Loews Backtesting

Loews Corporation -- USA Stock  

USD 48.68  0.32  0.65%

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

Loews '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 Loews on September 23, 2017 and sell it all today you would earn a total of 0.00 from holding Loews Corporation or generate 0.0% return on investment in Loews over 30 days. Loews is related to or competes with Berkshire Hathaway, Icahn Enterprises, Leucadia National, Valhi, and Alleghany. Loews Corporation offers management and professional liability insurance and risk management services, and other special...

Loews Upside/Downside Indicators


Loews Market Premium Indicators

Loews lagged returns against current returns

 Current and Lagged Values 

Loews regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Loews Backtested Returns

We consider Loews not too risky. Loews has Sharpe Ratio of 0.1965 which conveys that Loews had 0.1965% 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-eight technical indicators for Loews which you can use to evaluate future volatility of the firm. Please verify Loews Corporation Downside Deviation of 0.5511, Mean Deviation of 0.3325 and Risk Adjusted Performance of 0.0803 to check out if risk estimate we provide are consistent with the epected return of 0.0909%. Loews has performance score of 12 on a scale of 0 to 100. The company secures Beta (Market Risk) of 0.3898 which conveys that as returns on market increase, Loews returns are expected to increase less than the market. However during bear market, the loss on holding Loews will be expected to be smaller as well.. Although it is extremely important to respect Loews price patterns, it is better to be realistic regarding the information on 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 Loews technical indicators you can presently evaluate if the expected return of 0.0909% will be sustainable into the future. Loews right now secures a risk of 0.4626%. Please verify Loews Corporation Value At Risk, and the relationship between Jensen Alpha and Skewness to decide if Loews Corporation will be following its current price movements.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.25 

Poor predictability

Loews Corporation has poor predictability. Overlapping area represents the amount of predictability between Loews 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 Loews price movement. The serial correlation of 0.25 indicates that over 25.0% of current Loews price fluctuation can be explain by its past prices.
Correlation Coefficient 0.25
Spearman Rank Test 0.35
Price Variance 0.03
Lagged Price Variance 0.18

Loews Lagged Returns

 Regressed Prices 

Loews Performance vs DOW

The median price of Loews for the period between Sat, Sep 23, 2017 and Mon, Oct 23, 2017 is 48.66 with a coefficient of variation of 1.04. The daily time series for the period is distributed with a sample standard deviation of 0.51, arithmetic mean of 48.44, and mean deviation of 0.45. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)