Dominion Energy Backtesting

D -- USA Stock  

USD 69.95  1.32  1.85%

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

Dominion Energy 'What if' Analysis

June 21, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 21, 2018
0.00
If you would invest  0.00  in Dominion Energy on June 21, 2018 and sell it all today you would earn a total of 0.00 from holding Dominion Energy or generate 0.0% return on investment in Dominion Energy over 30 days. Dominion Energy is related to or competes with FirstEnergy Corp, Just Energy, AES, Avista, Brookfield Infrastructure, and BLACK HILLS. Dominion Energy, Inc. produces and transports energy in the United States

Dominion Energy Upside/Downside Indicators

Downside Deviation1.26
Information Ratio0.1768
Maximum Drawdown4.17
Value At Risk1.01
Potential Upside1.47
  

Dominion Energy Market Premium Indicators

Risk Adjusted Performance0.1821
Jensen Alpha0.3193
Total Risk Alpha0.09
Sortino Ratio0.1529
Treynor Ratio11.40

Dominion Energy Backtested Returns

Macroaxis considers Dominion Energy not too risky given 1 month investment horizon. Dominion Energy secures Sharpe Ratio (or Efficiency) of 0.2945 which denotes Dominion Energy had 0.2945% of return per unit of risk over the last 1 month. Our philosophy towards predicting 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 Dominion Energy which you can use to evaluate future volatility of the firm. Please utilize Dominion Energy Coefficient Of Variation of 334.76, Mean Deviation of 0.7503 and Downside Deviation of 1.26 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Dominion Energy holds performance score of 19. The firm shows Beta (market volatility) of -0.0277 which denotes to the fact that as returns on market increase, returns on owning Dominion Energy are expected to decrease at a much smaller rate. During bear market, Dominion Energy is likely to outperform the market.. Although it is vital to follow to Dominion Energy 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 predicting 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 reviewing Dominion Energy technical indicators you can presently evaluate if the expected return of 0.3292% will be sustainable into the future. Please utilizes Dominion Energy Standard Deviation, Treynor Ratio, Downside Variance, as well as the relationship between Information Ratio and Value At Risk to make a quick decision on weather Dominion Energy price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.76 

Good predictability

Dominion Energy has good predictability. Overlapping area represents the amount of predictability between Dominion Energy time series from June 21, 2018 to July 6, 2018 and July 6, 2018 to July 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 Dominion Energy price movement. The serial correlation of 0.76 indicates that around 76.0% of current Dominion Energy price fluctuation can be explain by its past prices.
Correlation Coefficient 0.76
Spearman Rank Test 0.6
Price Variance 0.95
Lagged Price Variance 1.06

Dominion Energy lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Dominion Energy regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Dominion Energy Lagged Returns

 Regressed Prices 
      Timeline 

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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Dominion Energy and FirstEnergy Corp. 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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Additionally see Dominion Energy Hype Analysis, Dominion Energy Correlation, Dominion Energy Valuation, Dominion Energy Volatility as well as analyze Dominion Energy Alpha and Beta and Dominion Energy Performance. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.
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