Emerge Energy Backtesting

Emerge Energy Services LP -- USA Stock  

USD 7.12  0.12  1.71%

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

November 11, 2017
0.00
No Change 0.00  0.0%
In 31 days
December 11, 2017
0.00
If you would invest  0.00  in Emerge Energy on November 11, 2017 and sell it all today you would earn a total of 0.00 from holding Emerge Energy Services LP or generate 0.0% return on investment in Emerge Energy over 30 days. Emerge Energy is related to or competes with Hecla Mining, Vale S, Dynaresource, and . Emerge Energy Services LP operates in two segments Sand and Fuel

Emerge Energy Upside/Downside Indicators

  

Emerge Energy Market Premium Indicators

Emerge Energy Services lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Emerge Energy regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Emerge Energy Services Backtested Returns

Macroaxis considers Emerge Energy to be moderately volatile. Emerge Energy Services secures Sharpe Ratio (or Efficiency) of -0.4797 which denotes Emerge Energy Services had -0.4797% 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. Emerge Energy Services LP exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Emerge Energy Services Coefficient Of Variation of (400.31) and Mean Deviation of 2.24 to check risk estimate we provide. Macroaxis gives Emerge Energy performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.3614 which denotes to the fact that as returns on market increase, returns on owning Emerge Energy are expected to decrease at a much smaller rate. During bear market, Emerge Energy is likely to outperform the market.. Even though it is essential to pay attention to Emerge Energy Services 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. Emerge Energy Services LP exposes twenty-one different technical indicators which can help you to evaluate its performance. Emerge Energy Services has expected return of -1.1949%. Please be advised to confirm Emerge Energy Services Variance as well as the relationship between Value At Risk and Skewness to decide if Emerge Energy Services past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.63 

Good predictability

Emerge Energy Services LP has good predictability. Overlapping area represents the amount of predictability between Emerge Energy time series from November 11, 2017 to November 26, 2017 and November 26, 2017 to December 11, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Emerge Energy Services price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Emerge Energy price fluctuation can be explain by its past prices.
Correlation Coefficient 0.63
Spearman Rank Test 0.48
Price Variance 0.12
Lagged Price Variance 0.11

Emerge Energy Lagged Returns

 Regressed Prices 
      Timeline 

Emerge Energy Performance vs DOW

The median price of Emerge Energy for the period between Sat, Nov 11, 2017 and Mon, Dec 11, 2017 is 8.18 with a coefficient of variation of 6.69. The daily time series for the period is distributed with a sample standard deviation of 0.54, arithmetic mean of 8.14, and mean deviation of 0.43. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Institutional Investors Are Crazy About Emerge Energy Servic...12/04/2017