Edwards Lifesciences Backtesting

Edwards Lifesciences Corporation -- USA Stock  

USD 114.31  1.09  0.94%

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

Edwards Lifesciences 'What if' Analysis

November 15, 2017
No Change 0.00  0.0%
In 31 days
December 15, 2017
If you would invest  0.00  in Edwards Lifesciences on November 15, 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 

Edwards Lifesciences regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Edwards Lifesciences Backtested Returns

Macroaxis considers Edwards Lifesciences not too risky given 1 month investment horizon. Edwards Lifesciences secures Sharpe Ratio (or Efficiency) of 0.2611 which denotes Edwards Lifesciences had 0.2611% of return per unit of risk over the last 1 month. Our philosophy towards predicting 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 Edwards Lifesciences Corporation which you can use to evaluate future volatility of the firm. Please utilize Edwards Lifesciences Coefficient Of Variation of 390.73, Mean Deviation of 1.12 and Downside Deviation of 1.23 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Edwards Lifesciences holds performance score of 17. The firm shows Beta (market volatility) of 1.4286 which denotes to the fact that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Edwards Lifesciences will likely underperform.. Although it is vital to follow to Edwards Lifesciences 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 predicting 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 reviewing Edwards Lifesciences technical indicators you can presently evaluate if the expected return of 0.3988% will be sustainable into the future. Please utilizes Edwards Lifesciences Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to make a quick decision on weather Edwards Lifesciences price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.16) 

Insignificant reverse predictability

Edwards Lifesciences Corporation has insignificant reverse predictability. Overlapping area represents the amount of predictability between Edwards Lifesciences time series from November 15, 2017 to November 30, 2017 and November 30, 2017 to December 15, 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 -0.16 indicates that over 16.0% of current Edwards Lifesciences price fluctuation can be explain by its past prices. Given that Edwards Lifesciences Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Edwards Lifesciences for similar time interval.
Correlation Coefficient -0.16
Spearman Rank Test 0.24
Price Variance 3.23
Lagged Price Variance 14.08

Edwards Lifesciences Lagged Returns

 Regressed Prices 

Edwards Lifesciences Performance vs DOW

The median price of Edwards Lifesciences for the period between Wed, Nov 15, 2017 and Fri, Dec 15, 2017 is 113.36 with a coefficient of variation of 3.89. The daily time series for the period is distributed with a sample standard deviation of 4.37, arithmetic mean of 112.33, and mean deviation of 3.82. The Stock received some media coverage during the period.
Price Growth (%)  
Payment of 5479 shares by Scott Ullem of Edwards Lifescience...11/22/2017
Edwards Lifesciences exotic insider transaction detected12/14/2017