VBI Vaccines Inc Backtested Returns
Macroaxis considers VBI Vaccines to be relatively risky. VBI Vaccines Inc
owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.2204 which indicates VBI Vaccines Inc
had -0.2204% of return per unit of volatility over the last 1 month. Macroaxis approach 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
. VBI Vaccines Inc exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate VBI Vaccines Risk Adjusted Performance
of (0.041968) and Market Risk Adjusted Performance of 0.1832 to confirm risk estimate we provide. Macroaxis gives VBI Vaccines performance score of 0 on a scale of 0 to 100. The corporation has beta of -2.4744 which indicates as returns on market increase, returns on owning VBI Vaccines are expected to decrease by larger amounts. On the other hand, during market turmoil, VBI Vaccines is expected to significantly outperform it.. Even though it is essential to pay attention to VBI Vaccines Inc current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis approach 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. VBI Vaccines Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. VBI Vaccines Inc has expected return of -0.4651%. Please be advised to validate VBI Vaccines Coefficient Of Variation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Skewness to decide if VBI Vaccines Inc past performance will be repeated at future time.
|15 days auto-correlation|| 0.51 |
VBI Vaccines Inc has modest predictability. Overlapping area represents the amount of predictability between VBI Vaccines time series from September 20, 2017 to October 5, 2017 and October 5, 2017 to October 20, 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 VBI Vaccines Inc price movement. The serial correlation of 0.51 indicates that about 51.0% of current VBI Vaccines price fluctuation can be explain by its past prices.
|Correlation Coefficient|| 0.51|
|Spearman Rank Test|| 0.77|
|Price Variance|| 0.02|
|Lagged Price Variance|| 0.01|
VBI Vaccines Lagged Returns