Ctrip International Backtesting

CTRP -- USA Stock  

USD 48.78  0.22  0.45%

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

Ctrip International 'What if' Analysis

May 26, 2018
No Change 0.00  0.0%
In 31 days
June 25, 2018
If you would invest  0.00  in Ctrip International on May 26, 2018 and sell it all today you would earn a total of 0.00 from holding Ctrip International Ltd or generate 0.0% return on investment in Ctrip International over 30 days. Ctrip International is related to or competes with Hyatt Hotels, Expedia, Wynn Resorts, Carnival, Hilton Worldwide, Host Hotels, and LAS VEGAS. Ctrip.com International, Ltd. operates as a travel service provider for accommodation reservation, transportation ticket...

Ctrip International Upside/Downside Indicators

Downside Deviation1.37
Information Ratio0.2435
Maximum Drawdown5.65
Value At Risk2.11
Potential Upside2.93

Ctrip International Market Premium Indicators

Risk Adjusted Performance0.01
Sortino Ratio0.2636

Ctrip International Backtested Returns

Macroaxis considers Ctrip International not too risky given 1 month investment horizon. Ctrip International secures Sharpe Ratio (or Efficiency) of 0.2531 which signifies that Ctrip International had 0.2531% of return per unit of risk over the last 1 month. Our philosophy towards 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 Ctrip International Ltd which you can use to evaluate future volatility of the firm. Please makes use of Ctrip International Downside Deviation of 1.37, Risk Adjusted Performance of 0.01 and Mean Deviation of 1.19 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Ctrip International holds performance score of 16. The firm shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Ctrip International are completely uncorrelated. Although it is vital to follow to Ctrip International historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards 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 Ctrip International technical indicators you can presently evaluate if the expected return of 0.3558% will be sustainable into the future. Please makes use of Ctrip International Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to make a quick decision on weather Ctrip International price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.62) 

Very good reverse predictability

Ctrip International Ltd has very good reverse predictability. Overlapping area represents the amount of predictability between Ctrip International time series from May 26, 2018 to June 10, 2018 and June 10, 2018 to June 25, 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 Ctrip International price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Ctrip International price fluctuation can be explain by its past prices. Given that Ctrip International Ltd has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Ctrip International for similar time interval.
Correlation Coefficient -0.62
Spearman Rank Test -0.28
Price Variance 0.86
Lagged Price Variance 2.5

Ctrip International lagged returns against current returns

 Current and Lagged Values 

Ctrip International regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Ctrip International Lagged Returns

 Regressed Prices 

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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Ctrip International and Hyatt Hotels. 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 Ctrip International Hype Analysis, Ctrip International Correlation, Ctrip International Valuation, Ctrip International Volatility as well as analyze Ctrip International Alpha and Beta and Ctrip International Performance. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.