Jones Lang Backtesting

Jones Lang LaSalle Incorporated -- USA Stock  

USD 145.48  3  2.02%

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

Jones Lang 'What if' Analysis

November 17, 2017
0.00
No Change 0.00  0.0%
In 30 days
December 17, 2017
0.00
If you would invest  0.00  in Jones Lang on November 17, 2017 and sell it all today you would earn a total of 0.00 from holding Jones Lang LaSalle Incorporated or generate 0.0% return on investment in Jones Lang over 30 days. Jones Lang is related to or competes with ABM Industries, CBRE, Digital Realty, Extra Space, Xinyuan Real. It offers a range of real estate services including agency leasing project and development managementconstruction capita...

Jones Lang Upside/Downside Indicators

  

Jones Lang Market Premium Indicators

Jones Lang LaSalle lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Jones Lang regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Jones Lang LaSalle Backtested Returns

Macroaxis considers Jones Lang to be not too risky. Jones Lang LaSalle holds Efficiency (Sharpe) Ratio of -0.0588 which attests that Jones Lang LaSalle had -0.0588% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining 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. Jones Lang LaSalle exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Jones Lang Market Risk Adjusted Performance of (0.030153) and Risk Adjusted Performance of (0.010665) to validate risk estimate we provide. Macroaxis gives Jones Lang performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 1.3882 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Jones Lang will likely underperform.. Even though it is essential to pay attention to Jones Lang LaSalle current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining 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. Jones Lang LaSalle exposes twenty-one different technical indicators which can help you to evaluate its performance. Jones Lang LaSalle has expected return of -0.0726%. Please be advised to check out Jones Lang Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Jones Lang LaSalle past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.65) 

Very good reverse predictability

Jones Lang LaSalle Incorporated has very good reverse predictability. Overlapping area represents the amount of predictability between Jones Lang time series from November 17, 2017 to December 2, 2017 and December 2, 2017 to December 17, 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 Jones Lang LaSalle price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Jones Lang price fluctuation can be explain by its past prices. Given that Jones Lang LaSalle Incorporated has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Jones Lang for similar time interval.
Correlation Coefficient -0.65
Spearman Rank Test -0.39
Price Variance 3.8
Lagged Price Variance 1.5

Jones Lang Lagged Returns

 Regressed Prices 
      Timeline 

Jones Lang Performance vs DOW

The median price of Jones Lang for the period between Fri, Nov 17, 2017 and Sun, Dec 17, 2017 is 150.24 with a coefficient of variation of 1.18. The daily time series for the period is distributed with a sample standard deviation of 1.78, arithmetic mean of 150.35, and mean deviation of 1.36. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Acquisition by Colin Dyer of 4654 shares of Jones Lang subje...12/14/2017