Curtiss Wright Backtesting

CW -- USA Stock  

USD 137.33  0.30  0.22%

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

Curtiss Wright 'What if' Analysis

August 22, 2018
No Change 0.00  0.0%
In 31 days
September 21, 2018
If you would invest  0.00  in Curtiss Wright on August 22, 2018 and sell it all today you would earn a total of 0.00 from holding Curtiss Wright Corporation or generate 0.0% return on investment in Curtiss Wright over 30 days. Curtiss Wright is related to or competes with Barnes, Ampco Pittsburgh, Crane, General Electric, Hillenbrand, and Ingersoll Rand. Curtiss-Wright Corporation, together with its subsidiaries, designs, manufactures, and overhauls precision components, a...

Curtiss Wright Upside/Downside Indicators

Downside Deviation0.5624
Information Ratio0.037635
Maximum Drawdown2.53
Value At Risk0.78
Potential Upside1.68

Curtiss Wright Market Premium Indicators

Risk Adjusted Performance0.0964
Jensen Alpha0.1433
Total Risk Alpha0.13
Sortino Ratio0.048831
Treynor Ratio4.93

Curtiss Wright Backtested Returns

We consider Curtiss Wright not too risky. Curtiss Wright secures Sharpe Ratio (or Efficiency) of 0.1059 which signifies that Curtiss Wright had 0.1059% 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 stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Curtiss Wright Corporation which you can use to evaluate future volatility of the firm. Please confirm Curtiss Wright Downside Deviation of 0.5624, Risk Adjusted Performance of 0.0964 and Mean Deviation of 0.5104 to double-check if risk estimate we provide are consistent with the epected return of 0.1175%. Curtiss Wright has performance score of 7 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.0281 which signifies that as returns on market increase, returns on owning Curtiss Wright are expected to decrease at a much smaller rate. During bear market, Curtiss Wright is likely to outperform the market.. Although it is extremely important to respect Curtiss Wright historical returns, it is better to be realistic regarding the information on 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 Curtiss Wright technical indicators you can presently evaluate if the expected return of 0.1175% will be sustainable into the future. Curtiss Wright right now shows a risk of 1.1096%. Please confirm Curtiss Wright Maximum Drawdown as well as the relationship between Expected Short fall and Rate Of Daily Change to decide if Curtiss Wright will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 

No correlation between past and present

Curtiss Wright Corporation has no correlation between past and present. Overlapping area represents the amount of predictability between Curtiss Wright time series from August 22, 2018 to September 6, 2018 and September 6, 2018 to September 21, 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 Curtiss Wright price movement. The serial correlation of 0.0 indicates that just 0.0% of current Curtiss Wright price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.17
Residual Average0.0
Price Variance4.09

Curtiss Wright lagged returns against current returns

 Current and Lagged Values 

Curtiss Wright regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Curtiss Wright Lagged Returns

 Regressed Prices 

Current Sentiment - CW

Curtiss Wright Investor Sentiment

Larger part of Macroaxis users are currently bullish on Curtiss Wright Corporation. What is your opinion about investing in Curtiss Wright Corporation? Are you bullish or bearish?
98% Bullish
2% Bearish

Curtiss Wright Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Curtiss Wright and Barnes Group. 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 Curtiss Wright Hype Analysis, Curtiss Wright Correlation, Curtiss Wright Valuation, Curtiss Wright Volatility as well as analyze Curtiss Wright Alpha and Beta and Curtiss Wright Performance. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.