Advanced Micro Backtesting

AMD -- USA Stock  

USD 15.65  0.15  0.95%

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.
 Time Horizon     30 Days    Login   to change
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Backtest

Advanced Micro 'What if' Analysis

May 25, 2018
0.00
No Change 0.00  0.0%
In 30 days
June 24, 2018
0.00
If you would invest  0.00  in Advanced Micro on May 25, 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 Micron Technology, ON Semiconductor, Flex Ltd, Analog Devices, Arrow Electronics, and AVNET INC. Advanced Micro Devices, Inc. operates as a semiconductor company worldwide

Advanced Micro Upside/Downside Indicators

Downside Deviation3.21
Information Ratio0.31
Maximum Drawdown10.76
Value At Risk4.98
Potential Upside4.88
  

Advanced Micro Market Premium Indicators

Risk Adjusted Performance0.01
Sortino Ratio0.2792

Advanced Micro Devices Backtested Returns

Macroaxis considers Advanced Micro not very volatile given 1 month investment horizon. Advanced Micro Devices secures Sharpe Ratio (or Efficiency) of 0.2645 which signifies that Advanced Micro Devices had 0.2645% 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 0.779% is justified by implied risk. Please makes use of Advanced Micro Devices Downside Deviation of 3.21, Risk Adjusted Performance of 0.01 and Mean Deviation of 2.24 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 17. The firm shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Advanced Micro are completely uncorrelated. 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 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 0.15 

Insignificant predictability

Advanced Micro Devices has insignificant predictability. Overlapping area represents the amount of predictability between Advanced Micro 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 Advanced Micro Devices price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Advanced Micro price fluctuation can be explain by its past prices.
Correlation Coefficient 0.15
Spearman Rank Test -0.02
Price Variance 0.2
Lagged Price Variance 0.65

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 
      Timeline 

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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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Advanced Micro and Micron Technology. 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 Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.