eHi Car Backtesting

eHi Car Services Limited -- USA Stock  

USD 11.80  0.12  1.01%

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

eHi Car 'What if' Analysis

January 20, 2018
No Change 0.00  0.0%
In 31 days
February 19, 2018
If you would invest  0.00  in eHi Car on January 20, 2018 and sell it all today you would earn a total of 0.00 from holding eHi Car Services Limited or generate 0.0% return on investment in eHi Car over 30 days. eHi Car is related to or competes with Avis Budget, Hertz Global, Ford Motor, AutoNation, and GM. eHi Car Services Limited, through its subsidiaries, offer car rentals and car services to individuals, and corporate and institutional clients in the People Republic of China.

eHi Car Upside/Downside Indicators


eHi Car Market Premium Indicators

eHi Car Services lagged returns against current returns

 Current and Lagged Values 

eHi Car regressed lagged prices vs. current prices

 Current vs Lagged Prices 

eHi Car Services Backtested Returns

Macroaxis considers eHi Car to be not very risky. eHi Car Services shows Sharpe Ratio of -0.0125 which attests that eHi Car Services had -0.0125% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining 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. eHi Car Services exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out eHi Car Services Market Risk Adjusted Performance of 0.3248 and Mean Deviation of 0.94 to validate risk estimate we provide. Macroaxis gives eHi Car performance score of 0 on a scale of 0 to 100. The firm maintains market beta of -0.0599 which attests that as returns on market increase, returns on owning eHi Car are expected to decrease at a much smaller rate. During bear market, eHi Car is likely to outperform the market.. Even though it is essential to pay attention to eHi Car Services historical price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining 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. eHi Car Services exposes twenty-one different technical indicators which can help you to evaluate its performance. eHi Car Services has expected return of -0.0141%. Please be advised to check out eHi Car Services Standard Deviation, Value At Risk, Kurtosis, as well as the relationship between Jensen Alpha and Semi Variance to decide if eHi Car Services past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.17 

Very weak predictability

eHi Car Services Limited has very weak predictability. Overlapping area represents the amount of predictability between eHi Car time series from January 20, 2018 to February 4, 2018 and February 4, 2018 to February 19, 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 eHi Car Services price movement. The serial correlation of 0.17 indicates that over 17.0% of current eHi Car price fluctuation can be explain by its past prices.
Correlation Coefficient 0.17
Spearman Rank Test 0.64
Price Variance 0.01
Lagged Price Variance 0.02

eHi Car Lagged Returns

 Regressed Prices 

eHi Car Performance vs DOW

The median price of eHi Car for the period between Sat, Jan 20, 2018 and Mon, Feb 19, 2018 is 11.89 with a coefficient of variation of 1.08. The daily time series for the period is distributed with a sample standard deviation of 0.13, arithmetic mean of 11.89, and mean deviation of 0.11. The Stock received some media coverage during the period.
Price Growth (%)  
Analyst Research and Ratings Banco Latinoamericano de Comerc...02/13/2018