ETFS Wheat (UK) Backtesting

WEAT -- UK ETF  

USD 0.63  0.004  0.63%

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

ETFS Wheat 'What if' Analysis

October 13, 2018
0.00
No Change 0.00  0.0%
In 31 days
November 12, 2018
0.00
If you would invest  0.00  in ETFS Wheat on October 13, 2018 and sell it all today you would earn a total of 0.00 from holding ETFS Wheat ETC or generate 0.0% return on investment in ETFS Wheat over 30 days. ETFS Wheat is related to or competes with Royal Dutch, and Boeing. ETFS Wheat is designed to enable investors to gain an exposure to a total return investment in wheat by tracking the Blo...

ETFS Wheat Upside/Downside Indicators

Information Ratio0.14
Maximum Drawdown3.91
Value At Risk1.60
Potential Upside2.47
  

ETFS Wheat Market Premium Indicators

Risk Adjusted Performance0.004509
Jensen Alpha0.01624
Total Risk Alpha0.20
Treynor Ratio13.7

ETFS Wheat ETC Backtested Returns

Macroaxis considers ETFS Wheat to be exceptionally risky. ETFS Wheat ETC secures Sharpe Ratio (or Efficiency) of -0.059 which denotes ETFS Wheat ETC had -0.059% of return per unit of return volatility over the last 1 month. Macroaxis approach to predicting risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. ETFS Wheat ETC exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ETFS Wheat ETC Mean Deviation of 1.03 to check risk estimate we provide. The organization shows Beta (market volatility) of -0.0012 which denotes to the fact that as returns on market increase, returns on owning ETFS Wheat are expected to decrease at a much smaller rate. During bear market, ETFS Wheat is likely to outperform the market.. Even though it is essential to pay attention to ETFS Wheat ETC historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach to predicting future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. ETFS Wheat ETC exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.65) 
correlation synergy

Very good reverse predictability

ETFS Wheat ETC has very good reverse predictability. Overlapping area represents the amount of predictability between ETFS Wheat time series from October 13, 2018 to October 28, 2018 and October 28, 2018 to November 12, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ETFS Wheat ETC price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current ETFS Wheat price fluctuation can be explain by its past prices. Given that ETFS Wheat ETC has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of ETFS Wheat for similar time interval.
Correlation Coefficient-0.65
Spearman Rank Test-0.61
Residual Average0.0
Price Variance0.0

ETFS Wheat ETC lagged returns against current returns

 Current and Lagged Values 
      Timeline 

ETFS Wheat regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

ETFS Wheat Lagged Returns

 Regressed Prices 
      Timeline 

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See also ETFS Wheat Hype Analysis, ETFS Wheat Correlation, Portfolio Optimization, ETFS Wheat Volatility as well as analyze ETFS Wheat Alpha and Beta and ETFS Wheat Performance. Please also try Crypto Portfolio Optimizer module to optimize portfolio of digital coins and token across multiple currency and exchanges.
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