500 Backtesting

WBAI -- USA Stock  

USD 16.07  0.26  1.59%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of 500 Limited and determine expected loss or profit from investing in 500 over given investment horizon. See also 500 Hype Analysis, 500 Correlation, 500 Valuation, 500 Volatility as well as analyze 500 Alpha and Beta and 500 Performance.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

500 'What if' Analysis

May 25, 2018
0.00
No Change 0.00  0.0%
In 31 days
June 24, 2018
0.00
If you would invest  0.00  in 500 on May 25, 2018 and sell it all today you would earn a total of 0.00 from holding 500 Limited or generate 0.0% return on investment in 500 over 30 days. 500 is related to or competes with DHX Media, , VirTra, Eros International, AMC Entertainment, and CINEMARK HLDGS. 500.com Limited, through its subsidiaries, provides online gaming services primarily in the Peoples Republic of China an...

500 Upside/Downside Indicators

Maximum Drawdown19.92
Value At Risk9.91
Potential Upside5.4
  

500 Market Premium Indicators

Risk Adjusted Performance0.01

500 Limited Backtested Returns

Macroaxis considers 500 to be relatively risky. 500 Limited retains Efficiency (Sharpe Ratio) of -0.0712 which signifies that 500 Limited had -0.0712% of return per unit of price deviation over the last 1 month. Macroaxis way in which we are foreseeing 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. 500 exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm 500 Limited Standard Deviation of 4.93 and Coefficient Of Variation of 1,676 to double-check risk estimate we provide. Macroaxis gives 500 performance score of 0 on a scale of 0 to 100. The corporation owns Beta (Systematic Risk) of 0.0 which signifies that the returns on MARKET and 500 are completely uncorrelated. Even though it is essential to pay attention to 500 Limited existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis way in which we are foreseeing 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. 500 exposes twenty-one different technical indicators which can help you to evaluate its performance. 500 Limited has expected return of -0.3686%. Please be advised to confirm 500 Limited Jensen Alpha, Semi Variance and the relationship between Standard Deviation and Value At Risk to decide if 500 Limited past performance will be repeated sooner or later.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.52) 

Good reverse predictability

500 Limited has good reverse predictability. Overlapping area represents the amount of predictability between 500 time series from May 25, 2018 to June 9, 2018 and June 9, 2018 to June 24, 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 500 Limited price movement. The serial correlation of -0.52 indicates that about 52.0% of current 500 price fluctuation can be explain by its past prices. Given that 500 Limited has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of 500 for similar time interval.
Correlation Coefficient -0.52
Spearman Rank Test 0.24
Price Variance 0.69
Lagged Price Variance 0.92

500 Limited lagged returns against current returns

 Current and Lagged Values 
      Timeline 

500 regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

500 Lagged Returns

 Regressed Prices 
      Timeline 

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See also 500 Hype Analysis, 500 Correlation, 500 Valuation, 500 Volatility as well as analyze 500 Alpha and Beta and 500 Performance. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.