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Nasdaq Victory Backtesting

NQV
NQVWSD -- USA Index  

 2,072  19.43  0.93%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Nasdaq Victory US 100 Small Hig 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.
SymbolX
Backtest

Nasdaq Victory 'What if' Analysis

November 20, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
February 18, 2020
0.00
If you would invest  0.00  in Nasdaq Victory on November 20, 2019 and sell it all today you would earn a total of 0.00 from holding Nasdaq Victory US 100 Small Hig or generate 0.0% return on investment in Nasdaq Victory over 90 days. Nasdaq Victory is related to or competes with SK Innovation, Bayer Aktienges, NASPERS, and ENBRIDGE INC. Nasdaq Victory is entity of United States

Nasdaq Victory Upside/Downside Indicators

Information Ratio(0.12)
Maximum Drawdown6.08
Value At Risk(2.60)
Potential Upside2.21

Nasdaq Victory Market Premium Indicators

Risk Adjusted Performance(0.046491)
Total Risk Alpha(0.24)

Nasdaq Victory US Backtested Returns

Nasdaq Victory US has Sharpe Ratio of -0.105 which conveys that the entity had -0.105% 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.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.56) 
correlation synergy

Good reverse predictability

Nasdaq Victory US 100 Small Hig has good reverse predictability. Overlapping area represents the amount of predictability between Nasdaq Victory time series from November 20, 2019 to January 4, 2020 and January 4, 2020 to February 18, 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 -0.56 indicates that roughly 56.0% of current Nasdaq Victory price fluctuation can be explain by its past prices. Given that Nasdaq Victory US 100 Small Hig 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-0.56
Spearman Rank Test-0.87
Residual Average0.0
Price Variance306.16

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 

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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 Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.