Dover Downs Backtesting

Dover Downs Gaming Entertainment Inc -- USA Stock  

USD 1.08  0.01  0.92%

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
 Time Horizon     30 Days    Login   to change

Dover Downs 'What if' Analysis

December 22, 2017
No Change 0.00  0.0%
In 31 days
January 21, 2018
If you would invest  0.00  in Dover Downs on December 22, 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

Macroaxis considers Dover Downs exceptionally risky given 1 month investment horizon. Dover Downs Gaming secures Sharpe Ratio (or Efficiency) of 0.1166 which denotes Dover Downs Gaming had 0.1166% 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 utilize Dover Downs Gaming Coefficient Of Variation of 587.42, Mean Deviation of 1.69 and Downside Deviation of 1.68 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Dover Downs holds performance score of 7. The firm shows Beta (market volatility) of 1.5283 which denotes to the fact that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Dover Downs will likely underperform.. Although it is vital to follow to Dover Downs Gaming 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 Dover Downs Gaming technical indicators you can presently evaluate if the expected return of 0.2891% will be sustainable into the future. Please utilizes Dover Downs Gaming Treynor Ratio, Downside Variance, Kurtosis, as well as the relationship between Value At Risk and Expected Short fall to make a quick decision on weather Dover Downs price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.58) 

Good reverse predictability

Dover Downs Gaming Entertainment Inc has good reverse predictability. Overlapping area represents the amount of predictability between Dover Downs time series from December 22, 2017 to January 6, 2018 and January 6, 2018 to January 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 Dover Downs Gaming price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Dover Downs price fluctuation can be explain by its past prices. Given that Dover Downs Gaming Entertainment Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Dover Downs for similar time interval.
Correlation Coefficient -0.58
Spearman Rank Test 0.03
Average Price 1.06
Lagged Average Price 1.02

Dover Downs Lagged Returns

 Regressed Prices 

Dover Downs Performance vs DOW

The median price of Dover Downs for the period between Fri, Dec 22, 2017 and Sun, Jan 21, 2018 is 1.02 with a coefficient of variation of 3.22. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 1.03, and mean deviation of 0.03. The Stock received some media coverage during the period.
Price Growth (%)  
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