Callaway Golf Backtesting

Callaway Golf Company -- USA Stock  

USD 15.76  0.14  0.90%

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

Callaway Golf 'What if' Analysis

January 23, 2018
0.00
No Change 0.00  0.0%
In 30 days
February 22, 2018
0.00
If you would invest  0.00  in Callaway Golf on January 23, 2018 and sell it all today you would earn a total of 0.00 from holding Callaway Golf Company or generate 0.0% return on investment in Callaway Golf over 30 days. Callaway Golf is related to or competes with Knowles, Escalade Incorporated, Funko, and . Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs, golf balls, golf bag...

Callaway Golf Upside/Downside Indicators

  

Callaway Golf Market Premium Indicators

Callaway Golf lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Callaway Golf regressed lagged prices vs. current prices

 Current vs Lagged Prices 
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Callaway Golf Backtested Returns

Macroaxis considers Callaway Golf not very risky given 1 month investment horizon. Callaway Golf secures Sharpe Ratio (or Efficiency) of 0.1929 which signifies that Callaway Golf had 0.1929% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing 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 Callaway Golf Company which you can use to evaluate future volatility of the firm. Please makes use of Callaway Golf Downside Deviation of 1.66, Risk Adjusted Performance of 0.3149 and Mean Deviation of 1.63 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Callaway Golf holds performance score of 12. The firm shows Beta (market volatility) of 0.4085 which signifies that as returns on market increase, Callaway Golf returns are expected to increase less than the market. However during bear market, the loss on holding Callaway Golf will be expected to be smaller as well.. Although it is vital to follow to Callaway Golf historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards foreseeing 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 analyzing Callaway Golf technical indicators you can presently evaluate if the expected return of 0.3835% will be sustainable into the future. Please makes use of Callaway Golf Downside Deviation, Treynor Ratio as well as the relationship between Treynor Ratio and Expected Short fall to make a quick decision on weather Callaway Golf price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.22) 

Weak reverse predictability

Callaway Golf Company has weak reverse predictability. Overlapping area represents the amount of predictability between Callaway Golf 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 Callaway Golf price movement. The serial correlation of -0.22 indicates that over 22.0% of current Callaway Golf price fluctuation can be explain by its past prices. Given that Callaway Golf Company has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Callaway Golf for similar time interval.
Correlation Coefficient -0.22
Spearman Rank Test -0.33
Price Variance 0.13
Lagged Price Variance 0.13

Callaway Golf Lagged Returns

 Regressed Prices 
      Timeline 

Callaway Golf Performance vs DOW

The median price of Callaway Golf for the period between Tue, Jan 23, 2018 and Thu, Feb 22, 2018 is 15.12 with a coefficient of variation of 3.04. The daily time series for the period is distributed with a sample standard deviation of 0.46, arithmetic mean of 15.03, and mean deviation of 0.38. The Stock received some media coverage during the period.
February 13, 2018Callaway Golf Dividend Paid
Price Growth (%)  
      Timeline 
1
Watch the Active stock of Yesterday Callaway Golf Company01/29/2018
2
Calculate PE Before Making Any Investment Decision Callaway ...02/21/2018