Baker Hughes Backtesting

BHI -- USA Stock  

null 0.05  0.001  1.89%

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
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Backtest

Baker Hughes 'What if' Analysis

June 16, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 16, 2018
0.00
If you would invest  0.00  in Baker Hughes on June 16, 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 Schlumberger, Superior Energy, Waste Management, Wesco Aircraft, Greif, Sealed Air, and SNAP ON. Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide.

Baker Hughes Upside/Downside Indicators

Downside Deviation2.79
Information Ratio0.001064
Maximum Drawdown10.44
Value At Risk3.57
Potential Upside3.85
  

Baker Hughes Market Premium Indicators

Risk Adjusted Performance0.0322
Jensen Alpha0.0047
Total Risk Alpha0.44
Sortino Ratio0.001011
Treynor Ratio0.1163

Baker Hughes Incorporated Backtested Returns

Macroaxis considers Baker Hughes to be not too volatile. Baker Hughes Incorporated secures Sharpe Ratio (or Efficiency) of -0.0854 which signifies that Baker Hughes Incorporated had -0.0854% 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. Baker Hughes Incorporated exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Baker Hughes Incorporated Downside Deviation of 2.79, Risk Adjusted Performance of 0.0322 and Mean Deviation of 2.11 to double-check risk estimate we provide. Macroaxis gives Baker Hughes performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.9322 which signifies that Baker Hughes returns are very sensitive to returns on the market. as market goes up or down, Baker Hughes is expected to follow.. Even though it is essential to pay attention to Baker Hughes Incorporated 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. Baker Hughes Incorporated exposes twenty-one different technical indicators which can help you to evaluate its performance. Baker Hughes Incorporated has expected return of -0.1523%. Please be advised to confirm Baker Hughes Incorporated Standard Deviation, Value At Risk, Kurtosis, as well as the relationship between Jensen Alpha and Semi Variance to decide if Baker Hughes Incorporated past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.50 

Modest predictability

Baker Hughes Incorporated has modest predictability. Overlapping area represents the amount of predictability between Baker Hughes time series from June 16, 2018 to July 1, 2018 and July 1, 2018 to July 16, 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.
Correlation Coefficient 0.5
Spearman Rank Test -0.5
Average Price 0.05
Lagged Average Price 0.05

Baker Hughes Incorporated lagged returns against current returns

 Current and Lagged Values 
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Baker Hughes regressed lagged prices vs. current prices

 Current vs Lagged Prices 
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Baker Hughes Lagged Returns

 Regressed Prices 
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Current Sentiment - BHI

Baker Hughes Incorporated Investor Sentiment
Greater number of Macroaxis users are currently bullish on Baker Hughes Incorporated. What is your opinion about investing in Baker Hughes Incorporated? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Baker Hughes and Schlumberger Limited. 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 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. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.