Altaba Backtesting

Altaba Inc -- USA Stock  

USD 70.14  0.91  1.31%

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

Altaba 'What if' Analysis

November 15, 2017
No Change 0.00  0.0%
In 31 days
December 15, 2017
If you would invest  0.00  in Altaba on November 15, 2017 and sell it all today you would earn a total of 0.00 from holding Altaba Inc or generate 0.0% return on investment in Altaba over 30 days. Altaba is related to or competes with Digimarc, VASCO Data, Dell Technologies, and Verint Systems. Yahoo is entity of United States. It is traded as Stock on NASDAQ exchange.

Altaba Upside/Downside Indicators


Altaba Market Premium Indicators

Altaba Inc lagged returns against current returns

 Current and Lagged Values 

Altaba regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Altaba Inc Backtested Returns

We consider Altaba not too risky. Altaba Inc secures Sharpe Ratio (or Efficiency) of 0.008 which signifies that Altaba Inc had 0.008% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Altaba Inc which you can use to evaluate future volatility of the firm. Please confirm Altaba Inc Risk Adjusted Performance of 0.0038 and Mean Deviation of 1.13 to double-check if risk estimate we provide are consistent with the epected return of 0.0119%. Altaba has performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.3363 which signifies that as returns on market increase, Altaba returns are expected to increase less than the market. However during bear market, the loss on holding Altaba will be expected to be smaller as well.. Although it is extremely important to respect Altaba Inc historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Altaba Inc technical indicators you can presently evaluate if the expected return of 0.0119% will be sustainable into the future. Altaba Inc right now shows a risk of 1.4858%. Please confirm Altaba Inc Sortino Ratio, Potential Upside, Skewness, as well as the relationship between Maximum Drawdown and Semi Variance to decide if Altaba Inc will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.11 

Insignificant predictability

Altaba Inc has insignificant predictability. Overlapping area represents the amount of predictability between Altaba time series from November 15, 2017 to November 30, 2017 and November 30, 2017 to December 15, 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 Altaba Inc price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Altaba price fluctuation can be explain by its past prices.
Correlation Coefficient 0.11
Spearman Rank Test 0.08
Price Variance 1.16
Lagged Price Variance 1.3

Altaba Lagged Returns

 Regressed Prices 

Altaba Performance vs DOW

The median price of Altaba for the period between Wed, Nov 15, 2017 and Fri, Dec 15, 2017 is 70.75 with a coefficient of variation of 1.97. The daily time series for the period is distributed with a sample standard deviation of 1.39, arithmetic mean of 70.67, and mean deviation of 1.16. The Stock received some media coverage during the period.
Price Growth (%)  
Sale by Alexi Wellman of 860 shares of Altaba11/24/2017
Sale by Loeb Daniel S of 1400000 shares of Altaba12/14/2017