Ryder System Backtesting

Ryder System Inc -- USA Stock  

USD 72.61  3.68  4.82%

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

Ryder System 'What if' Analysis

February 20, 2018
No Change 0.00  0.0%
In 31 days
March 22, 2018
If you would invest  0.00  in Ryder System on February 20, 2018 and sell it all today you would earn a total of 0.00 from holding Ryder System Inc or generate 0.0% return on investment in Ryder System over 30 days. Ryder System is related to or competes with Werner Enterprises, Expeditors International, Brinks, CSX, and FedEx. Ryder System, Inc. provides transportation and supply chain management solutions worldwide

Ryder System Upside/Downside Indicators


Ryder System Market Premium Indicators

Ryder System Inc lagged returns against current returns

 Current and Lagged Values 

Ryder System regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Ryder System Inc Backtested Returns

Macroaxis considers Ryder System to be not too risky. Ryder System Inc maintains Sharpe Ratio (i.e. Efficiency) of -0.0751 which implies Ryder System Inc had -0.0751% 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. Ryder System Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Ryder System Inc to confirm risk estimate we provide. Macroaxis gives Ryder System performance score of 0 on a scale of 0 to 100. The organization holds Beta of 0.0 which implies the returns on MARKET and Ryder System are completely uncorrelated. Even though it is essential to pay attention to Ryder System Inc 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. Ryder System Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Ryder System Inc has expected return of -0.1317%. Please be advised to check Ryder System Inc Semi Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Semi Variance to decide if Ryder System Inc past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.12 

Insignificant predictability

Ryder System Inc has insignificant predictability. Overlapping area represents the amount of predictability between Ryder System time series from February 20, 2018 to March 7, 2018 and March 7, 2018 to March 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 Ryder System Inc price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Ryder System price fluctuation can be explain by its past prices.
Correlation Coefficient 0.12
Spearman Rank Test -0.39
Price Variance 1.86
Lagged Price Variance 1.34

Ryder System Lagged Returns

 Regressed Prices 

Ryder System Performance vs DOW

 Price Growth (%)