Equity LifeStyle Backtesting

ELS -- USA Stock  

USD 91.29  1.12  1.21%

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

Equity LifeStyle 'What if' Analysis

June 23, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 23, 2018
0.00
If you would invest  0.00  in Equity LifeStyle on June 23, 2018 and sell it all today you would earn a total of 0.00 from holding Equity LifeStyle Properties or generate 0.0% return on investment in Equity LifeStyle over 30 days. Equity LifeStyle is related to or competes with Dynex Capital, Ellington Residential, American Campus, Apartment Investment, American Homes, ARMOUR Residential, and AVALONBAY CMTYS. We are a self-administered, self-managed real estate investment trust As of April 23, 2018, we own or have an interest i...

Equity LifeStyle Upside/Downside Indicators

Downside Deviation0.7156
Information Ratio0.21
Maximum Drawdown1.58
Value At Risk0.91
Potential Upside0.6649
  

Equity LifeStyle Market Premium Indicators

Risk Adjusted Performance0.0112
Jensen Alpha0.0342
Total Risk Alpha0.13
Sortino Ratio0.16
Treynor Ratio0.004522

Equity LifeStyle Pro Backtested Returns

Macroaxis considers Equity LifeStyle to be not too risky. Equity LifeStyle Pro secures Sharpe Ratio (or Efficiency) of -0.0085 which denotes Equity LifeStyle Pro had -0.0085% of return per unit of risk over the last 1 month. Macroaxis philosophy 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. Equity LifeStyle Properties exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Equity LifeStyle Pro Coefficient Of Variation of 4684.69, Mean Deviation of 0.4219 and Downside Deviation of 0.7156 to check risk estimate we provide. Macroaxis gives Equity LifeStyle performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.2905 which denotes to the fact that as returns on market increase, returns on owning Equity LifeStyle are expected to decrease at a much smaller rate. During bear market, Equity LifeStyle is likely to outperform the market.. Even though it is essential to pay attention to Equity LifeStyle Pro historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy 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. Equity LifeStyle Properties exposes twenty-one different technical indicators which can help you to evaluate its performance. Equity LifeStyle Pro has expected return of -0.0046%. Please be advised to confirm Equity LifeStyle Pro Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to decide if Equity LifeStyle Pro past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.01 

Virtually no predictability

Equity LifeStyle Properties has virtually no predictability. Overlapping area represents the amount of predictability between Equity LifeStyle time series from June 23, 2018 to July 8, 2018 and July 8, 2018 to July 23, 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 Equity LifeStyle Pro price movement. The serial correlation of 0.01 indicates that just 1.0% of current Equity LifeStyle price fluctuation can be explain by its past prices.
Correlation Coefficient 0.01
Spearman Rank Test 0.18
Price Variance 0.23
Lagged Price Variance 0.22

Equity LifeStyle Pro lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Equity LifeStyle regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Equity LifeStyle Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - ELS

Equity LifeStyle Pro Investor Sentiment
Greater number of Macroaxis users are currently bullish on Equity LifeStyle Properties. What is your opinion about investing in Equity LifeStyle Properties? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Equity LifeStyle and Dynex Capital. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Additionally see Equity LifeStyle Hype Analysis, Equity LifeStyle Correlation, Equity LifeStyle Valuation, Equity LifeStyle Volatility as well as analyze Equity LifeStyle Alpha and Beta and Equity LifeStyle Performance. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.
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