Vericel Backtesting

VCEL -- USA Stock  

USD 13.40  1.30  8.84%

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

Vericel 'What if' Analysis

August 22, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 21, 2018
0.00
If you would invest  0.00  in Vericel on August 22, 2018 and sell it all today you would earn a total of 0.00 from holding Vericel Corporation or generate 0.0% return on investment in Vericel over 30 days. Vericel is related to or competes with Amgen, Novo Nordisk, Gilead Sciences, Biogen, CSL, Celgene, and Shire plc. Vericel Corporation, a commercial-stage biopharmaceutical company, researches, develops, manufactures, markets, and sell...

Vericel Upside/Downside Indicators

Downside Deviation4.1
Information Ratio0.156
Maximum Drawdown24.66
Value At Risk5.60
Potential Upside5.71
  

Vericel Market Premium Indicators

Risk Adjusted Performance0.0787
Jensen Alpha0.7161
Total Risk Alpha0.31
Sortino Ratio0.1958
Treynor Ratio0.4605

Vericel Backtested Returns

Vericel is relatively risky given 1 month investment horizon. Vericel owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.2303 which indicates Vericel had 0.2303% of return per unit of risk over the last 1 month. Our philosophy towards measuring risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.1806% are justified by taking the suggested risk. Use Vericel Semi Deviation of 3.13, Coefficient Of Variation of 568.61 and Risk Adjusted Performance of 0.0787 to evaluate company specific risk that cannot be diversified away. Vericel holds performance score of 15 on a scale of zero to a hundred. The entity has beta of 1.9449 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Vericel will likely underperform.. Although it is vital to follow to Vericel current price movements, it is good to be conservative about what you can actually do with the information regarding equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Vericel Corporation expected return of 1.1806 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable. Use Vericel Jensen Alpha, Potential Upside as well as the relationship between Potential Upside and Skewness to analyze future returns on Vericel.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.51 

Modest predictability

Vericel Corporation has modest predictability. Overlapping area represents the amount of predictability between Vericel time series from August 22, 2018 to September 6, 2018 and September 6, 2018 to September 21, 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 Vericel price movement. The serial correlation of 0.51 indicates that about 51.0% of current Vericel price fluctuation can be explain by its past prices.
Correlation Coefficient0.51
Spearman Rank Test0.81
Residual Average0.0
Price Variance0.18

Vericel lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Vericel regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Vericel Lagged Returns

 Regressed Prices 
      Timeline 

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Also please take a look at Vericel Hype Analysis, Vericel Correlation, Vericel Valuation, Vericel Volatility as well as analyze Vericel Alpha and Beta and Vericel Performance. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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