Kingtone Wirelessinfo Backtesting

Kingtone Wirelessinfo Solution Holding Ltd -- USA Stock  

USD 4.14  0.02  0.49%

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
 Time Horizon     30 Days    Login   to change
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Kingtone Wirelessinfo 'What if' Analysis

January 25, 2018
0.00
No Change 0.00  0.0%
In 31 days
February 24, 2018
0.00
If you would invest  0.00  in Kingtone Wirelessinfo on January 25, 2018 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 Ltd develops and provides mobile enterprise solutions in the Peoples Republic of ...

Kingtone Wirelessinfo Upside/Downside Indicators

  

Kingtone Wirelessinfo Market Premium Indicators

Kingtone Wirelessinfo lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Kingtone Wirelessinfo regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Kingtone Wirelessinfo Backtested Returns

Macroaxis considers Kingtone Wirelessinfo to be extremely volatile. Kingtone Wirelessinfo has Sharpe Ratio of -0.1661 which conveys that Kingtone Wirelessinfo had -0.1661% of return per unit of risk over the last 1 month. Macroaxis philosophy towards estimating 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. Kingtone Wirelessinfo exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Kingtone Wirelessinfo Solution Holding Ltd Mean Deviation of 4.65 and Risk Adjusted Performance of 0.37 to check out risk estimate we provide. Macroaxis gives Kingtone Wirelessinfo performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of -0.4838 which conveys that as returns on market increase, returns on owning Kingtone Wirelessinfo are expected to decrease at a much smaller rate. During bear market, Kingtone Wirelessinfo is likely to outperform the market.. Even though it is essential to pay attention to Kingtone Wirelessinfo price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating 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. Kingtone Wirelessinfo exposes twenty-one different technical indicators which can help you to evaluate its performance. Kingtone Wirelessinfo has expected return of -0.9968%. Please be advised to verify Kingtone Wirelessinfo Solution Holding Ltd Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to decide if Kingtone Wirelessinfo past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.59) 

Good reverse predictability

Kingtone Wirelessinfo Solution Holding Ltd has good reverse predictability. Overlapping area represents the amount of predictability between Kingtone Wirelessinfo time series from January 25, 2018 to February 9, 2018 and February 9, 2018 to February 24, 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 Kingtone Wirelessinfo price movement. The serial correlation of -0.59 indicates that roughly 59.0% 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 -0.59
Spearman Rank Test -0.7
Price Variance 0.03
Lagged Price Variance 0.2

Kingtone Wirelessinfo Lagged Returns

 Regressed Prices 
      Timeline 

Kingtone Wirelessinfo Performance vs DOW

The median price of Kingtone Wirelessinfo for the period between Thu, Jan 25, 2018 and Sat, Feb 24, 2018 is 4.3 with a coefficient of variation of 13.27. The daily time series for the period is distributed with a sample standard deviation of 0.6, arithmetic mean of 4.5, and mean deviation of 0.51. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline