Union Street Backtesting

Union Street Partners Value A -- USA Fund  

USD 17.77  0.09  0.51%

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

Union Street 'What if' Analysis

January 23, 2018
0.00
No Change 0.00  0.0%
In 30 days
February 22, 2018
0.00
If you would invest  0.00  in Union Street on January 23, 2018 and sell it all today you would earn a total of 0.00 from holding Union Street Partners Value A or generate 0.0% return on investment in Union Street over 30 days. Union Street is related to or competes with Vanguard Value, American Funds, American Funds, American Funds, and MFS Value.

Union Street Upside/Downside Indicators

  

Union Street Market Premium Indicators

Union Street Partners lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Union Street regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Union Street Partners Backtested Returns

Macroaxis considers Union Street to be not very risky. Union Street Partners owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.2332 which indicates Union Street Partners had -0.2332% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Union Street Partners Value A exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Union Street Coefficient Of Variation of 657.07 and Risk Adjusted Performance of 0.26 to confirm risk estimate we provide. The entity has beta of 0.3109 which indicates as returns on market increase, Union Street returns are expected to increase less than the market. However during bear market, the loss on holding Union Street will be expected to be smaller as well.. Even though it is essential to pay attention to Union Street Partners current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Union Street Partners Value A exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.08) 

Very weak reverse predictability

Union Street Partners Value A has very weak reverse predictability. Overlapping area represents the amount of predictability between Union Street 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 Union Street Partners price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Union Street price fluctuation can be explain by its past prices. Given that Union Street Partners Value A has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Union Street for similar time interval.
Correlation Coefficient -0.08
Spearman Rank Test -0.71
Price Variance 0.03
Lagged Price Variance 0.02

Union Street Lagged Returns

 Regressed Prices 
      Timeline 

Union Street Performance vs DOW

The median price of Union Street for the period between Tue, Jan 23, 2018 and Thu, Feb 22, 2018 is 18.6 with a coefficient of variation of 3.2. The daily time series for the period is distributed with a sample standard deviation of 0.59, arithmetic mean of 18.3, and mean deviation of 0.53. The Fund did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline