Advanced Micro Backtesting

Advanced Micro Devices Inc -- USA Stock  

USD 12.18  0.27  2.27%

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

Advanced Micro 'What if' Analysis

December 19, 2017
0.00
No Change 0.00  0.0%
In 30 days
January 18, 2018
0.00
If you would invest  0.00  in Advanced Micro on December 19, 2017 and sell it all today you would earn a total of 0.00 from holding Advanced Micro Devices Inc or generate 0.0% return on investment in Advanced Micro over 30 days. Advanced Micro is related to or competes with Micron Technology, ON Semiconductor, Flex Ltd, Analog Devices, Arrow Electronics. Advanced Micro Devices Incs solutions primarily include x86 microprocessors as an accelerated processing unit , chipsets...

Advanced Micro Upside/Downside Indicators

  

Advanced Micro Market Premium Indicators

Advanced Micro Devices lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Advanced Micro regressed lagged prices vs. current prices

 Current vs Lagged Prices 
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Advanced Micro Devices Backtested Returns

Macroaxis considers Advanced Micro moderately volatile given 1 month investment horizon. Advanced Micro Devices secures Sharpe Ratio (or Efficiency) of 0.2032 which signifies that Advanced Micro Devices had 0.2032% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By analyzing Advanced Micro Devices technical indicators you can presently evaluate if the expected return of 0.5705% is justified by implied risk. Please makes use of Advanced Micro Devices Downside Deviation of 2.18, Risk Adjusted Performance of 0.1251 and Mean Deviation of 2.33 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Advanced Micro holds performance score of 13. The firm shows Beta (market volatility) of -0.2417 which signifies that as returns on market increase, returns on owning Advanced Micro are expected to decrease at a much smaller rate. During bear market, Advanced Micro is likely to outperform the market.. Although it is vital to follow to Advanced Micro Devices historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards foreseeing 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. We have found twenty-one technical indicators for Advanced Micro Devices Inc which you can use to evaluate performance of the firm. Please makes use of Advanced Micro Devices Treynor Ratio as well as the relationship between Potential Upside and Expected Short fall to make a quick decision on weather Advanced Micro price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.02 

Virtually no predictability

Advanced Micro Devices Inc has virtually no predictability. Overlapping area represents the amount of predictability between Advanced Micro time series from December 19, 2017 to January 3, 2018 and January 3, 2018 to January 18, 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 Advanced Micro Devices price movement. The serial correlation of 0.02 indicates that only 2.0% of current Advanced Micro price fluctuation can be explain by its past prices.
Correlation Coefficient 0.02
Spearman Rank Test -0.04
Price Variance 0.04
Lagged Price Variance 0.12

Advanced Micro Lagged Returns

 Regressed Prices 
      Timeline 

Advanced Micro Performance vs DOW

The median price of Advanced Micro for the period between Tue, Dec 19, 2017 and Thu, Jan 18, 2018 is 10.98 with a coefficient of variation of 6.58. The daily time series for the period is distributed with a sample standard deviation of 0.74, arithmetic mean of 11.25, and mean deviation of 0.67. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Advanced Micro Devices, Inc. Stock Is Not Safe After All01/17/2018