ABM Industries Backtesting

ABM Industries Incorporated -- USA Stock  

USD 36.71  0.57  1.58%

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

ABM Industries 'What if' Analysis

January 24, 2018
0.00
No Change 0.00  0.0%
In 30 days
February 23, 2018
0.00
If you would invest  0.00  in ABM Industries on January 24, 2018 and sell it all today you would earn a total of 0.00 from holding ABM Industries Incorporated or generate 0.0% return on investment in ABM Industries over 30 days. ABM Industries is related to or competes with CBRE, Digital Realty, Extra Space, Jones Lang, and Xinyuan Real. ABM Industries Incorporated provides integrated facility solutions in the United States and internationally

ABM Industries Upside/Downside Indicators

  

ABM Industries Market Premium Indicators

ABM Industries Incor lagged returns against current returns

 Current and Lagged Values 
      Timeline 

ABM Industries regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

ABM Industries Incor Backtested Returns

Macroaxis considers ABM Industries to be not too volatile. ABM Industries Incor secures Sharpe Ratio (or Efficiency) of -0.2266 which signifies that ABM Industries Incor had -0.2266% of return per unit of return volatility over the last 1 month. Macroaxis approach into foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. ABM Industries Incorporated exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ABM Industries Incor Mean Deviation of 1.1 and Coefficient Of Variation of 445.91 to double-check risk estimate we provide. Macroaxis gives ABM Industries performance score of 0 on a scale of 0 to 100. The corporation shows Beta (market volatility) of 0.6846 which signifies that as returns on market increase, ABM Industries returns are expected to increase less than the market. However during bear market, the loss on holding ABM Industries will be expected to be smaller as well.. Even though it is essential to pay attention to ABM Industries Incor historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach into foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. ABM Industries Incorporated exposes twenty-one different technical indicators which can help you to evaluate its performance. ABM Industries Incor has expected return of -0.3833%. Please be advised to confirm ABM Industries Incor Treynor Ratio, and the relationship between Variance and Potential Upside to decide if ABM Industries Incor past performance will be repeated in the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.58) 

Good reverse predictability

ABM Industries Incorporated has good reverse predictability. Overlapping area represents the amount of predictability between ABM Industries time series from January 24, 2018 to February 8, 2018 and February 8, 2018 to February 23, 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 ABM Industries Incor price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current ABM Industries price fluctuation can be explain by its past prices. Given that ABM Industries Incorporated has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of ABM Industries for similar time interval.
Correlation Coefficient -0.58
Spearman Rank Test -0.67
Price Variance 0.52
Lagged Price Variance 2.46

ABM Industries Lagged Returns

 Regressed Prices 
      Timeline 

ABM Industries Performance vs DOW

The median price of ABM Industries for the period between Wed, Jan 24, 2018 and Fri, Feb 23, 2018 is 36.62 with a coefficient of variation of 4.43. The daily time series for the period is distributed with a sample standard deviation of 1.63, arithmetic mean of 36.82, and mean deviation of 1.38. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
EPS for ABM Industries Incorporated Expected At 0.3202/22/2018