Diamond Hill Backtesting

Diamond Hill Investment Group Inc -- USA Stock  

USD 210.07  1.09  0.52%

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

Diamond Hill 'What if' Analysis

February 20, 2018
No Change 0.00  0.0%
In 31 days
March 22, 2018
If you would invest  0.00  in Diamond Hill on February 20, 2018 and sell it all today you would earn a total of 0.00 from holding Diamond Hill Investment Group Inc or generate 0.0% return on investment in Diamond Hill over 30 days. Diamond Hill is related to or competes with Realty Income, AllianceBernstein, Associated Capital, Arlington Asset, and Blackstone Group. Diamond Hill Investment Group, Inc., together with its subsidiaries, provides investment advisory and fund administratio...

Diamond Hill Upside/Downside Indicators


Diamond Hill Market Premium Indicators

Diamond Hill Investment lagged returns against current returns

 Current and Lagged Values 

Diamond Hill regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Diamond Hill Investment Backtested Returns

Macroaxis considers Diamond Hill to be not too risky. Diamond Hill Investment secures Sharpe Ratio (or Efficiency) of -0.1074 which denotes Diamond Hill Investment had -0.1074% of return per unit of standard deviation over the last 1 month. Macroaxis philosophy in 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. Diamond Hill Investment Group Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Diamond Hill Investment Mean Deviation of 0.8806 to check risk estimate we provide. Macroaxis gives Diamond Hill performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.1367 which denotes to the fact that as returns on market increase, returns on owning Diamond Hill are expected to decrease at a much smaller rate. During bear market, Diamond Hill is likely to outperform the market.. Even though it is essential to pay attention to Diamond Hill Investment historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in 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. Diamond Hill Investment Group Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Diamond Hill Investment has expected return of -0.1228%. Please be advised to confirm Diamond Hill Investment Information Ratio, and the relationship between Downside Deviation and Value At Risk to decide if Diamond Hill Investment past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.07 

Virtually no predictability

Diamond Hill Investment Group Inc has virtually no predictability. Overlapping area represents the amount of predictability between Diamond Hill time series from February 20, 2018 to March 7, 2018 and March 7, 2018 to March 22, 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 Diamond Hill Investment price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Diamond Hill price fluctuation can be explain by its past prices.
Correlation Coefficient 0.07
Spearman Rank Test 0.2
Price Variance 2.53
Lagged Price Variance 10.91

Diamond Hill Lagged Returns

 Regressed Prices 

Diamond Hill Performance vs DOW

The median price of Diamond Hill for the period between Tue, Feb 20, 2018 and Thu, Mar 22, 2018 is 208.98 with a coefficient of variation of 1.28. The daily time series for the period is distributed with a sample standard deviation of 2.68, arithmetic mean of 209.27, and mean deviation of 1.97. The Stock received some media coverage during the period.
 Price Growth (%)  
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