Union Street Backtesting

Union Street Partners Value A -- USA Fund  

USD 16.89  0.06  0.36%

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
Investment Horizon     30 Days    Login   to change
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Backtest

Union Street 'What if' Analysis

October 24, 2017
0.00
No Change 0.00  0.0%
In 31 days
November 23, 2017
0.00
If you would invest  0.00  in Union Street on October 24, 2017 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 American Funds, American Funds, Washington Mutual, American Funds, American Funds, and American Funds. The investment seeks to achieve capital appreciation

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

We consider Union Street not too risky. Union Street Partners owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0022 which indicates Union Street Partners had 0.0022% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a fund is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Union Street Partners Value A which you can use to evaluate future volatility of the fund. Please validate Union Street Semi Deviation of 0.582, Coefficient Of Variation of 43755.68 and Risk Adjusted Performance of 0.0028 to confirm if risk estimate we provide are consistent with the epected return of 0.001%. The entity has beta of -0.0604 which indicates as returns on market increase, returns on owning Union Street are expected to decrease at a much smaller rate. During bear market, Union Street is likely to outperform the market.. Although it is extremely important to respect Union Street Partners current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting Union Street Partners technical indicators you can presently evaluate if the expected return of 0.001% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.71) 

Almost perfect reverse predictability

Union Street Partners Value A has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Union Street time series from October 24, 2017 to November 8, 2017 and November 8, 2017 to November 23, 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 Union Street Partners price movement. The serial correlation of -0.71 indicates that around 71.0% 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 -0.71
Spearman Rank Test -0.27
Price Variance 0.01
Lagged Price Variance 0.01

Union Street Lagged Returns

 Regressed Prices 
      Timeline 

Union Street Performance vs DOW

The median price of Union Street for the period between Tue, Oct 24, 2017 and Thu, Nov 23, 2017 is 16.98 with a coefficient of variation of 0.78. The daily time series for the period is distributed with a sample standard deviation of 0.13, arithmetic mean of 16.93, and mean deviation of 0.11. The Fund did not receive any noticable media coverage during the period.
Price Growth (%)  
      Timeline