Advanced Micro Backtesting

AMD -- USA Stock  

USD 31.18  0.16  0.52%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Advanced Micro Devices 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.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Advanced Micro 'What if' Analysis

August 24, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 23, 2018
0.00
If you would invest  0.00  in Advanced Micro on August 24, 2018 and sell it all today you would earn a total of 0.00 from holding Advanced Micro Devices or generate 0.0% return on investment in Advanced Micro over 30 days. Advanced Micro is related to or competes with Diodes Incorporated, Aquantia Corp, Cypress Semiconductor, MagnaChip Semiconductor, ON Semiconductor, DSP, and EMCORE. Advanced Micro Devices, Inc. operates as a semiconductor company worldwide

Advanced Micro Upside/Downside Indicators

Downside Deviation2.31
Information Ratio0.3261
Maximum Drawdown16.85
Value At Risk2.35
Potential Upside9.17
  

Advanced Micro Market Premium Indicators

Risk Adjusted Performance0.1755
Jensen Alpha1.87
Total Risk Alpha0.005815
Sortino Ratio0.6183
Treynor Ratio0.96

Advanced Micro Devices Backtested Returns

Advanced Micro is not very volatile given 1 month investment horizon. Advanced Micro Devices secures Sharpe Ratio (or Efficiency) of 0.3013 which signifies that Advanced Micro Devices had 0.3013% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.2568% are justified by taking the suggested risk. Use Advanced Micro Downside Deviation of 2.31, Risk Adjusted Performance of 0.1755 and Mean Deviation of 3.48 to evaluate company specific risk that cannot be diversified away. Advanced Micro holds performance score of 19 on a scale of zero to a hundred. The firm shows Beta (market volatility) of -1.6662 which signifies that as returns on market increase, returns on owning Advanced Micro are expected to decrease by larger amounts. On the other hand, during market turmoil, Advanced Micro is expected to significantly outperform it.. 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. Macroaxis philosophy towards foreseeing future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Advanced Micro Devices expected return of 1.2568 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable. Use Advanced Micro Treynor Ratio as well as the relationship between Potential Upside and Expected Short fall to analyze future returns on Advanced Micro.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.13 

Insignificant predictability

Advanced Micro Devices has insignificant predictability. Overlapping area represents the amount of predictability between Advanced Micro time series from August 24, 2018 to September 8, 2018 and September 8, 2018 to September 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 Advanced Micro Devices price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Advanced Micro price fluctuation can be explain by its past prices.
Correlation Coefficient0.13
Spearman Rank Test0.12
Residual Average0.0
Price Variance0.96

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 Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - AMD

Advanced Micro Devices Investor Sentiment

Predominant part of Macroaxis users are presently bullish on Advanced Micro Devices. What is your sentiment towards investing in Advanced Micro Devices? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Advanced Micro Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Advanced Micro and Diodes Incorporated. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
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. Please also try Financial Widgets module to easily integrated macroaxis content with over 30 different plug-and-play financial widgets.
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