Franks International Backtesting

FI -- USA Stock  

USD 8.41  0.01  0.12%

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

Franks International 'What if' Analysis

June 19, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 19, 2018
0.00
If you would invest  0.00  in Franks International on June 19, 2018 and sell it all today you would earn a total of 0.00 from holding Franks International N V or generate 0.0% return on investment in Franks International over 30 days. Franks International is related to or competes with CJ Energy, ION Geophysical, Newpark Resources, NOW, Dawson Geophysical, and Emerge Energy. Franks International N.V. provides various engineered tubular services for the oil and gas exploration and production, a...

Franks International Upside/Downside Indicators

Downside Deviation2.59
Information Ratio0.1996
Maximum Drawdown7.05
Value At Risk2.68
Potential Upside3.47
  

Franks International Market Premium Indicators

Risk Adjusted Performance0.166
Jensen Alpha0.6194
Total Risk Alpha0.0905
Sortino Ratio0.1653
Treynor Ratio1.21

Franks International N Backtested Returns

Macroaxis considers Franks International not very volatile given 1 month investment horizon. Franks International N secures Sharpe Ratio (or Efficiency) of 0.2411 which denotes Franks International N had 0.2411% of return per unit of standard deviation over the last 1 month. Our philosophy in predicting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By reviewing Franks International N technical indicators you can presently evaluate if the expected return of 0.5167% is justified by implied risk. Please utilize Franks International N Semi Deviation of 1.58, Mean Deviation of 1.57 and Downside Deviation of 2.59 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Franks International holds performance score of 15. The firm shows Beta (market volatility) of -0.4631 which denotes to the fact that as returns on market increase, returns on owning Franks International are expected to decrease at a much smaller rate. During bear market, Franks International is likely to outperform the market.. Although it is vital to follow to Franks International N historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy in 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. We have found twenty-eight technical indicators for Franks International N V which you can use to evaluate performance of the firm. Please utilizes Franks International N Sortino Ratio, Semi Variance and the relationship between Information Ratio and Value At Risk to make a quick decision on weather Franks International price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.34 

Below average predictability

Franks International N V has below average predictability. Overlapping area represents the amount of predictability between Franks International time series from June 19, 2018 to July 4, 2018 and July 4, 2018 to July 19, 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 Franks International N price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Franks International price fluctuation can be explain by its past prices.
Correlation Coefficient 0.34
Spearman Rank Test 0.66
Price Variance 0.07
Lagged Price Variance 0.03

Franks International N lagged returns against current returns

 Current and Lagged Values 
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Franks International regressed lagged prices vs. current prices

 Current vs Lagged Prices 
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Franks International Lagged Returns

 Regressed Prices 
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Current Sentiment - FI

Franks International N Investor Sentiment
Larger part of Macroaxis users are currently bullish on Franks International N V. What is your opinion about investing in Franks International N V? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Additionally see Franks International Hype Analysis, Franks International Correlation, Franks International Valuation, Franks International Volatility as well as analyze Franks International Alpha and Beta and Franks International Performance. Please also try Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.