Otis Gold Backtesting

OGLDF -- USA Stock  

USD 0.11  0.0117  9.61%

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

Otis Gold 'What if' Analysis

August 23, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 22, 2018
0.00
If you would invest  0.00  in Otis Gold on August 23, 2018 and sell it all today you would earn a total of 0.00 from holding Otis Gold Corp or generate 0.0% return on investment in Otis Gold over 30 days. Otis Gold is related to or competes with Amazon, Vedanta, Hero MotoCorp, CHINA LIFE, Megaworld, Metro Pacific, and HSBC Holdings. Otis Gold Corp., together with its subsidiary, engages in the acquisition, exploration, and development of precious meta...

Otis Gold Upside/Downside Indicators

Information Ratio0.06
Maximum Drawdown33.84
Value At Risk11.11
Potential Upside9.09
  

Otis Gold Market Premium Indicators

Risk Adjusted Performance0.007072
Jensen Alpha0.2434
Total Risk Alpha3.39
Treynor Ratio0.0939

Otis Gold Corp Backtested Returns

Macroaxis considers Otis Gold to be abnormally risky. Otis Gold Corp maintains Sharpe Ratio (i.e. Efficiency) of -0.0825 which implies Otis Gold Corp had -0.0825% of return per unit of risk over the last 1 month. Macroaxis philosophy towards forecasting 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. Otis Gold Corp exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Otis Gold Corp Coefficient Of Variation of 2,749 and Risk Adjusted Performance of 0.007072 to confirm risk estimate we provide. Macroaxis gives Otis Gold performance score of 0 on a scale of 0 to 100. The organization holds Beta of -3.3692 which implies as returns on market increase, returns on owning Otis Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Otis Gold is expected to significantly outperform it.. Even though it is essential to pay attention to Otis Gold Corp current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting 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. Otis Gold Corp exposes twenty-one different technical indicators which can help you to evaluate its performance. Otis Gold Corp has expected return of -0.695%. Please be advised to check Otis Gold Corp Variance and the relationship between Treynor Ratio and Expected Short fall to decide if Otis Gold Corp past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.51 

Modest predictability

Otis Gold Corp has modest predictability. Overlapping area represents the amount of predictability between Otis Gold time series from August 23, 2018 to September 7, 2018 and September 7, 2018 to September 22, 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 Otis Gold Corp price movement. The serial correlation of 0.51 indicates that about 51.0% of current Otis Gold price fluctuation can be explain by its past prices.
Correlation Coefficient0.51
Spearman Rank Test-0.03
Residual Average0.0
Price Variance0.0

Otis Gold Corp lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Otis Gold regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Otis Gold Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - OGLDF

Otis Gold Corp Investor Sentiment

Macroaxis portfolio users are evenly split in their perspective on investing in Otis Gold Corp. What is your perspective on investing in Otis Gold Corp? Are you bullish or bearish?
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Additionally take a look at Otis Gold Hype Analysis, Otis Gold Correlation, Otis Gold Valuation, Otis Gold Volatility as well as analyze Otis Gold Alpha and Beta and Otis Gold Performance. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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