Franks International Backtesting

Franks International N V -- USA Stock  

USD 6.04  0.18  3.07%

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
Investment Horizon     30 Days    Login   to change

Franks International 'What if' Analysis

November 16, 2017
No Change 0.00  0.0%
In 31 days
December 16, 2017
If you would invest  0.00  in Franks International on November 16, 2017 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 Antero Resources, BP plc, CJ Energy, Delek US, Diamond Offshore, and Ecopetrol S. Franks International NV operates through three operating segments International Services U.S

Franks International Upside/Downside Indicators


Franks International Market Premium Indicators

Franks International N lagged returns against current returns

 Current and Lagged Values 

Franks International regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Franks International N Backtested Returns

Macroaxis considers Franks International to be moderately volatile. Franks International N secures Sharpe Ratio (or Efficiency) of -0.144 which denotes Franks International N had -0.144% of return per unit of standard deviation over the last 1 month. Macroaxis philosophy in 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. Franks International N V exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Franks International N Mean Deviation of 1.54 to check risk estimate we provide. Macroaxis gives Franks International performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.3604 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.. Even though it is essential to pay attention to Franks International N historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in 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. Franks International N V exposes twenty-one different technical indicators which can help you to evaluate its performance. Franks International N has expected return of -0.3075%. Please be advised to confirm Franks International N Jensen Alpha, Semi Variance and the relationship between Standard Deviation and Value At Risk to decide if Franks International N past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.3 

Below average predictability

Franks International N V has below average predictability. Overlapping area represents the amount of predictability between Franks International time series from November 16, 2017 to December 1, 2017 and December 1, 2017 to December 16, 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 Franks International N price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Franks International price fluctuation can be explain by its past prices.
Correlation Coefficient 0.3
Spearman Rank Test 0.45
Price Variance 0.04
Lagged Price Variance 0.02

Franks International Lagged Returns

 Regressed Prices 

Franks International Performance vs DOW

The median price of Franks International for the period between Thu, Nov 16, 2017 and Sat, Dec 16, 2017 is 6.23 with a coefficient of variation of 3.05. The daily time series for the period is distributed with a sample standard deviation of 0.19, arithmetic mean of 6.22, and mean deviation of 0.16. The Stock received some media coverage during the period.
Price Growth (%)  
Frank International NV Upgraded to Hold by Zacks Investment ...11/22/2017
Price Target Watch on Shares of Frank International NV12/15/2017