Harman International Backtesting

Harman International Industries Incorporated -- USA Stock  

USD 12,500  12,500  4,999,900%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Harman International Industries Incorporated and determine expected loss or profit from investing in Harman International over given investment horizon. Please also check Harman International Hype Analysis, Harman International Correlation, Harman International Valuation, Harman International Volatility as well as analyze Harman International Alpha and Beta and Harman International Performance
Investment Horizon     30 Days    Login   to change

Harman International 'What if' Analysis

September 22, 2017
No Change 0.00  0.0%
In 31 days
October 22, 2017
If you would invest  0.00  in Harman International on September 22, 2017 and sell it all today you would earn a total of 0.00 from holding Harman International Industries Incorporated or generate 0.0% return on investment in Harman International over 30 days. Harman International is related to or competes with Knowles, Escalade Incorporated, Callaway Golf, and . Harman International Industries Incorporated operates through four segments Connected Car, Lifestyle Audio, Professional...

Harman International Upside/Downside Indicators


Harman International Market Premium Indicators

Harman International lagged returns against current returns

 Current and Lagged Values 

Harman International regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Harman International Backtested Returns

Harman International is abnormally risky given 1 month investment horizon. Harman International holds Efficiency (Sharpe) Ratio of 0.625 which attests that Harman International had 0.625% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a stock is to use Harman International market data together with company specific technical indicators. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1547204.1595% are justified by taking the suggested risk. Use Harman International Industries Incorporated Downside Deviation of 93.57, Market Risk Adjusted Performance of 16914.68 and Risk Adjusted Performance of 0.1904 to evaluate company specific risk that cannot be diversified away. Harman International holds performance score of 42 on a scale of zero to a hundred. The company retains Market Volatility (i.e. Beta) of 95.0 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Harman International will likely underperform.. Although it is essential to pay attention to Harman International current price history, it is also good to be reasonable about what you can actually do with equity current price movements. Macroaxis philosophy towards determining future performance of any stock is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if Harman International expected return of 1547204.1595 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable. Use Harman International Industries Incorporated Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to analyze future returns on Harman International Industries Incorporated.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.28) 

Weak reverse predictability

Harman International Industries Incorporated has weak reverse predictability. Overlapping area represents the amount of predictability between Harman International time series from September 22, 2017 to October 7, 2017 and October 7, 2017 to October 22, 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 Harman International price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Harman International price fluctuation can be explain by its past prices. Given that Harman International Industries Incorporated has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Harman International for similar time interval.
Correlation Coefficient -0.28
Spearman Rank Test -0.19
Price Variance 3.901290589E7
Lagged Price Variance 4.223393324E7

Harman International Lagged Returns

 Regressed Prices 

Harman International Performance vs DOW

The median price of Harman International for the period between Fri, Sep 22, 2017 and Sun, Oct 22, 2017 is 11700.0 with a coefficient of variation of 102.55. The daily time series for the period is distributed with a sample standard deviation of 6578.61, arithmetic mean of 6414.96, and mean deviation of 6412.32. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)