Baker Hughes Backtesting

Baker Hughes Incorporated -- USA Stock  

USD 0.07  50.86  99.86%

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
Investment Horizon     30 Days    Login   to change
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Backtest

Baker Hughes 'What if' Analysis

November 15, 2017
0.00
No Change 0.00  0.0%
In 31 days
December 15, 2017
0.00
If you would invest  0.00  in Baker Hughes on November 15, 2017 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, Halliburton, Magellan Midstream, and MRC Global. Baker Hughes Incorporated offers drilling and evaluation solutions and services, which include drill bits for performanc...

Baker Hughes Upside/Downside Indicators

  

Baker Hughes Market Premium Indicators

Baker Hughes Incorporated lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Baker Hughes regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Baker Hughes Incorporated Backtested Returns

Macroaxis considers Baker Hughes to be extremely risky. Baker Hughes Incorporated secures Sharpe Ratio (or Efficiency) of -0.3656 which signifies that Baker Hughes Incorporated had -0.3656% 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 different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Baker Hughes Incorporated Coefficient Of Variation of 217.97, Risk Adjusted Performance of 0.2404 and Mean Deviation of 23292.54 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 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.. 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 different technical indicators which can help you to evaluate its performance. Baker Hughes Incorporated has expected return of -13.8789%. Please be advised to confirm Baker Hughes Incorporated Variance and the relationship between Treynor Ratio and Expected Short fall 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(0.15) 

Insignificant reverse predictability

Baker Hughes Incorporated has insignificant reverse predictability. Overlapping area represents the amount of predictability between Baker Hughes time series from November 15, 2017 to November 30, 2017 and November 30, 2017 to December 15, 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 Baker Hughes Incorporated price movement. The serial correlation of -0.15 indicates that less than 15.0% 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 -0.15
Spearman Rank Test -0.8
Price Variance 485.01
Lagged Price Variance 0.54

Baker Hughes Lagged Returns

 Regressed Prices 
      Timeline 

Baker Hughes Performance vs DOW

The median price of Baker Hughes for the period between Wed, Nov 15, 2017 and Fri, Dec 15, 2017 is 50.93 with a coefficient of variation of 70.28. The daily time series for the period is distributed with a sample standard deviation of 26.26, arithmetic mean of 37.36, and mean deviation of 23.73. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
US oil services firm Weatherford hires Morgan Stanley to sel...11/24/2017
2
Baker Hughes, a GE company Stock Faces Higher Risks Forward ...12/14/2017