Electro Sensors Inc Backtested Returns
Macroaxis considers Electro Sensors to be relatively risky. Electro Sensors Inc
secures Sharpe Ratio (or Efficiency) of -0.0997 which denotes Electro Sensors Inc
had -0.0997% 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
. Electro Sensors Inc exposes twenty-six different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Electro Sensors Inc Coefficient Of Variation
of 1,402 and Mean Deviation of 1.19 to check risk estimate we provide. Macroaxis gives Electro Sensors performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.2642 which denotes to the fact that as returns on market increase, Electro Sensors returns are expected to increase less than the market. However during bear market, the loss on holding Electro Sensors will be expected to be smaller as well.. Even though it is essential to pay attention to Electro Sensors Inc 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. Electro Sensors Inc exposes twenty-six different technical indicators which can help you to evaluate its performance. Electro Sensors Inc has expected return of -0.1581%. Please be advised to confirm Electro Sensors Inc Information Ratio, Downside Variance, Day Typical Price, as well as the relationship between Treynor Ratio and Kurtosis to decide if Electro Sensors Inc past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.01 |
Virtually no predictability
Electro Sensors Inc has virtually no predictability. Overlapping area represents the amount of predictability between Electro Sensors time series from January 23, 2018 to February 7, 2018 and February 7, 2018 to February 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 Electro Sensors Inc price movement. The serial correlation of 0.01 indicates that just 1.0% of current Electro Sensors price fluctuation can be explain by its past prices.
|Correlation Coefficient|| 0.01|
|Spearman Rank Test|| 0.15|
|Lagged Price Variance|| 0.01|
|Average Price|| 3.96|
Electro Sensors Lagged Returns