Antero Resources Backtesting

Antero Resources Corporation -- USA Stock  

USD 17.92  0.27  1.53%

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

November 17, 2017
0.00
No Change 0.00  0.0%
In 31 days
December 17, 2017
0.00
If you would invest  0.00  in Antero Resources on November 17, 2017 and sell it all today you would earn a total of 0.00 from holding Antero Resources Corporation or generate 0.0% return on investment in Antero Resources over 30 days. Antero Resources is related to or competes with Diamond Offshore, Helmerich Payne, Noble plc, Parsley Energy, and Diamondback Energy. As of December 31, 2015, Antero Resources Corporation had 569, 000 net acres of oil and gas properties located in the Ap...

Antero Resources Upside/Downside Indicators

  

Antero Resources Market Premium Indicators

Antero Resources lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Antero Resources regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Antero Resources Backtested Returns

Macroaxis considers Antero Resources to be not very risky. Antero Resources secures Sharpe Ratio (or Efficiency) of -0.2725 which signifies that Antero Resources had -0.2725% of return per unit of risk over the last 1 month. Macroaxis philosophy towards 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. Antero Resources Corporation exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Antero Resources Risk Adjusted Performance of (0.053516) and Mean Deviation of 1.66 to double-check risk estimate we provide. Macroaxis gives Antero Resources performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.0709 which signifies that as returns on market increase, returns on owning Antero Resources are expected to decrease at a much smaller rate. During bear market, Antero Resources is likely to outperform the market.. Even though it is essential to pay attention to Antero Resources historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards 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. Antero Resources Corporation exposes twenty-one different technical indicators which can help you to evaluate its performance. Antero Resources has expected return of -0.5813%. Please be advised to confirm Antero Resources Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if Antero Resources past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.22) 

Weak reverse predictability

Antero Resources Corporation has weak reverse predictability. Overlapping area represents the amount of predictability between Antero Resources time series from November 17, 2017 to December 2, 2017 and December 2, 2017 to December 17, 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 Antero Resources price movement. The serial correlation of -0.22 indicates that over 22.0% of current Antero Resources price fluctuation can be explain by its past prices. Given that Antero Resources Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Antero Resources for similar time interval.
Correlation Coefficient -0.22
Spearman Rank Test -0.54
Price Variance 0.13
Lagged Price Variance 0.16

Antero Resources Lagged Returns

 Regressed Prices 
      Timeline 

Antero Resources Performance vs DOW

The median price of Antero Resources for the period between Fri, Nov 17, 2017 and Sun, Dec 17, 2017 is 18.61 with a coefficient of variation of 2.68. The daily time series for the period is distributed with a sample standard deviation of 0.5, arithmetic mean of 18.67, and mean deviation of 0.37. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Antero Resources Corporation Facts About In Play Stocks12/15/2017