MetLife Backtesting

MET -- USA Stock  

USD 45.66  0.05  0.11%

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

MetLife 'What if' Analysis

May 25, 2018
0.00
No Change 0.00  0.0%
In 30 days
June 24, 2018
0.00
If you would invest  0.00  in MetLife on May 25, 2018 and sell it all today you would earn a total of 0.00 from holding MetLife or generate 0.0% return on investment in MetLife over 30 days. MetLife is related to or competes with Alleghany, Chubb, Everest Re, , Erie Indemnity, American Financial, and AMER INTL. MetLife, Inc. engages in the insurance, annuities, employee benefits, and asset management businesses

MetLife Upside/Downside Indicators

Information Ratio0.17
Maximum Drawdown5.27
Value At Risk1.93
Potential Upside1.62
  

MetLife Market Premium Indicators

Risk Adjusted Performance0.01

MetLife Backtested Returns

Macroaxis considers MetLife to be not too risky. MetLife has Sharpe Ratio of -0.1279 which conveys that MetLife had -0.1279% 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. MetLife exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify MetLife Mean Deviation of 0.9395 and Risk Adjusted Performance of 0.01 to check out risk estimate we provide. Macroaxis gives MetLife performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and MetLife are completely uncorrelated. Even though it is essential to pay attention to MetLife 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. MetLife exposes twenty-one different technical indicators which can help you to evaluate its performance. MetLife has expected return of -0.1981%. Please be advised to verify MetLife Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to decide if MetLife past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.38) 

Poor reverse predictability

MetLife has poor reverse predictability. Overlapping area represents the amount of predictability between MetLife time series from May 25, 2018 to June 9, 2018 and June 9, 2018 to June 24, 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 MetLife price movement. The serial correlation of -0.38 indicates that just about 38.0% of current MetLife price fluctuation can be explain by its past prices. Given that MetLife has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of MetLife for similar time interval.
Correlation Coefficient -0.38
Spearman Rank Test -0.36
Price Variance 0.5
Lagged Price Variance 0.5

MetLife lagged returns against current returns

 Current and Lagged Values 
      Timeline 

MetLife regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

MetLife Lagged Returns

 Regressed Prices 
      Timeline 

Did you try this?

Run Pair Correlation Now
   

Pair Correlation

Compare performance and examine historical correlation between any two equity instruments
All  Next Launch Pair Correlation

Generate Optimal Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see also MetLife Hype Analysis, MetLife Correlation, MetLife Valuation, MetLife Volatility as well as analyze MetLife Alpha and Beta and MetLife Performance. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.