Kingtone Wirelessinfo Backtesting

Kingtone Wirelessinfo Solution Holding Ltd -- USA Stock  

USD 3.15  0.17  5.12%

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

Kingtone Wirelessinfo 'What if' Analysis

September 18, 2017
No Change 0.00  0.0%
In 31 days
October 18, 2017
If you would invest  0.00  in Kingtone Wirelessinfo on September 18, 2017 and sell it all today you would earn a total of 0.00 from holding Kingtone Wirelessinfo Solution Holding Ltd or generate 0.0% return on investment in Kingtone Wirelessinfo over 30 days. Kingtone Wirelessinfo is related to or competes with Fiserv, Amdocs Limited, Red Hat, Intuit, ManTech International. Kingtone Wirelessinfo Solution Holding Ltds mobile enterprise solutions allow company personnel whose work function requ...

Kingtone Wirelessinfo Upside/Downside Indicators


Kingtone Wirelessinfo Market Premium Indicators

Kingtone Wirelessinfo lagged returns against current returns

 Current and Lagged Values 

Kingtone Wirelessinfo regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Kingtone Wirelessinfo Backtested Returns

Macroaxis considers Kingtone Wirelessinfo exceptionally risky given 1 month investment horizon. Kingtone Wirelessinfo has Sharpe Ratio of 0.0608 which conveys that Kingtone Wirelessinfo had 0.0608% 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 Kingtone Wirelessinfo which you can use to evaluate future volatility of the firm. Please exercise Kingtone Wirelessinfo Solution Holding Ltd Downside Deviation of 5.7, Mean Deviation of 4.41 and Risk Adjusted Performance of 0.0238 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Kingtone Wirelessinfo holds performance score of 4. The company secures Beta (Market Risk) of 1.977 which conveys that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Kingtone Wirelessinfo will likely underperform.. Although it is vital to follow to Kingtone Wirelessinfo 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 Kingtone Wirelessinfo technical indicators you can presently evaluate if the expected return of 0.3722% will be sustainable into the future. Please exercises Kingtone Wirelessinfo Solution Holding Ltd Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to make a quick decision on weather Kingtone Wirelessinfo current price movements will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.5) 

Modest reverse predictability

Kingtone Wirelessinfo Solution Holding Ltd has modest reverse predictability. Overlapping area represents the amount of predictability between Kingtone Wirelessinfo time series from September 18, 2017 to October 3, 2017 and October 3, 2017 to October 18, 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 Kingtone Wirelessinfo price movement. The serial correlation of -0.5 indicates that about 50.0% of current Kingtone Wirelessinfo price fluctuation can be explain by its past prices. Given that Kingtone Wirelessinfo Solution Holding Ltd has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Kingtone Wirelessinfo for similar time interval.
Correlation Coefficient -0.5
Spearman Rank Test -0.35
Price Variance 0.03
Lagged Price Variance 0.01

Kingtone Wirelessinfo Lagged Returns

 Regressed Prices 

Kingtone Wirelessinfo Performance vs DOW

The median price of Kingtone Wirelessinfo for the period between Mon, Sep 18, 2017 and Wed, Oct 18, 2017 is 3.02 with a coefficient of variation of 6.2. The daily time series for the period is distributed with a sample standard deviation of 0.19, arithmetic mean of 3.07, and mean deviation of 0.16. The Stock received some media coverage during the period.
Price Growth (%)  
Kingtone Wirelessinfo Solution Experiences Lighter than Usua...10/16/2017