Amazon Com Backtesting

AMZN -- USA Stock  

Fiscal Quarter End: December 31, 2019  

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

Amazon Com 'What if' Analysis

September 16, 2019
0.00
No Change 0.00  0.0 
In 2 months and 31 days
December 15, 2019
0.00
If you would invest  0.00  in Amazon Com on September 16, 2019 and sell it all today you would earn a total of 0.00 from holding Amazon Com or generate 0.0% return on investment in Amazon Com over 90 days. Amazon Com is related to or competes with JD Com, EBay, Etsy, JMU, MEDIFAST INC, Imedia Brands, and Jumei International. Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally

Amazon Com Upside/Downside Indicators

Information Ratio(0.13)
Maximum Drawdown3.46
Value At Risk(1.61)
Potential Upside1.53

Amazon Com Market Premium Indicators

Risk Adjusted Performance(0.037904)
Jensen Alpha(0.12)
Total Risk Alpha(0.14)
Treynor Ratio(0.08)

Amazon Com Backtested Returns

Macroaxis considers Amazon Com to be very steady. Amazon Com secures Sharpe Ratio (or Efficiency) of -0.0388 which signifies that the organization had -0.0388% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Amazon Com exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Amazon Com Mean Deviation of 0.774 and Risk Adjusted Performance of (0.037904) to double-check risk estimate we provide. The firm shows Beta (market volatility) of 0.9132 which signifies that Amazon Com returns are very sensitive to returns on the market. as market goes up or down, Amazon Com is expected to follow. Even though it is essential to pay attention to Amazon Com historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Amazon Com exposes twenty-eight different technical indicators which can help you to evaluate its performance. Amazon Com has expected return of -0.0362%. Please be advised to confirm Amazon Com Coefficient Of Variation, Semi Variance, Price Action Indicator, as well as the relationship between Treynor Ratio and Daily Balance Of Power to decide if Amazon Com past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.33 
correlation synergy

Below average predictability

Amazon Com has below average predictability. Overlapping area represents the amount of predictability between Amazon Com time series from September 16, 2019 to October 31, 2019 and October 31, 2019 to December 15, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Amazon Com price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Amazon Com price fluctuation can be explain by its past prices.
Correlation Coefficient0.33
Spearman Rank Test0.13
Residual Average0.0
Price Variance490.13

Amazon Com lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Amazon Com regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Amazon Com Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - AMZN

Amazon Com Investor Sentiment

Majority of Macroaxis users are presently bullish on Amazon Com. What is your sentiment towards investing in Amazon Com? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Amazon Com Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Amazon Com and JD Com. 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 Amazon Com Hype Analysis, Amazon Com Correlation, Amazon Com Valuation, Amazon Com Volatility as well as analyze Amazon Com Alpha and Beta and Amazon Com Performance. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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