Dominion Energy Inc Backtested Returns
Macroaxis considers Dominion Energy to be not too risky. Dominion Energy Inc
secures Sharpe Ratio (or Efficiency) of -0.3525 which denotes Dominion Energy Inc
had -0.3525% of return per unit of risk over the last 1 month. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Dominion Energy Inc exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Dominion Energy Inc Coefficient Of Variation
of (235.71) and Mean Deviation of 0.7232 to check risk estimate we provide. Macroaxis gives Dominion Energy performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.2539 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.. Even though it is essential to pay attention to Dominion Energy Inc historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Dominion Energy Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Dominion Energy Inc has expected return of -0.3767%. Please be advised to confirm Dominion Energy Inc Standard Deviation, Treynor Ratio, Downside Variance, as well as the relationship between Information Ratio and Value At Risk to decide if Dominion Energy Inc past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.64 |
Dominion Energy Inc has good predictability. Overlapping area represents the amount of predictability between Dominion Energy time series from December 21, 2017 to January 5, 2018 and January 5, 2018 to January 20, 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 Inc price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Dominion Energy price fluctuation can be explain by its past prices.
|Correlation Coefficient|| 0.64|
|Spearman Rank Test|| 0.65|
|Price Variance|| 0.93|
|Lagged Price Variance|| 2.93|
Dominion Energy Lagged Returns