Dover Downs Backtesting

Dover Downs Gaming Entertainment Inc -- USA Stock  

USD 1.04  0.0021  0.2%

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

Dover Downs 'What if' Analysis

September 23, 2017
No Change 0.00  0.0%
In 30 days
October 23, 2017
If you would invest  0.00  in Dover Downs on September 23, 2017 and sell it all today you would earn a total of 0.00 from holding Dover Downs Gaming Entertainment Inc or generate 0.0% return on investment in Dover Downs over 30 days. Dover Downs is related to or competes with DHX Media, 500 com, Eros International, AMC Entertainment, Cinemark Holdings, and . It operates the Dover Downs Casino a 165 000 square foot casino complex comprising table games roulette card games slot ...

Dover Downs Upside/Downside Indicators


Dover Downs Market Premium Indicators

Dover Downs Gaming lagged returns against current returns

 Current and Lagged Values 

Dover Downs regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Dover Downs Gaming Backtested Returns

We consider Dover Downs abnormally risky. Dover Downs Gaming secures Sharpe Ratio (or Efficiency) of 0.0344 which denotes Dover Downs Gaming had 0.0344% 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 Dover Downs Gaming Entertainment Inc which you can use to evaluate future volatility of the firm. Please confirm Dover Downs Gaming Coefficient Of Variation of 3072.8, Mean Deviation of 1.96 and Downside Deviation of 3.08 to check if risk estimate we provide are consistent with the epected return of 0.0938%. Dover Downs has performance score of 2 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.3353 which denotes to the fact that as returns on market increase, Dover Downs returns are expected to increase less than the market. However during bear market, the loss on holding Dover Downs will be expected to be smaller as well.. Although it is extremely important to respect Dover Downs Gaming historical returns, it is better to be realistic regarding the information on equity current trending patternss. 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 Dover Downs Gaming technical indicators you can presently evaluate if the expected return of 0.0938% will be sustainable into the future. Dover Downs Gaming right now shows a risk of 2.725%. Please confirm Dover Downs Gaming Treynor Ratio, Downside Variance, Kurtosis, as well as the relationship between Value At Risk and Expected Short fall to decide if Dover Downs Gaming will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.3 

Below average predictability

Dover Downs Gaming Entertainment Inc has below average predictability. Overlapping area represents the amount of predictability between Dover Downs time series from September 23, 2017 to October 8, 2017 and October 8, 2017 to October 23, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dover Downs Gaming price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Dover Downs price fluctuation can be explain by its past prices.
Correlation Coefficient 0.3
Spearman Rank Test -0.01
Average Price 1.02
Lagged Average Price 1.03

Dover Downs Lagged Returns

 Regressed Prices 

Dover Downs Performance vs DOW

The median price of Dover Downs for the period between Sat, Sep 23, 2017 and Mon, Oct 23, 2017 is 1.0301 with a coefficient of variation of 2.08. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 1.03, and mean deviation of 0.02. The Stock received some media coverage during the period.
Price Growth (%)  
Headfake or Buy the Momentum Dover Downs Gaming and Entertai...10/20/2017