Brunswick Backtesting

BC -- USA Stock  

USD 67.64  0.29  0.43%

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

Brunswick 'What if' Analysis

August 25, 2018
No Change 0.00  0.0%
In 31 days
September 24, 2018
If you would invest  0.00  in Brunswick on August 25, 2018 and sell it all today you would earn a total of 0.00 from holding Brunswick Corporation or generate 0.0% return on investment in Brunswick over 30 days. Brunswick is related to or competes with Drive Shack, E Qure, Escalade Incorporated, Expedia, Funko, and Ballantyne Strong. Brunswick Corporation designs, manufactures, and markets recreation products worldwide

Brunswick Upside/Downside Indicators

Downside Deviation0.9475
Information Ratio9.0E-4
Maximum Drawdown4.16
Value At Risk1.70
Potential Upside1.76

Brunswick Market Premium Indicators

Risk Adjusted Performance0.0896
Jensen Alpha0.1408
Total Risk Alpha0.18
Sortino Ratio0.001
Treynor Ratio1.06

Brunswick Backtested Returns

We consider Brunswick not too risky. Brunswick secures Sharpe Ratio (or Efficiency) of 0.0912 which signifies that Brunswick had 0.0912% 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 stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Brunswick Corporation which you can use to evaluate future volatility of the firm. Please confirm Brunswick Downside Deviation of 0.9475, Risk Adjusted Performance of 0.0896 and Mean Deviation of 0.6913 to double-check if risk estimate we provide are consistent with the epected return of 0.0854%. Brunswick has performance score of 6 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.1578 which signifies that as returns on market increase, Brunswick returns are expected to increase less than the market. However during bear market, the loss on holding Brunswick will be expected to be smaller as well.. Although it is extremely important to respect Brunswick 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 Brunswick technical indicators you can presently evaluate if the expected return of 0.0854% will be sustainable into the future. Brunswick right now shows a risk of 0.9367%. Please confirm Brunswick Jensen Alpha, Potential Upside, Skewness, as well as the relationship between Maximum Drawdown and Semi Variance to decide if Brunswick will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.04) 

Very weak reverse predictability

Brunswick Corporation has very weak reverse predictability. Overlapping area represents the amount of predictability between Brunswick time series from August 25, 2018 to September 9, 2018 and September 9, 2018 to September 24, 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 Brunswick price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Brunswick price fluctuation can be explain by its past prices. Given that Brunswick Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Brunswick for similar time interval.
Correlation Coefficient-0.04
Spearman Rank Test0.39
Residual Average0.0
Price Variance0.23

Brunswick lagged returns against current returns

 Current and Lagged Values 

Brunswick regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Brunswick Lagged Returns

 Regressed Prices 

Current Sentiment - BC

Brunswick Investor Sentiment

Larger part of Macroaxis users are currently bullish on Brunswick Corporation. What is your opinion about investing in Brunswick Corporation? Are you bullish or bearish?
98% Bullish
2% Bearish

Brunswick Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Brunswick and Drive Shack. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Check also Brunswick Hype Analysis, Brunswick Correlation, Brunswick Valuation, Brunswick Volatility as well as analyze Brunswick Alpha and Beta and Brunswick Performance. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.