Las Vegas Backtesting

Las Vegas Sands Corp -- USA Stock  

USD 62.31  0.49  0.78%

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

Las Vegas 'What if' Analysis

September 18, 2017
No Change 0.00  0.0%
In 30 days
October 18, 2017
If you would invest  0.00  in Las Vegas on September 18, 2017 and sell it all today you would earn a total of 0.00 from holding Las Vegas Sands Corp or generate 0.0% return on investment in Las Vegas over 30 days. Las Vegas is related to or competes with Hyatt Hotels, Expedia, Wynn Resorts, Carnival, Hilton Worldwide, and Host Hotels. It owns and operates The Venetian Macao Resort Hotel Sands Cotai Central the Four Seasons Hotel Macao Cotai Strip the Pl...

Las Vegas Upside/Downside Indicators


Las Vegas Market Premium Indicators

Las Vegas Sands lagged returns against current returns

 Current and Lagged Values 

Las Vegas regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Las Vegas Sands Backtested Returns

Macroaxis considers Las Vegas to be not too risky. Las Vegas Sands has Sharpe Ratio of -0.0772 which conveys that Las Vegas Sands had -0.0772% 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. Las Vegas exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Las Vegas Sands Corp Mean Deviation of 0.8621 and Risk Adjusted Performance of (0.010057) to check out risk estimate we provide. Macroaxis gives Las Vegas performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of 2.27 which conveys that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Las Vegas will likely underperform.. Even though it is essential to pay attention to Las Vegas Sands 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. Las Vegas exposes twenty-one different technical indicators which can help you to evaluate its performance. Las Vegas Sands has expected return of -0.0852%. Please be advised to verify Las Vegas Sands Corp Information Ratio and Downside Variance to decide if Las Vegas Sands past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.25) 

Weak reverse predictability

Las Vegas Sands Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Las Vegas 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 Las Vegas Sands price movement. The serial correlation of -0.25 indicates that over 25.0% of current Las Vegas price fluctuation can be explain by its past prices. Given that Las Vegas Sands Corp has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Las Vegas for similar time interval.
Correlation Coefficient -0.25
Spearman Rank Test -0.48
Price Variance 1.34
Lagged Price Variance 0.51

Las Vegas Lagged Returns

 Regressed Prices 

Las Vegas Performance vs DOW

The median price of Las Vegas for the period between Mon, Sep 18, 2017 and Wed, Oct 18, 2017 is 63.63 with a coefficient of variation of 1.54. The daily time series for the period is distributed with a sample standard deviation of 0.98, arithmetic mean of 63.63, and mean deviation of 0.74. The Stock received some media coverage during the period.
Price Growth (%)  
Las Vegas Sands Corp., Nevada Partnership for Homeless Youth...10/17/2017