Edwards Lifesciences Backtesting

Edwards Lifesciences Corporation -- USA Stock  

USD 108.25  0.27  0.25%

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

September 17, 2017
 0.00 
No Change 0.00  0.0%
In 30 days
October 17, 2017
 0.00 
If you would invest  0.00  in Edwards Lifesciences on September 17, 2017 and sell it all today you would earn a total of 0.00 from holding Edwards Lifesciences Corporation or generate 0.0% return on investment in Edwards Lifesciences over 30 days. Edwards Lifesciences is related to or competes with Express Scripts, AmerisourceBergen, Baxter International, C R, and Becton Dickinson. It offers transcatheter heart valve therapy solutions comprising transcatheter aortic heart valves and their delivery sy...

Edwards Lifesciences Upside/Downside Indicators

  

Edwards Lifesciences Market Premium Indicators

Edwards Lifesciences lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Edwards Lifesciences regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Edwards Lifesciences Backtested Returns

Macroaxis considers Edwards Lifesciences to be not too risky. Edwards Lifesciences secures Sharpe Ratio (or Efficiency) of -0.1896 which denotes Edwards Lifesciences had -0.1896% 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. Edwards Lifesciences Corporation exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Edwards Lifesciences Coefficient Of Variation of (455.25) and Mean Deviation of 0.7039 to check risk estimate we provide. Macroaxis gives Edwards Lifesciences performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.7638 which denotes to the fact that as returns on market increase, Edwards Lifesciences returns are expected to increase less than the market. However during bear market, the loss on holding Edwards Lifesciences will be expected to be smaller as well.. Even though it is essential to pay attention to Edwards Lifesciences historical returns, it is always good to be careful when utilizing equity current trending patternss. 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. Edwards Lifesciences Corporation exposes twenty-one different technical indicators which can help you to evaluate its performance. Edwards Lifesciences has expected return of -0.1753%. Please be advised to confirm Edwards Lifesciences Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to decide if Edwards Lifesciences past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.06 

Virtually no predictability

Edwards Lifesciences Corporation has virtually no predictability. Overlapping area represents the amount of predictability between Edwards Lifesciences time series from September 17, 2017 to October 2, 2017 and October 2, 2017 to October 17, 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 Edwards Lifesciences price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Edwards Lifesciences price fluctuation can be explain by its past prices.
Correlation Coefficient 0.06
Spearman Rank Test 0.28
Price Variance 1.22
Lagged Price Variance 1.14

Edwards Lifesciences Lagged Returns

 Regressed Prices 
      Timeline 

Edwards Lifesciences Performance vs DOW

The median price of Edwards Lifesciences for the period between Sun, Sep 17, 2017 and Tue, Oct 17, 2017 is 110.33 with a coefficient of variation of 1.22. The daily time series for the period is distributed with a sample standard deviation of 1.35, arithmetic mean of 110.36, and mean deviation of 0.99. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Edwards Lifesciences Takes Over 65 Spot From Mid-America Apa...10/16/2017