DHX Media Backtesting

DHX Media Ltd -- USA Stock  

USD 3.5  0.05  1.41%

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

DHX Media 'What if' Analysis

September 24, 2017
No Change 0.00  0.0%
In 30 days
October 24, 2017
If you would invest  0.00  in DHX Media on September 24, 2017 and sell it all today you would earn a total of 0.00 from holding DHX Media Ltd or generate 0.0% return on investment in DHX Media over 30 days. DHX Media is related to or competes with 500 com, Eros International, AMC Entertainment, Cinemark Holdings, and Dover Downs. DHX Media Ltd focuses on childrens youth and family productions offers animation programs and offer production services

DHX Media Upside/Downside Indicators


DHX Media Market Premium Indicators

DHX Media Ltd lagged returns against current returns

 Current and Lagged Values 

DHX Media regressed lagged prices vs. current prices

 Current vs Lagged Prices 

DHX Media Ltd Backtested Returns

Macroaxis considers DHX Media to be extremely volatile. DHX Media Ltd secures Sharpe Ratio (or Efficiency) of -0.3891 which denotes DHX Media Ltd had -0.3891% of return per unit of volatility over the last 1 month. Macroaxis approach 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. DHX Media Ltd exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DHX Media Ltd Market Risk Adjusted Performance of 5.76 and Mean Deviation of 3.23 to check risk estimate we provide. Macroaxis gives DHX Media performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.339 which denotes to the fact that as returns on market increase, returns on owning DHX Media are expected to decrease at a much smaller rate. During bear market, DHX Media is likely to outperform the market.. Even though it is essential to pay attention to DHX Media Ltd historical returns, it is always good to be careful when utilizing equity current trending patternss. Macroaxis approach 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. DHX Media Ltd exposes twenty-eight different technical indicators which can help you to evaluate its performance. DHX Media Ltd has expected return of -1.8424%. Please be advised to confirm DHX Media Ltd Downside Variance as well as the relationship between Accumulation Distribution and Market Facilitation Index to decide if DHX Media Ltd past performance will be repeated at future time.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.69 

Good predictability

DHX Media Ltd has good predictability. Overlapping area represents the amount of predictability between DHX Media time series from September 24, 2017 to October 9, 2017 and October 9, 2017 to October 24, 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 DHX Media Ltd price movement. The serial correlation of 0.69 indicates that around 69.0% of current DHX Media price fluctuation can be explain by its past prices.
Correlation Coefficient 0.69
Spearman Rank Test 0.83
Price Variance 0.03
Lagged Price Variance 0.25

DHX Media Lagged Returns

 Regressed Prices 

DHX Media Performance vs DOW

The median price of DHX Media for the period between Sun, Sep 24, 2017 and Tue, Oct 24, 2017 is 4.0 with a coefficient of variation of 14.25. The daily time series for the period is distributed with a sample standard deviation of 0.61, arithmetic mean of 4.26, and mean deviation of 0.49. The Stock received some media coverage during the period.
October 12, 2017DHX Media Dividend Paid
Price Growth (%)  
DHX Flat on Markets Following Amazon Hookup10/12/2017