Seattle Genetics Backtesting

SGEN -- USA Stock  

USD 77.50  1.50  1.90%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Seattle Genetics 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.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Seattle Genetics '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 Seattle Genetics on August 23, 2018 and sell it all today you would earn a total of 0.00 from holding Seattle Genetics or generate 0.0% return on investment in Seattle Genetics over 30 days. Seattle Genetics is related to or competes with Vertex Pharmaceuticals, Dr Reddys, Sinovac Biotech, Zoetis, Regeneron Pharmaceuticals, Origin Agritech, and Seattle Genetics. Seattle Genetics, Inc., a biotechnology company, focuses on the development and commercialization of targeted therapies ...

Seattle Genetics Upside/Downside Indicators

Downside Deviation1.89
Information Ratio0.035145
Maximum Drawdown4.3
Value At Risk2.56
Potential Upside1.68
  

Seattle Genetics Market Premium Indicators

Risk Adjusted Performance0.0421
Jensen Alpha0.2805
Total Risk Alpha0.46
Sortino Ratio0.02913
Treynor Ratio0.11

Seattle Genetics Backtested Returns

Macroaxis considers Seattle Genetics not too risky given 1 month investment horizon. Seattle Genetics owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.1387 which indicates Seattle Genetics had 0.1387% 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 stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Seattle Genetics which you can use to evaluate future volatility of the company. Please operate Seattle Genetics Semi Deviation of 1.5, Coefficient Of Variation of 1297.2 and Risk Adjusted Performance of 0.0421 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Seattle Genetics holds performance score of 9. The entity has beta of -1.0204 which indicates . Although it is extremely important to respect Seattle Genetics current price movements, it is better to be realistic regarding the information on 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. By inspecting Seattle Genetics technical indicators you can presently evaluate if the expected return of 0.2176% will be sustainable into the future. Please operates Seattle Genetics Variance as well as the relationship between Value At Risk and Skewness to make a quick decision on weather Seattle Genetics existing price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.19) 

Insignificant reverse predictability

Seattle Genetics has insignificant reverse predictability. Overlapping area represents the amount of predictability between Seattle Genetics 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 Seattle Genetics price movement. The serial correlation of -0.19 indicates that over 19.0% of current Seattle Genetics price fluctuation can be explain by its past prices. Given that Seattle Genetics has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Seattle Genetics for similar time interval.
Correlation Coefficient-0.19
Spearman Rank Test0.1
Residual Average0.0
Price Variance1.73

Seattle Genetics lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Seattle Genetics regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Seattle Genetics Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - SGEN

Seattle Genetics Investor Sentiment

Most of Macroaxis users are at this time bullish on Seattle Genetics. What is your outlook on investing in Seattle Genetics? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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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. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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