Antero Resources Backtesting

Antero Resources Corporation -- USA Stock  

USD 20.42  0.66  3.34%

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

Antero Resources 'What if' Analysis

February 20, 2018
No Change 0.00  0.0%
In 2 months and 1 day
April 21, 2018
If you would invest  0.00  in Antero Resources on February 20, 2018 and sell it all today you would earn a total of 0.00 from holding Antero Resources Corporation or generate 0.0% return on investment in Antero Resources over 60 days. Antero Resources is related to or competes with Diamond Offshore, Helmerich Payne, Noble plc, Parsley Energy, Diamondback Energy, and CONTINENTAL RESRC. Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, produces, and develops nat...

Antero Resources Upside/Downside Indicators

Downside Deviation1.89
Information Ratio0.0744
Maximum Drawdown7.59
Value At Risk2.82
Potential Upside3.21

Antero Resources Market Premium Indicators

Risk Adjusted Performance0.1034
Jensen Alpha0.1156
Total Risk Alpha0.1469
Sortino Ratio0.0751
Treynor Ratio0.382

Antero Resources Backtested Returns

We consider Antero Resources not too volatile. Antero Resources secures Sharpe Ratio (or Efficiency) of 0.0858 which signifies that Antero Resources had 0.0858% of return per unit of risk over the last 2 months. 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. We have found twenty-one technical indicators for Antero Resources Corporation which you can use to evaluate future volatility of the firm. Please confirm Antero Resources Downside Deviation of 1.89, Risk Adjusted Performance of 0.1034 and Mean Deviation of 1.53 to double-check if risk estimate we provide are consistent with the epected return of 0.1636%. Antero Resources has performance score of 5 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.276 which signifies that as returns on market increase, Antero Resources returns are expected to increase less than the market. However during bear market, the loss on holding Antero Resources will be expected to be smaller as well.. Although it is extremely important to respect Antero Resources historical returns, it is better to be realistic regarding the information on 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. By analyzing Antero Resources technical indicators you can presently evaluate if the expected return of 0.1636% will be sustainable into the future. Antero Resources right now shows a risk of 1.9066%. Please confirm Antero Resources Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if Antero Resources will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.81 

Very good predictability

Antero Resources Corporation has very good predictability. Overlapping area represents the amount of predictability between Antero Resources time series from February 20, 2018 to March 22, 2018 and March 22, 2018 to April 21, 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 Antero Resources price movement. The serial correlation of 0.81 indicates that around 81.0% of current Antero Resources price fluctuation can be explain by its past prices.
Correlation Coefficient 0.81
Spearman Rank Test 0.28
Price Variance 0.29
Lagged Price Variance 0.73

Antero Resources lagged returns against current returns

 Current and Lagged Values 

Antero Resources regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Antero Resources Lagged Returns

 Regressed Prices 

Current Sentiment - AR

Antero Resources Investor Sentiment
Larger part of Macroaxis users are presently bullish on Antero Resources Corporation. What is your sentiment towards investing in Antero Resources Corporation? Are you bullish or bearish?
98% Bullish
2% Bearish

BATS Exchange Efficient Frontier

Diversify in USA Market
The main assumption in equity investing is that a higher degree of volatility (or risk) means a higher potential (or expected) return on investment. Conversely, investors who take on a low degree of risk have a low expection for return.
Diversify Portfolios
You can create optimal portfolios in USA market or optimize your existing portfolio in one of two ways: 1) For any level of risk, select the one which has the highest expected return. 2) For any expected return, select the one which has the lowest volatility.
Diversify Portfolios
Check also Antero Resources Hype Analysis, Antero Resources Correlation, Antero Resources Valuation, Antero Resources Volatility as well as analyze Antero Resources Alpha and Beta and Antero Resources Performance. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.