Baker Hughes Backtesting

Baker Hughes Incorporated -- USA Stock  

USD 54.51  54.44  78,900%

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

Baker Hughes 'What if' Analysis

February 17, 2018
No Change 0.00  0.0%
In 31 days
March 19, 2018
If you would invest  0.00  in Baker Hughes on February 17, 2018 and sell it all today you would earn a total of 0.00 from holding Baker Hughes Incorporated or generate 0.0% return on investment in Baker Hughes over 30 days. Baker Hughes is related to or competes with Cheniere Energy, Enbridge Energy, TechnipFMC plc, Halliburton, and Magellan Midstream. Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide.

Baker Hughes Upside/Downside Indicators


Baker Hughes Market Premium Indicators

Baker Hughes Incorporated lagged returns against current returns

 Current and Lagged Values 

Baker Hughes regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Baker Hughes Incorporated Backtested Returns

Baker Hughes is abnormally risky given 1 month investment horizon. Baker Hughes Incorporated secures Sharpe Ratio (or Efficiency) of 0.5031 which signifies that Baker Hughes Incorporated had 0.5031% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use Baker Hughes Incorporated market data together with company specific technical indicators. We found twenty different technical indicators which can help you to evaluate if expected returns of 233.3546% are justified by taking the suggested risk. Use Baker Hughes Coefficient Of Variation of 190.34, Risk Adjusted Performance of 0.598 and Mean Deviation of 25356.79 to evaluate company specific risk that cannot be diversified away. Baker Hughes holds performance score of 33 on a scale of zero to a hundred. The firm shows Beta (market volatility) of 95.0 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Baker Hughes will likely underperform.. Although it is essential to pay attention to Baker Hughes Incorporated historical returns, it is also good to be reasonable about what you can actually do with equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if Baker Hughes Incorporated expected return of 233.3546 will be sustainable into the future, we have found twenty different technical indicators which can help you to check if the expected returns are sustainable. Use Baker Hughes Treynor Ratio, and the relationship between Variance and Potential Upside to analyze future returns on Baker Hughes.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.50) 

Modest reverse predictability

Baker Hughes Incorporated has modest reverse predictability. Overlapping area represents the amount of predictability between Baker Hughes time series from February 17, 2018 to March 4, 2018 and March 4, 2018 to March 19, 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 Baker Hughes Incorporated price movement. The serial correlation of -0.5 indicates that about 50.0% of current Baker Hughes price fluctuation can be explain by its past prices. Given that Baker Hughes Incorporated has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Baker Hughes for similar time interval.
Correlation Coefficient -0.5
Spearman Rank Test -0.5
Price Variance 658.6
Lagged Price Variance 658.6

Baker Hughes Lagged Returns

 Regressed Prices 

Baker Hughes Performance vs DOW

The median price of Baker Hughes for the period between Sat, Feb 17, 2018 and Mon, Mar 19, 2018 is 45.0 with a coefficient of variation of 78.23. The daily time series for the period is distributed with a sample standard deviation of 25.04, arithmetic mean of 32.0, and mean deviation of 23.22. The Stock received some media coverage during the period.
 Price Growth (%)  
Goldman Sachs Upgrades Baker Hughes, GE Company to Neutral02/01/2018
Madison Investment Holdings Inc. Has 8.52 Million Stake in B...02/24/2018
Acquisition by Wolley Charles S of 3543 shares of Baker Hugh...03/18/2018