NACCO Industries Backtesting

NACCO Industries Inc -- USA Stock  

USD 41.2  0.15  0.37%

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

NACCO Industries 'What if' Analysis

November 14, 2017
No Change 0.00  0.0%
In 31 days
December 14, 2017
If you would invest  0.00  in NACCO Industries on November 14, 2017 and sell it all today you would earn a total of 0.00 from holding NACCO Industries Inc or generate 0.0% return on investment in NACCO Industries over 30 days. NACCO Industries is related to or competes with Colgate Palmolive, Este Lauder, Procter Gamble, Ralph Lauren, and Under Armour. Nacco Industries Inc mines and supplies lignite and subbituminous coal for electric utilities independent power provider...

NACCO Industries Upside/Downside Indicators


NACCO Industries Market Premium Indicators

NACCO Industries Inc lagged returns against current returns

 Current and Lagged Values 

NACCO Industries regressed lagged prices vs. current prices

 Current vs Lagged Prices 

NACCO Industries Inc Backtested Returns

Macroaxis considers NACCO Industries to be not too volatile. NACCO Industries Inc retains Efficiency (Sharpe Ratio) of -0.11 which conveys that NACCO Industries Inc had -0.11% of return per unit of risk over the last 1 month. Macroaxis approach 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. NACCO Industries exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify NACCO Industries Inc Market Risk Adjusted Performance of (2.87) and Mean Deviation of 1.64 to check out risk estimate we provide. Macroaxis gives NACCO Industries performance score of 0 on a scale of 0 to 100. The corporation owns Beta (Systematic Risk) of 0.0803 which conveys that as returns on market increase, NACCO Industries returns are expected to increase less than the market. However during bear market, the loss on holding NACCO Industries will be expected to be smaller as well.. Even though it is essential to pay attention to NACCO Industries Inc existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis approach 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. NACCO Industries exposes twenty-one different technical indicators which can help you to evaluate its performance. NACCO Industries Inc has expected return of -0.2263%. Please be advised to verify NACCO Industries Inc Treynor Ratio, and the relationship between Standard Deviation and Downside Variance to decide if NACCO Industries Inc past performance will be repeated in the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.53) 

Good reverse predictability

NACCO Industries Inc has good reverse predictability. Overlapping area represents the amount of predictability between NACCO Industries time series from November 14, 2017 to November 29, 2017 and November 29, 2017 to December 14, 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 NACCO Industries Inc price movement. The serial correlation of -0.53 indicates that about 53.0% of current NACCO Industries price fluctuation can be explain by its past prices. Given that NACCO Industries Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of NACCO Industries for similar time interval.
Correlation Coefficient -0.53
Spearman Rank Test 0.14
Price Variance 1.14
Lagged Price Variance 2.41

NACCO Industries Lagged Returns

 Regressed Prices 

NACCO Industries Performance vs DOW

The median price of NACCO Industries for the period between Tue, Nov 14, 2017 and Thu, Dec 14, 2017 is 43.45 with a coefficient of variation of 5.11. The daily time series for the period is distributed with a sample standard deviation of 2.22, arithmetic mean of 43.4, and mean deviation of 1.78. The Stock received some media coverage during the period.
November 30, 2017NACCO Industries Dividend Paid
Price Growth (%)  
Goldman Sachs Group Inc. Has 568000 Holdings in NACCO Indust...11/21/2017
NACCO Industries exotic insider transaction detected12/13/2017