Knowles Backtesting

Knowles Corporation -- USA Stock  

USD 15.68  0.25  1.62%

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

Knowles 'What if' Analysis

September 23, 2017
No Change 0.00  0.0%
In 31 days
October 23, 2017
If you would invest  0.00  in Knowles on September 23, 2017 and sell it all today you would earn a total of 0.00 from holding Knowles Corporation or generate 0.0% return on investment in Knowles over 30 days. Knowles is related to or competes with Escalade Incorporated, Callaway Golf, and Harman International. Knowles Corporation operates in two segments Mobile Consumer Electronics and Specialty Components

Knowles Upside/Downside Indicators


Knowles Market Premium Indicators

Knowles lagged returns against current returns

 Current and Lagged Values 

Knowles regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Knowles Backtested Returns

Macroaxis considers Knowles not too volatile given 1 month investment horizon. Knowles has Sharpe Ratio of 0.1843 which conveys that Knowles had 0.1843% of return per unit of risk over the last 1 month. Our philosophy towards estimating 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-one technical indicators for Knowles which you can use to evaluate future volatility of the firm. Please exercise Knowles Corporation Downside Deviation of 1.83, Mean Deviation of 1.11 and Risk Adjusted Performance of 0.0251 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Knowles holds performance score of 12. The company secures Beta (Market Risk) of 3.2723 which conveys that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Knowles will likely underperform.. Although it is vital to follow to Knowles price patterns, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns. The philosophy towards estimating 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 analyzing Knowles technical indicators you can presently evaluate if the expected return of 0.2626% will be sustainable into the future. Please exercises Knowles Corporation Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to make a quick decision on weather Knowles current price movements will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.26 

Poor predictability

Knowles Corporation has poor predictability. Overlapping area represents the amount of predictability between Knowles time series from September 23, 2017 to October 8, 2017 and October 8, 2017 to October 23, 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 Knowles price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Knowles price fluctuation can be explain by its past prices.
Correlation Coefficient 0.26
Spearman Rank Test 0.11
Price Variance 0.03
Lagged Price Variance 0.11

Knowles Lagged Returns

 Regressed Prices 

Knowles Performance vs DOW

The median price of Knowles for the period between Sat, Sep 23, 2017 and Mon, Oct 23, 2017 is 15.61 with a coefficient of variation of 1.85. The daily time series for the period is distributed with a sample standard deviation of 0.29, arithmetic mean of 15.52, and mean deviation of 0.23. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)