SP Plus Backtesting

SP Plus Corporation -- USA Stock  

USD 37.17  0.03  0.0806%

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

SP Plus 'What if' Analysis

February 18, 2018
No Change 0.00  0.0%
In 31 days
March 20, 2018
If you would invest  0.00  in SP Plus on February 18, 2018 and sell it all today you would earn a total of 0.00 from holding SP Plus Corporation or generate 0.0% return on investment in SP Plus over 30 days. SP Plus is related to or competes with Ryder System, China Distance, GK Services, Dolphin Entertainment. SP Plus Corporation provides parking management, ground transportation, and other ancillary services to commercial, inst...

SP Plus Upside/Downside Indicators


SP Plus Market Premium Indicators

SP Plus lagged returns against current returns

 Current and Lagged Values 

SP Plus regressed lagged prices vs. current prices

 Current vs Lagged Prices 

SP Plus Backtested Returns

We consider SP Plus not too volatile. SP Plus retains Efficiency (Sharpe Ratio) of 0.1286 which indicates SP Plus had 0.1286% of return per unit of price deviation over the last 1 month. Our approach towards measuring volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for SP Plus which you can use to evaluate future volatility of the company. Please validate SP Plus Corporation Mean Deviation of 1.38, Risk Adjusted Performance of 0.0685 and Downside Deviation of 1.92 to confirm if risk estimate we provide are consistent with the epected return of 0.1892%. SP Plus has performance score of 8 on a scale of 0 to 100. The entity owns Beta (Systematic Risk) of -0.6982 which indicates as returns on market increase, returns on owning SP Plus are expected to decrease at a much smaller rate. During bear market, SP Plus is likely to outperform the market.. Although it is extremely important to respect SP Plus existing price patterns, it is better to be realistic regarding the information on equity price patterns. The approach 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 analyzing SP Plus technical indicators you can at this time evaluate if the expected return of 0.1892% will be sustainable into the future. SP Plus at this moment owns a risk of 1.4718%. Please validate SP Plus Corporation Value At Risk, and the relationship between Information Ratio and Kurtosis to decide if SP Plus Corporation will be following its current price history.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.03 

Virtually no predictability

SP Plus Corporation has virtually no predictability. Overlapping area represents the amount of predictability between SP Plus time series from February 18, 2018 to March 5, 2018 and March 5, 2018 to March 20, 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 SP Plus price movement. The serial correlation of 0.03 indicates that only 3.0% of current SP Plus price fluctuation can be explain by its past prices.
Correlation Coefficient 0.03
Spearman Rank Test 0.31
Price Variance 0.25
Lagged Price Variance 0.18

SP Plus Lagged Returns

 Regressed Prices 

SP Plus Performance vs DOW

The median price of SP Plus for the period between Sun, Feb 18, 2018 and Tue, Mar 20, 2018 is 36.55 with a coefficient of variation of 2.01. The daily time series for the period is distributed with a sample standard deviation of 0.73, arithmetic mean of 36.58, and mean deviation of 0.61. The Stock received some media coverage during the period.
 Price Growth (%)  
Acquisition by Robert Sacks of 3108 shares of SP Plus subjec...02/26/2018
Lionstone Capital Management Trimmed Position in Sp Plus as ...03/19/2018