Curtiss Wright Backtesting

Curtiss Wright Corporation -- USA Stock  

USD 136.03  0.12  0.0883%

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
 Time Horizon     30 Days    Login   to change
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Backtest

Curtiss Wright 'What if' Analysis

January 24, 2018
0.00
No Change 0.00  0.0%
In 31 days
February 23, 2018
0.00
If you would invest  0.00  in Curtiss Wright on January 24, 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 Agilent Technologies, Sensata Technologies, FLIR Systems, AMETEK, and IDEX. Curtiss-Wright Corporation, together with its subsidiaries, designs, manufactures, and overhauls precision components, a...

Curtiss Wright Upside/Downside Indicators

  

Curtiss Wright Market Premium Indicators

Curtiss Wright lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Curtiss Wright regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Curtiss Wright Backtested Returns

We consider Curtiss Wright not too risky. Curtiss Wright secures Sharpe Ratio (or Efficiency) of 0.076 which signifies that Curtiss Wright had 0.076% 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 Curtiss Wright Corporation which you can use to evaluate future volatility of the firm. Please confirm Curtiss Wright Downside Deviation of 2.83, Risk Adjusted Performance of 0.1359 and Mean Deviation of 1.63 to double-check if risk estimate we provide are consistent with the epected return of 0.181%. Curtiss Wright has performance score of 5 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.0191 which signifies that Curtiss Wright returns are very sensitive to returns on the market. as market goes up or down, Curtiss Wright is expected to follow.. 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 0.181% will be sustainable into the future. Curtiss Wright right now shows a risk of 2.3804%. Please confirm Curtiss Wright Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Curtiss Wright will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.85) 

Excellent reverse predictability

Curtiss Wright Corporation has excellent reverse predictability. Overlapping area represents the amount of predictability between Curtiss Wright time series from January 24, 2018 to February 8, 2018 and February 8, 2018 to February 23, 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 -0.85 indicates that around 85.0% of current Curtiss Wright price fluctuation can be explain by its past prices. Given that Curtiss Wright Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Curtiss Wright for similar time interval.
Correlation Coefficient -0.85
Spearman Rank Test -0.82
Price Variance 42.28
Lagged Price Variance 21.71

Curtiss Wright Lagged Returns

 Regressed Prices 
      Timeline 

Curtiss Wright Performance vs DOW

The median price of Curtiss Wright for the period between Wed, Jan 24, 2018 and Fri, Feb 23, 2018 is 128.91 with a coefficient of variation of 4.77. The daily time series for the period is distributed with a sample standard deviation of 6.07, arithmetic mean of 127.21, and mean deviation of 5.29. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
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Curtiss-Wright Corporation Breaks into New 52-Week High on F...02/22/2018