500 Small Vol Index. What is your trading attitude regarding investing in USA companies? Are you bullish or bearish on Nasdaq Victory US 500 Small Vol?
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Check out Nasdaq Victory Hype Analysis, Nasdaq Victory Correlation, Portfolio Optimization, Nasdaq Victory Volatility as well as analyze Nasdaq Victory Alpha and Beta and Nasdaq Victory Performance. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.