Loews Backtesting

Loews Corporation -- USA Stock  

USD 52.78  1.27  2.47%

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
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

Loews 'What if' Analysis

December 17, 2017
0.00
No Change 0.00  0.0%
In 31 days
January 16, 2018
0.00
If you would invest  0.00  in Loews on December 17, 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 
      Timeline 

Loews regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Loews Backtested Returns

Macroaxis considers Loews not too risky given 1 month investment horizon. Loews has Sharpe Ratio of 0.4074 which conveys that Loews had 0.4074% 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 technical indicators for Loews which you can use to evaluate future volatility of the firm. Please exercise Loews Corporation Coefficient Of Variation of 339.88, Mean Deviation of 0.5488 and Risk Adjusted Performance of 0.1191 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Loews holds performance score of 26. The company secures Beta (Market Risk) of 1.1166 which conveys that Loews returns are very sensitive to returns on the market. as market goes up or down, Loews is expected to follow.. Although it is vital to follow to Loews 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 Loews technical indicators you can presently evaluate if the expected return of 0.2897% will be sustainable into the future. Please exercises Loews Corporation Information Ratio as well as the relationship between Potential Upside and Kurtosis to make a quick decision on weather Loews current price movements will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.42 

Average predictability

Loews Corporation has average predictability. Overlapping area represents the amount of predictability between Loews time series from December 17, 2017 to January 1, 2018 and January 1, 2018 to January 16, 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 Loews price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Loews price fluctuation can be explain by its past prices.
Correlation Coefficient 0.42
Spearman Rank Test 0.43
Price Variance 0.83
Lagged Price Variance 0.04

Loews Lagged Returns

 Regressed Prices 
      Timeline 

Loews Performance vs DOW

The median price of Loews for the period between Sun, Dec 17, 2017 and Tue, Jan 16, 2018 is 50.03 with a coefficient of variation of 1.57. The daily time series for the period is distributed with a sample standard deviation of 0.79, arithmetic mean of 50.32, and mean deviation of 0.59. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Loews Corporation Shares Sold by KBC Group NV12/21/2017