Harman International Backtesting

HAR -- USA Stock  

USD 111.50  5,728  98.09%

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.
 Time Horizon     30 Days    Login   to change
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Backtest

Harman International 'What if' Analysis

May 21, 2018
0.00
No Change 0.00  0.0%
In 31 days
June 20, 2018
0.00
If you would invest  0.00  in Harman International on May 21, 2018 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, LeapFrog Enterprises, Escalade Incorporated, Funko, Callaway Golf, Entergy Mississippi, and HARMAN INTL. Harman International Industries, Incorporated designs and engineers connected solutions and solutions for automakers, consumers, and enterprises worldwide.

Harman International Upside/Downside Indicators

  

Harman International Market Premium Indicators

Harman International Backtested Returns

Harman International is abnormally risky given 1 month investment horizon. Harman International holds Efficiency (Sharpe) Ratio of 0.2022 which attests that Harman International had 0.2022% 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 53.3991% are justified by taking the suggested risk. Use Harman International Industries Incorporated to evaluate company specific risk that cannot be diversified away. Harman International holds performance score of 13 on a scale of zero to a hundred. The company retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Harman International are completely uncorrelated. 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 53.3991 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 0.69 

Good predictability

Harman International Industries Incorporated has good predictability. Overlapping area represents the amount of predictability between Harman International time series from May 21, 2018 to June 5, 2018 and June 5, 2018 to June 20, 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 Harman International price movement. The serial correlation of 0.69 indicates that around 69.0% of current Harman International price fluctuation can be explain by its past prices.
Correlation Coefficient 0.69
Spearman Rank Test -0.09
Price Variance 7046269.39
Lagged Price Variance 5722148.9

Harman International lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Harman International regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Harman International Lagged Returns

 Regressed Prices 
      Timeline 

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