NantKwest Backtesting

NantKwest Inc -- USA Stock  

USD 5.05  0.02  0.39%

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

NantKwest 'What if' Analysis

November 16, 2017
No Change 0.00  0.0%
In 31 days
December 16, 2017
If you would invest  0.00  in NantKwest on November 16, 2017 and sell it all today you would earn a total of 0.00 from holding NantKwest Inc or generate 0.0% return on investment in NantKwest over 30 days. NantKwest is related to or competes with Del Mar, VBI Vaccines, and Vascular Biogenics. NantKwest Incs product candidates include activated natural killer candidates for the treatment of virallyinduced cancer...

NantKwest Upside/Downside Indicators


NantKwest Market Premium Indicators

NantKwest Inc lagged returns against current returns

 Current and Lagged Values 

NantKwest regressed lagged prices vs. current prices

 Current vs Lagged Prices 

NantKwest Inc Backtested Returns

Macroaxis considers NantKwest relatively risky given 1 month investment horizon. NantKwest Inc has Sharpe Ratio of 0.2194 which conveys that NantKwest Inc had 0.2194% 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. By analyzing NantKwest Inc technical indicators you can presently evaluate if the expected return of 0.9232% is justified by implied risk. Please exercise NantKwest Inc Downside Deviation of 2.5, Mean Deviation of 2.71 and Risk Adjusted Performance of 0.1379 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100 NantKwest holds performance score of 14. The company secures Beta (Market Risk) of 0.515 which conveys that as returns on market increase, NantKwest returns are expected to increase less than the market. However during bear market, the loss on holding NantKwest will be expected to be smaller as well.. Although it is vital to follow to NantKwest Inc price patterns, it is good to be conservative about what you can actually do with the information regarding 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. We have found twenty-one technical indicators for NantKwest which you can use to evaluate performance of the firm. Please exercises NantKwest Inc Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to make a quick decision on weather NantKwest Inc current price movements will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.24 

Weak predictability

NantKwest Inc has weak predictability. Overlapping area represents the amount of predictability between NantKwest time series from November 16, 2017 to December 1, 2017 and December 1, 2017 to December 16, 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 NantKwest Inc price movement. The serial correlation of 0.24 indicates that over 24.0% of current NantKwest price fluctuation can be explain by its past prices.
Correlation Coefficient 0.24
Spearman Rank Test -0.36
Price Variance 0.01
Lagged Price Variance 0.04

NantKwest Lagged Returns

 Regressed Prices 

NantKwest Performance vs DOW

The median price of NantKwest for the period between Thu, Nov 16, 2017 and Sat, Dec 16, 2017 is 4.91 with a coefficient of variation of 5.16. The daily time series for the period is distributed with a sample standard deviation of 0.25, arithmetic mean of 4.86, and mean deviation of 0.15. The Stock received some media coverage during the period.
Price Growth (%)  
NantKwest Inc. Plunges 6.14 percent on December 1412/14/2017