UTStarcom Holdings Backtesting

UTStarcom Holdings Corp -- USA Stock  

USD 6.05  0.07  1.17%

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

UTStarcom Holdings 'What if' Analysis

December 21, 2017
No Change 0.00  0.0%
In 31 days
January 20, 2018
If you would invest  0.00  in UTStarcom Holdings on December 21, 2017 and sell it all today you would earn a total of 0.00 from holding UTStarcom Holdings Corp or generate 0.0% return on investment in UTStarcom Holdings over 30 days. UTStarcom Holdings is related to or competes with Sprint, ATT, Verizon Communications, CenturyLink, and Frontier Communications. UTStarcom Holdings Corp offers broadband packet optical transport and wirelessfixedline access solutions and solutions

UTStarcom Holdings Upside/Downside Indicators


UTStarcom Holdings Market Premium Indicators

UTStarcom Holdings Corp lagged returns against current returns

 Current and Lagged Values 

UTStarcom Holdings regressed lagged prices vs. current prices

 Current vs Lagged Prices 

UTStarcom Holdings Corp Backtested Returns

Macroaxis considers UTStarcom Holdings to be unusually risky. UTStarcom Holdings Corp owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0396 which indicates UTStarcom Holdings Corp had -0.0396% of return per unit of standard deviation 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. UTStarcom Holdings Corp exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate UTStarcom Holdings Risk Adjusted Performance of (0.023424) and Coefficient Of Variation of (1,386) to confirm risk estimate we provide. Macroaxis gives UTStarcom Holdings performance score of 0 on a scale of 0 to 100. The entity has beta of 1.9689 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, UTStarcom Holdings will likely underperform.. Even though it is essential to pay attention to UTStarcom Holdings Corp 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. UTStarcom Holdings Corp exposes twenty-one different technical indicators which can help you to evaluate its performance. UTStarcom Holdings Corp has expected return of -0.1005%. Please be advised to validate UTStarcom Holdings Jensen Alpha and Downside Variance to decide if UTStarcom Holdings Corp past performance will be repeated at some future point.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.06 

Virtually no predictability

UTStarcom Holdings Corp has virtually no predictability. Overlapping area represents the amount of predictability between UTStarcom Holdings time series from December 21, 2017 to January 5, 2018 and January 5, 2018 to January 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 UTStarcom Holdings Corp price movement. The serial correlation of 0.06 indicates that barely 6.0% of current UTStarcom Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient 0.06
Spearman Rank Test -0.02
Price Variance 0.02
Lagged Price Variance 0.04

UTStarcom Holdings Lagged Returns

 Regressed Prices 

UTStarcom Holdings Performance vs DOW

The median price of UTStarcom Holdings for the period between Thu, Dec 21, 2017 and Sat, Jan 20, 2018 is 6.08 with a coefficient of variation of 3.18. The daily time series for the period is distributed with a sample standard deviation of 0.19, arithmetic mean of 6.07, and mean deviation of 0.14. The Stock received some media coverage during the period.
Price Growth (%)  
Vocera Communications, Inc. is at 26.43 per share and UTStar...01/18/2018