Seattle Genetics Backtesting

Seattle Genetics Inc -- USA Stock  

USD 53.78  0.33  0.61%

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
 Time Horizon     30 Days    Login   to change
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Backtest

Seattle Genetics 'What if' Analysis

January 23, 2018
0.00
No Change 0.00  0.0%
In 31 days
February 22, 2018
0.00
If you would invest  0.00  in Seattle Genetics on January 23, 2018 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 Vertex Pharmaceuticals, Endo International, Abbott Laboratories, Allergan plc, and Bio Rad. Seattle Genetics, Inc., a biotechnology company, focuses on the development and commercialization of targeted therapies ...

Seattle Genetics Upside/Downside Indicators

  

Seattle Genetics Market Premium Indicators

Seattle Genetics Inc 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 Inc Backtested Returns

Macroaxis considers Seattle Genetics to be not too volatile. Seattle Genetics Inc owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0336 which indicates Seattle Genetics Inc had -0.0336% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring 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. Seattle Genetics Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Seattle Genetics Coefficient Of Variation of 1,396 and Risk Adjusted Performance of 0.12 to confirm risk estimate we provide. Macroaxis gives Seattle Genetics performance score of 0 on a scale of 0 to 100. The entity has beta of 0.7805 which indicates as returns on market increase, Seattle Genetics returns are expected to increase less than the market. However during bear market, the loss on holding Seattle Genetics will be expected to be smaller as well.. Even though it is essential to pay attention to Seattle Genetics Inc current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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. Seattle Genetics Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Seattle Genetics Inc has expected return of -0.0974%. Please be advised to validate Seattle Genetics Variance as well as the relationship between Value At Risk and Skewness to decide if Seattle Genetics Inc past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.53) 

Good reverse predictability

Seattle Genetics Inc has good reverse predictability. Overlapping area represents the amount of predictability between Seattle Genetics time series from January 23, 2018 to February 7, 2018 and February 7, 2018 to February 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 Inc price movement. The serial correlation of -0.53 indicates that about 53.0% of current Seattle Genetics price fluctuation can be explain by its past prices. Given that Seattle Genetics Inc 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 -0.53
Spearman Rank Test -0.29
Price Variance 2.43
Lagged Price Variance 1.75

Seattle Genetics Lagged Returns

 Regressed Prices 
      Timeline 

Seattle Genetics Performance vs DOW

The median price of Seattle Genetics for the period between Tue, Jan 23, 2018 and Thu, Feb 22, 2018 is 54.24 with a coefficient of variation of 3.52. The daily time series for the period is distributed with a sample standard deviation of 1.91, arithmetic mean of 54.13, and mean deviation of 1.5. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
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