Seattle Genetics Backtesting

Seattle Genetics Inc -- USA Stock  

USD 64.01  0.15  0.23%

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

Seattle Genetics 'What if' Analysis

September 22, 2017
No Change 0.00  0.0%
In 31 days
October 22, 2017
If you would invest  0.00  in Seattle Genetics on September 22, 2017 and sell it all today you would earn a total of 0.00 from holding Seattle Genetics Inc or generate 0.0% return on investment in Seattle Genetics over 30 days. Seattle Genetics is related to or competes with Quintiles IMS, Vertex Pharmaceuticals, Endo International, Abbott Laboratories, Allergan plc, and Bio Rad. It markets ADCETRIS an antibodydrug conjugate for the treatment of relapsed Hodgkin lymphoma and relapsed systemic anapl...

Seattle Genetics Upside/Downside Indicators


Seattle Genetics Market Premium Indicators

Seattle Genetics Inc lagged returns against current returns

 Current and Lagged Values 

Seattle Genetics regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Seattle Genetics Inc Backtested Returns

Macroaxis considers Seattle Genetics not too risky given 1 month investment horizon. Seattle Genetics Inc owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.4222 which indicates Seattle Genetics Inc had 0.4222% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By inspecting Seattle Genetics Inc technical indicators you can presently evaluate if the expected return of 0.9628% is justified by implied risk. Please operate Seattle Genetics Downside Deviation of 0.9847, Standard Deviation of 2.23 and Risk Adjusted Performance of 0.1217 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Seattle Genetics holds performance score of 28. The entity has beta of 1.7619 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Seattle Genetics will likely underperform.. Although it is vital to follow to Seattle Genetics Inc current price movements, it is good to be conservative about what you can actually do with the information regarding equity historical returns. The philosophy towards measuring 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 technical indicators for Seattle Genetics Inc which you can use to evaluate performance of the company. Please operates Seattle Genetics Information Ratio as well as the relationship between Potential Upside and Kurtosis to make a quick decision on weather Seattle Genetics Inc existing price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.77 

Good predictability

Seattle Genetics Inc has good predictability. Overlapping area represents the amount of predictability between Seattle Genetics time series from September 22, 2017 to October 7, 2017 and October 7, 2017 to October 22, 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 Seattle Genetics Inc price movement. The serial correlation of 0.77 indicates that around 77.0% of current Seattle Genetics price fluctuation can be explain by its past prices.
Correlation Coefficient 0.77
Spearman Rank Test 0.96
Price Variance 5.48
Lagged Price Variance 6.37

Seattle Genetics Lagged Returns

 Regressed Prices 

Seattle Genetics Performance vs DOW

The median price of Seattle Genetics for the period between Fri, Sep 22, 2017 and Sun, Oct 22, 2017 is 58.24 with a coefficient of variation of 7.31. The daily time series for the period is distributed with a sample standard deviation of 4.26, arithmetic mean of 58.31, and mean deviation of 3.52. The Stock received some media coverage during the period.
Price Growth (%)  
Exercise or conversion by Clay Siegall of 9017 shares of Sea...09/28/2017
Seattle Genetics, Inc. A Blessing In Disguise For Investors10/20/2017