Zillow Backtesting

Z -- USA Stock  

USD 64.66  3.20  5.21%

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

Zillow 'What if' Analysis

May 24, 2018
No Change 0.00  0.0%
In 31 days
June 23, 2018
If you would invest  0.00  in Zillow on May 24, 2018 and sell it all today you would earn a total of 0.00 from holding Zillow Group or generate 0.0% return on investment in Zillow over 30 days. Zillow is related to or competes with Genpact, NetSuite, Visa, Air Lease, BlackLine, and BROADRIDGE FIN. Zillow Group, Inc. operates real estate and home-related information marketplaces on mobile and the Web in the United St...

Zillow Upside/Downside Indicators

Downside Deviation2.43
Information Ratio0.263
Maximum Drawdown9.58
Value At Risk2.62
Potential Upside2.7

Zillow Market Premium Indicators

Risk Adjusted Performance0.01
Sortino Ratio0.2325

Zillow Group Backtested Returns

Macroaxis considers Zillow not too volatile given 1 month investment horizon. Zillow Group shows Sharpe Ratio of 0.2169 which attests that Zillow Group had 0.2169% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Zillow Group which you can use to evaluate future volatility of the organization. Please utilize Zillow Group Mean Deviation of 1.64 and Downside Deviation of 2.43 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Zillow holds performance score of 14. The firm maintains market beta of 0.0 which attests that the returns on MARKET and Zillow are completely uncorrelated. Although it is vital to follow to Zillow Group historical price patterns, it is good to be conservative about what you can actually do with the information regarding equity current price history. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining Zillow Group technical indicators you can presently evaluate if the expected return of 0.4659% will be sustainable into the future. Please utilizes Zillow Group Treynor Ratio as well as the relationship between Potential Upside and Expected Short fall to make a quick decision on weather Zillow Group historical returns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.20) 

Insignificant reverse predictability

Zillow Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Zillow time series from May 24, 2018 to June 8, 2018 and June 8, 2018 to June 23, 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 Zillow Group price movement. The serial correlation of -0.2 indicates that over 20.0% of current Zillow price fluctuation can be explain by its past prices. Given that Zillow Group has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Zillow for similar time interval.
Correlation Coefficient -0.2
Spearman Rank Test -0.05
Price Variance 1.78
Lagged Price Variance 6.3

Zillow Group lagged returns against current returns

 Current and Lagged Values 

Zillow regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Zillow Lagged Returns

 Regressed Prices 

Current Sentiment - Z

Zillow Group Investor Sentiment
More than half of Macroaxis users are at this time bullish on Zillow Group. What is your take regarding investing in Zillow Group? Are you bullish or bearish?
98% Bullish
2% Bearish
Also Currentnly Active
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See also Zillow Hype Analysis, Zillow Correlation, Zillow Valuation, Zillow Volatility as well as analyze Zillow Alpha and Beta and Zillow Performance. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.