Horizon Kinetics (Exotistan) Backtesting

Horizon Kinetics ISE Global Wea -- Exotistan Index  

 187.54  0.81  0.43%

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

Horizon Kinetics 'What if' Analysis

October 26, 2017
No Change 0.00  0.0%
In 31 days
November 25, 2017
If you would invest  0.00  in Horizon Kinetics on October 26, 2017 and sell it all today you would earn a total of 0.00 from holding Horizon Kinetics ISE Global Wea or generate 0.0% return on investment in Horizon Kinetics over 30 days. Horizon Kinetics is entity of ZZ. It is traded as Index on ASE exchange.

Horizon Kinetics Upside/Downside Indicators


Horizon Kinetics Market Premium Indicators

Horizon Kinetics ISE lagged returns against current returns

 Current and Lagged Values 

Horizon Kinetics regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Horizon Kinetics ISE Backtested Returns

Horizon Kinetics ISE holds Efficiency (Sharpe) Ratio of 0.2278 which attests that Horizon Kinetics ISE had 0.2278% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a index is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Horizon Kinetics ISE which you can use to evaluate future volatility of the entity. The index retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Horizon Kinetics are completely uncorrelated. Although it is extremely important to respect Horizon Kinetics ISE current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining 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 evaluating Horizon Kinetics ISE technical indicators you can presently evaluate if the expected return of 0.0894% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.51 

Modest predictability

Horizon Kinetics ISE Global Wea has modest predictability. Overlapping area represents the amount of predictability between Horizon Kinetics time series from October 26, 2017 to November 10, 2017 and November 10, 2017 to November 25, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Horizon Kinetics ISE price movement. The serial correlation of 0.51 indicates that about 51.0% of current Horizon Kinetics price fluctuation can be explain by its past prices.
Correlation Coefficient 0.51
Spearman Rank Test 0.35
Price Variance 2.16
Lagged Price Variance 0.56

Horizon Kinetics Lagged Returns

 Regressed Prices 

Horizon Kinetics Performance vs DOW

The median price of Horizon Kinetics for the period between Thu, Oct 26, 2017 and Sat, Nov 25, 2017 is 185.79 with a coefficient of variation of 0.6. The daily time series for the period is distributed with a sample standard deviation of 1.11, arithmetic mean of 185.79, and mean deviation of 0.85. The Index did not receive any noticable media coverage during the period.
Price Growth (%)