ManTech International Backtesting

ManTech International Corporation -- USA Stock  

USD 50.07  0.62  1.22%

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

ManTech International 'What if' Analysis

November 17, 2017
No Change 0.00  0.0%
In 31 days
December 17, 2017
If you would invest  0.00  in ManTech International on November 17, 2017 and sell it all today you would earn a total of 0.00 from holding ManTech International Corporation or generate 0.0% return on investment in ManTech International over 30 days. ManTech International is related to or competes with Fiserv, Amdocs Limited, Red Hat, Intuit, Kingtone Wirelessinfo, and . It offers cyber warfare and cyber defense security solutions and services such as identifying and neutralizing external ...

ManTech International Upside/Downside Indicators


ManTech International Market Premium Indicators

ManTech International lagged returns against current returns

 Current and Lagged Values 

ManTech International regressed lagged prices vs. current prices

 Current vs Lagged Prices 

ManTech International Backtested Returns

Macroaxis considers ManTech International not too risky given 1 month investment horizon. ManTech International has Sharpe Ratio of 0.2411 which conveys that ManTech International had 0.2411% 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 ManTech International which you can use to evaluate future volatility of the firm. Please exercise ManTech International Corporation Downside Deviation of 0.7154, Mean Deviation of 0.7579 and Risk Adjusted Performance of 0.1245 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100 ManTech International holds performance score of 15. The company secures Beta (Market Risk) of 1.273 which conveys that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, ManTech International will likely underperform.. Although it is extremely important to respect ManTech International 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 ManTech International technical indicators you can presently evaluate if the expected return of 0.2284% will be sustainable into the future. Please exercises ManTech International Corporation Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to make a quick decision on weather ManTech International current price movements will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.39) 

Poor reverse predictability

ManTech International Corporation has poor reverse predictability. Overlapping area represents the amount of predictability between ManTech International time series from November 17, 2017 to December 2, 2017 and December 2, 2017 to December 17, 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 ManTech International price movement. The serial correlation of -0.39 indicates that just about 39.0% of current ManTech International price fluctuation can be explain by its past prices. Given that ManTech International Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of ManTech International for similar time interval.
Correlation Coefficient -0.39
Spearman Rank Test -0.54
Price Variance 0.2
Lagged Price Variance 0.67

ManTech International Lagged Returns

 Regressed Prices 

ManTech International Performance vs DOW

The median price of ManTech International for the period between Fri, Nov 17, 2017 and Sun, Dec 17, 2017 is 50.07 with a coefficient of variation of 1.83. The daily time series for the period is distributed with a sample standard deviation of 0.91, arithmetic mean of 49.94, and mean deviation of 0.74. The Stock received some media coverage during the period.
December 7, 2017ManTech International Dividend Paid
Price Growth (%)  
Sale by Mary Bush of 1000 shares of ManTech International12/14/2017