DHX Media Backtesting

DHX Media Ltd -- USA Stock  

USD 3.65  0.05  1.39%

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
 Time Horizon     30 Days    Login   to change

DHX Media '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 DHX Media on December 22, 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

We consider DHX Media unusually risky. DHX Media Ltd secures Sharpe Ratio (or Efficiency) of 0.0837 which denotes DHX Media Ltd had 0.0837% of return per unit of volatility over the last 1 month. Our approach 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 DHX Media Ltd which you can use to evaluate future volatility of the firm. Please confirm DHX Media Ltd Market Risk Adjusted Performance of 4.5, Mean Deviation of 1.86 and Downside Deviation of 2.37 to check if risk estimate we provide are consistent with the epected return of 0.1777%. DHX Media has performance score of 5 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.1724 which denotes to the fact that as returns on market increase, DHX Media returns are expected to increase less than the market. However during bear market, the loss on holding DHX Media will be expected to be smaller as well.. Although it is extremely important to respect DHX Media Ltd historical returns, it is better to be realistic regarding the information on equity current trending patterns. The approach 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 evaluating DHX Media Ltd technical indicators you can now evaluate if the expected return of 0.1777% will be sustainable into the future. DHX Media Ltd currently shows a risk of 2.1234%. Please confirm DHX Media Ltd Jensen Alpha and Downside Variance to decide if DHX Media Ltd will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.29) 

Weak reverse predictability

DHX Media Ltd has weak reverse predictability. Overlapping area represents the amount of predictability between DHX Media 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 DHX Media Ltd price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current DHX Media price fluctuation can be explain by its past prices. Given that DHX Media Ltd has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of DHX Media for similar time interval.
Correlation Coefficient -0.29
Spearman Rank Test -0.32
Lagged Price Variance 0.02
Average Price 3.63

DHX Media Lagged Returns

 Regressed Prices 

DHX Media Performance vs DOW

The median price of DHX Media for the period between Fri, Dec 22, 2017 and Sun, Jan 21, 2018 is 3.6 with a coefficient of variation of 5.46. The daily time series for the period is distributed with a sample standard deviation of 0.19, arithmetic mean of 3.54, and mean deviation of 0.15. The Stock received some media coverage during the period.
Price Growth (%)  
Usa Financial Portformulas Raised Honeywell Intl Position DH...01/18/2018