Knowles Backtesting

Knowles Corporation -- USA Stock  

USD 16.29  0.12  0.74%

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
 Time Horizon     30 Days    Login   to change

Knowles 'What if' Analysis

December 18, 2017
No Change 0.00  0.0%
In 31 days
January 17, 2018
If you would invest  0.00  in Knowles on December 18, 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, Funko, and Callaway Golf. 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 0.2407 which conveys that Knowles had 0.2407% 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 1.26, Mean Deviation of 1.41 and Risk Adjusted Performance of 0.121 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Knowles holds performance score of 15. The company secures Beta (Market Risk) of 0.7871 which conveys that as returns on market increase, Knowles returns are expected to increase less than the market. However during bear market, the loss on holding Knowles will be expected to be smaller as well.. 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 0.3398% 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(0.47) 

Modest reverse predictability

Knowles Corporation has modest reverse predictability. Overlapping area represents the amount of predictability between Knowles time series from December 18, 2017 to January 2, 2018 and January 2, 2018 to January 17, 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 Knowles price movement. The serial correlation of -0.47 indicates that about 47.0% of current Knowles price fluctuation can be explain by its past prices. Given that Knowles Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Knowles for similar time interval.
Correlation Coefficient -0.47
Spearman Rank Test -0.54
Price Variance 0.13
Lagged Price Variance 0.06

Knowles Lagged Returns

 Regressed Prices 

Knowles Performance vs DOW

The median price of Knowles for the period between Mon, Dec 18, 2017 and Wed, Jan 17, 2018 is 15.24 with a coefficient of variation of 3.55. The daily time series for the period is distributed with a sample standard deviation of 0.54, arithmetic mean of 15.24, and mean deviation of 0.43. The Stock received some media coverage during the period.
Price Growth (%)  
Brokerages Anticipate Knowles Corporation Will Post Earnings...12/27/2017
What Are the Numbers Saying About Knowles Corp01/16/2018