Zillow Backtesting

Zillow Group Inc -- USA Stock  

USD 41.62  0.48  1.17%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Zillow Group Inc 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
Investment Horizon     30 Days    Login   to change

Zillow 'What if' Analysis

September 18, 2017
No Change 0.00  0.0%
In 31 days
October 18, 2017
If you would invest  0.00  in Zillow on September 18, 2017 and sell it all today you would earn a total of 0.00 from holding Zillow Group Inc or generate 0.0% return on investment in Zillow over 30 days. Zillow is related to or competes with Genpact Limited, NetSuite, Quintiles IMS, Visa, Air Lease. It offers a portfolio of brands and solutions to help people find vital information about homes, and connect with local ...

Zillow Upside/Downside Indicators


Zillow Market Premium Indicators

Zillow Group Inc lagged returns against current returns

 Current and Lagged Values 

Zillow regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Zillow Group Inc Backtested Returns

We consider Zillow not too risky. Zillow Group Inc shows Sharpe Ratio of 0.0886 which attests that Zillow Group Inc had 0.0886% 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 Inc which you can use to evaluate future volatility of the organization. Please check out Zillow Group Inc Market Risk Adjusted Performance of 0.2128, Mean Deviation of 0.8886 and Downside Deviation of 1.2 to validate if risk estimate we provide are consistent with the epected return of 0.0953%. Zillow has performance score of 6 on a scale of 0 to 100. The firm maintains market beta of 0.4418 which attests that as returns on market increase, Zillow returns are expected to increase less than the market. However during bear market, the loss on holding Zillow will be expected to be smaller as well.. Although it is extremely important to respect Zillow Group Inc historical price patterns, it is better to be realistic regarding the information on 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 Inc technical indicators you can presently evaluate if the expected return of 0.0953% will be sustainable into the future. Zillow Group Inc right now maintains a risk of 1.0751%. Please check out Zillow Group Inc Treynor Ratio as well as the relationship between Potential Upside and Expected Short fall to decide if Zillow Group Inc will be following its historical returns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.42) 

Modest reverse predictability

Zillow Group Inc has modest reverse predictability. Overlapping area represents the amount of predictability between Zillow time series from September 18, 2017 to October 3, 2017 and October 3, 2017 to October 18, 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 Zillow Group Inc price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Zillow price fluctuation can be explain by its past prices. Given that Zillow Group Inc 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 -0.42
Spearman Rank Test 0.01
Price Variance 0.12
Lagged Price Variance 0.44

Zillow Lagged Returns

 Regressed Prices 

Zillow Performance vs DOW

The median price of Zillow for the period between Mon, Sep 18, 2017 and Wed, Oct 18, 2017 is 40.95 with a coefficient of variation of 2.63. The daily time series for the period is distributed with a sample standard deviation of 1.07, arithmetic mean of 40.72, and mean deviation of 0.93. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)