Las Vegas Backtesting

Las Vegas Sands Corp -- USA Stock  

USD 75.05  0.28  0.37%

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
 Time Horizon     30 Days    Login   to change

Las Vegas 'What if' Analysis

February 18, 2018
No Change 0.00  0.0%
In 30 days
March 20, 2018
If you would invest  0.00  in Las Vegas on February 18, 2018 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. Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the U...

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

We consider Las Vegas not too risky. Las Vegas Sands has Sharpe Ratio of 0.0083 which conveys that Las Vegas Sands had 0.0083% 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 Las Vegas which you can use to evaluate future volatility of the firm. Please verify Las Vegas Sands Corp Downside Deviation of 1.84, Mean Deviation of 1.04 and Risk Adjusted Performance of 0.0206 to check out if risk estimate we provide are consistent with the epected return of 0.0139%. Las Vegas has performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of 0.5532 which conveys that as returns on market increase, Las Vegas returns are expected to increase less than the market. However during bear market, the loss on holding Las Vegas will be expected to be smaller as well.. Although it is extremely important to respect Las Vegas Sands 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 Las Vegas Sands technical indicators you can presently evaluate if the expected return of 0.0139% will be sustainable into the future. Las Vegas Sands right now secures a risk of 1.6776%. Please verify Las Vegas Sands Corp Information Ratio and Downside Variance to decide if Las Vegas Sands Corp will be following its current price movements.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.21) 

Weak reverse predictability

Las Vegas Sands Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Las Vegas time series from February 18, 2018 to March 5, 2018 and March 5, 2018 to March 20, 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 Las Vegas Sands price movement. The serial correlation of -0.21 indicates that over 21.0% 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 -0.21
Spearman Rank Test -0.39
Price Variance 2.48
Lagged Price Variance 1.99

Las Vegas Lagged Returns

 Regressed Prices 

Las Vegas Performance vs DOW

The median price of Las Vegas for the period between Sun, Feb 18, 2018 and Tue, Mar 20, 2018 is 74.33 with a coefficient of variation of 2.1. The daily time series for the period is distributed with a sample standard deviation of 1.55, arithmetic mean of 74.0, and mean deviation of 1.26. The Stock received some media coverage during the period.
 Price Growth (%)  
Exercise or conversion by Henry Scott D of 5436 shares of La...03/19/2018