Emerge Energy Backtesting

EMES -- USA Stock  

USD 4.62  0.06  1.28%

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.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Emerge Energy 'What if' Analysis

August 25, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 24, 2018
0.00
If you would invest  0.00  in Emerge Energy on August 25, 2018 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 CJ Energy, Franks International, ION Geophysical, Newpark Resources, NOW, Dawson Geophysical, and Emerge Energy. Emerge Energy Services LP, through its subsidiary, Superior Silica Sands LLC, operates an energy services company in the...

Emerge Energy Upside/Downside Indicators

Information Ratio0.37
Maximum Drawdown7.73
Value At Risk5.81
Potential Upside2.73
  

Emerge Energy Market Premium Indicators

Risk Adjusted Performance0.13
Jensen Alpha0.94
Total Risk Alpha1.70
Treynor Ratio0.80

Emerge Energy Services Backtested Returns

Macroaxis considers Emerge Energy to be moderately volatile. Emerge Energy Services secures Sharpe Ratio (or Efficiency) of -0.3279 which denotes Emerge Energy Services had -0.3279% 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 328.72 and Mean Deviation of 1.84 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 0.9751 which denotes to the fact that Emerge Energy returns are very sensitive to returns on the market. as market goes up or down, Emerge Energy is expected to follow.. 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 -0.8237%. 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 0.49 

Average predictability

Emerge Energy Services LP has average predictability. Overlapping area represents the amount of predictability between Emerge Energy time series from August 25, 2018 to September 9, 2018 and September 9, 2018 to September 24, 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 Emerge Energy Services price movement. The serial correlation of 0.49 indicates that about 49.0% of current Emerge Energy price fluctuation can be explain by its past prices.
Correlation Coefficient0.49
Spearman Rank Test0.17
Residual Average0.0
Price Variance0.01

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 Lagged Returns

 Regressed Prices 
      Timeline 

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Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Emerge Energy Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Emerge Energy and CJ Energy Services. 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
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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. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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