Franks International Backtesting

Franks International N V -- USA Stock  

USD 6.06  0.04  0.66%

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

Franks International 'What if' Analysis

February 20, 2018
No Change 0.00  0.0%
In 31 days
March 22, 2018
If you would invest  0.00  in Franks International on February 20, 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 Eni SPA, Antero Resources, BP plc, CJ Energy, Delek US, and Diamond Offshore. Franks International N.V. provides various engineered tubular services for the oil and gas exploration and production, a...

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

We consider Franks International unusually risky. Franks International N secures Sharpe Ratio (or Efficiency) of 0.0201 which denotes Franks International N had 0.0201% 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. We have found twenty-eight technical indicators for Franks International N V which you can use to evaluate future volatility of the firm. Please confirm Franks International N Semi Deviation of 6.22, Mean Deviation of 3.27 and Downside Deviation of 6.66 to check if risk estimate we provide are consistent with the epected return of 0.0922%. Franks International has performance score of 1 on a scale of 0 to 100. The firm shows Beta (market volatility) of -1.2651 which denotes to the fact that as returns on market increase, returns on owning Franks International are expected to decrease by larger amounts. On the other hand, during market turmoil, Franks International is expected to significantly outperform it.. Although it is extremely important to respect Franks International N historical returns, it is better to be realistic regarding the information on 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. By reviewing Franks International N technical indicators you can presently evaluate if the expected return of 0.0922% will be sustainable into the future. Franks International N right now shows a risk of 4.5947%. Please confirm Franks International N Sortino Ratio, Semi Variance and the relationship between Information Ratio and Value At Risk to decide if Franks International N will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.10 

Insignificant predictability

Franks International N V has insignificant predictability. Overlapping area represents the amount of predictability between Franks International time series from February 20, 2018 to March 7, 2018 and March 7, 2018 to March 22, 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 0.1 indicates that less than 10.0% of current Franks International price fluctuation can be explain by its past prices.
Correlation Coefficient 0.1
Spearman Rank Test -0.25
Price Variance 0.02
Lagged Price Variance 0.18

Franks International Lagged Returns

 Regressed Prices 

Franks International Performance vs DOW

The median price of Franks International for the period between Tue, Feb 20, 2018 and Thu, Mar 22, 2018 is 5.88 with a coefficient of variation of 5.85. The daily time series for the period is distributed with a sample standard deviation of 0.34, arithmetic mean of 5.82, and mean deviation of 0.27. The Stock received some media coverage during the period.
 Price Growth (%)  
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