Cinemark Holdings Backtesting

Cinemark Holdings Inc -- USA Stock  

USD 35.87  0.03  0.0836%

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

Cinemark Holdings 'What if' Analysis

September 23, 2017
0.00
No Change 0.00  0.0%
In 31 days
October 23, 2017
0.00
If you would invest  0.00  in Cinemark Holdings on September 23, 2017 and sell it all today you would earn a total of 0.00 from holding Cinemark Holdings Inc or generate 0.0% return on investment in Cinemark Holdings over 30 days. Cinemark Holdings is related to or competes with DISH Network, Electronic Arts, Viacom, Discovery Communications, Boyd Gaming, and CBS. It operates in the theatres in the United States, Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvad...

Cinemark Holdings Upside/Downside Indicators

  

Cinemark Holdings Market Premium Indicators

Cinemark Holdings Inc lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Cinemark Holdings regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Cinemark Holdings Inc Backtested Returns

Macroaxis considers Cinemark Holdings to be not too risky. Cinemark Holdings Inc secures Sharpe Ratio (or Efficiency) of -0.0137 which signifies that Cinemark Holdings Inc had -0.0137% 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. Cinemark Holdings Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Cinemark Holdings Inc Risk Adjusted Performance of (0.008275) and Mean Deviation of 0.7777 to double-check risk estimate we provide. Macroaxis gives Cinemark Holdings performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.2907 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Cinemark Holdings will likely underperform.. Even though it is essential to pay attention to Cinemark Holdings Inc historical returns, it is always good to be careful when utilizing equity current trending patternss. 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. Cinemark Holdings Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Cinemark Holdings Inc has expected return of -0.0166%. Please be advised to confirm Cinemark Holdings Inc Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Cinemark Holdings Inc past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.64) 

Very good reverse predictability

Cinemark Holdings Inc has very good reverse predictability. Overlapping area represents the amount of predictability between Cinemark Holdings time series from September 23, 2017 to October 8, 2017 and October 8, 2017 to October 23, 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 Cinemark Holdings Inc price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Cinemark Holdings price fluctuation can be explain by its past prices. Given that Cinemark Holdings Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Cinemark Holdings for similar time interval.
Correlation Coefficient -0.64
Spearman Rank Test -0.19
Price Variance 0.08
Lagged Price Variance 0.41

Cinemark Holdings Lagged Returns

 Regressed Prices 
      Timeline 

Cinemark Holdings Performance vs DOW

The median price of Cinemark Holdings for the period between Sat, Sep 23, 2017 and Mon, Oct 23, 2017 is 36.21 with a coefficient of variation of 1.92. The daily time series for the period is distributed with a sample standard deviation of 0.7, arithmetic mean of 36.34, and mean deviation of 0.51. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Dividend Darling With Upside Cinemark Holdings, Inc.10/23/2017