VOXX International Backtesting

VOXX International Corporation -- USA Stock  

USD 5.05  0.15  3.06%

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

VOXX International 'What if' Analysis

February 18, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
April 19, 2018
0.00
If you would invest  0.00  in VOXX International on February 18, 2018 and sell it all today you would earn a total of 0.00 from holding VOXX International Corporation or generate 0.0% return on investment in VOXX International over 60 days. VOXX International is related to or competes with Adams Resources, Ingram Micro, Reliance Steel, DXP Enterprises, Veritiv, and EDUCATIONAL DEV. VOXX International Corporation, together with its subsidiaries, operates as a manufacturer and distributor in the automo...

VOXX International Upside/Downside Indicators

Information Ratio0.034248
Maximum Drawdown10.41
Value At Risk4.04
Potential Upside3.06
  

VOXX International Market Premium Indicators

Risk Adjusted Performance0.07074
Jensen Alpha0.11
Total Risk Alpha0.068442
Treynor Ratio2.54

VOXX International Backtested Returns

Macroaxis considers VOXX International to be unusually risky. VOXX International owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0448 which indicates VOXX International had -0.0448% of return per unit of risk over the last 2 months. Macroaxis approach into 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. VOXX International Corporation exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate VOXX International Coefficient Of Variation of 2,298 and Risk Adjusted Performance of 0.07074 to confirm risk estimate we provide. Macroaxis gives VOXX International performance score of 0 on a scale of 0 to 100. The entity has beta of 0.0446 which indicates as returns on market increase, VOXX International returns are expected to increase less than the market. However during bear market, the loss on holding VOXX International will be expected to be smaller as well.. Even though it is essential to pay attention to VOXX International current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis approach into 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. VOXX International Corporation exposes twenty-one different technical indicators which can help you to evaluate its performance. VOXX International has expected return of -0.1086%. Please be advised to validate VOXX International Downside Deviation, Treynor Ratio, Expected Short fall, as well as the relationship between Variance and Potential Upside to decide if VOXX International past performance will be repeated at some future point.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.48) 

Modest reverse predictability

VOXX International Corporation has modest reverse predictability. Overlapping area represents the amount of predictability between VOXX International time series from February 18, 2018 to March 20, 2018 and March 20, 2018 to April 19, 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 VOXX International price movement. The serial correlation of -0.48 indicates that about 48.0% of current VOXX International price fluctuation can be explain by its past prices. Given that VOXX International Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of VOXX International for similar time interval.
Correlation Coefficient -0.48
Spearman Rank Test -0.07
Price Variance 0.03
Lagged Price Variance 0.03

VOXX International lagged returns against current returns

 Current and Lagged Values 
      Timeline 

VOXX International regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

VOXX International Lagged Returns

 Regressed Prices 
      Timeline 

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Also please take a look at VOXX International Hype Analysis, VOXX International Correlation, VOXX International Valuation, VOXX International Volatility as well as analyze VOXX International Alpha and Beta and VOXX International Performance. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.