Cheniere Energy Backtesting

CQP -- USA Stock  

USD 36.45  0.71  1.99%

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

Cheniere Energy 'What if' Analysis

June 15, 2018
No Change 0.00  0.0%
In 31 days
July 15, 2018
If you would invest  0.00  in Cheniere Energy on June 15, 2018 and sell it all today you would earn a total of 0.00 from holding Cheniere Energy Partners L P or generate 0.0% return on investment in Cheniere Energy over 30 days. Cheniere Energy is related to or competes with Enbridge Energy, TechnipFMC plc, Halliburton, Magellan Midstream, MRC Global, and NATL OILWELL. Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates regasification facilities at the Sabine Pass...

Cheniere Energy Upside/Downside Indicators

Downside Deviation0.9325
Information Ratio0.0037
Maximum Drawdown4.64
Value At Risk1.39
Potential Upside1.99

Cheniere Energy Market Premium Indicators

Risk Adjusted Performance0.0713
Jensen Alpha0.0896
Total Risk Alpha0.09
Sortino Ratio0.004
Treynor Ratio0.503

Cheniere Energy Part Backtested Returns

We consider Cheniere Energy not too risky. Cheniere Energy Part secures Sharpe Ratio (or Efficiency) of 0.0833 which signifies that Cheniere Energy Part had 0.0833% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Cheniere Energy Partners L P which you can use to evaluate future volatility of the firm. Please confirm Cheniere Energy Part Mean Deviation of 0.7266 and Risk Adjusted Performance of 0.0713 to double-check if risk estimate we provide are consistent with the epected return of 0.0854%. Cheniere Energy has performance score of 5 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.2287 which signifies that as returns on market increase, Cheniere Energy returns are expected to increase less than the market. However during bear market, the loss on holding Cheniere Energy will be expected to be smaller as well.. Although it is extremely important to respect Cheniere Energy Part historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in 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 Cheniere Energy Part technical indicators you can presently evaluate if the expected return of 0.0854% will be sustainable into the future. Cheniere Energy Part right now shows a risk of 1.0245%. Please confirm Cheniere Energy Part Standard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Cheniere Energy Part will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.44 

Average predictability

Cheniere Energy Partners L P has average predictability. Overlapping area represents the amount of predictability between Cheniere Energy time series from June 15, 2018 to June 30, 2018 and June 30, 2018 to July 15, 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 Cheniere Energy Part price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Cheniere Energy price fluctuation can be explain by its past prices.
Correlation Coefficient 0.44
Spearman Rank Test 0.73
Price Variance 0.13
Lagged Price Variance 0.2

Cheniere Energy Part lagged returns against current returns

 Current and Lagged Values 

Cheniere Energy regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Cheniere Energy Lagged Returns

 Regressed Prices 

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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Cheniere Energy and Baker Hughes Incorporated. 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
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Check also Cheniere Energy Hype Analysis, Cheniere Energy Correlation, Cheniere Energy Valuation, Cheniere Energy Volatility as well as analyze Cheniere Energy Alpha and Beta and Cheniere Energy Performance. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.