Antero Resources Backtesting

AR -- USA Stock  

USD 21.33  0.32  1.52%

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

June 19, 2018
No Change 0.00  0.0%
In 31 days
July 19, 2018
If you would invest  0.00  in Antero Resources on June 19, 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 30 days. Antero Resources is related to or competes with Halcn Resources, Parsley Energy, Dorchester Minerals, Earthstone Energy, Diamondback Energy, and ADVANTAGE ENERGY. Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, produces, and develops nat...

Antero Resources Upside/Downside Indicators

Downside Deviation1.71
Information Ratio0.1118
Maximum Drawdown4.58
Value At Risk1.92
Potential Upside2.48

Antero Resources Market Premium Indicators

Risk Adjusted Performance0.1225
Jensen Alpha0.2824
Total Risk Alpha0.016
Sortino Ratio0.0979
Treynor Ratio3.06

Antero Resources Backtested Returns

We consider Antero Resources not too volatile. Antero Resources secures Sharpe Ratio (or Efficiency) of 0.1337 which signifies that Antero Resources had 0.1337% 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. We have found twenty-eight technical indicators for Antero Resources Corporation which you can use to evaluate future volatility of the firm. Please confirm Antero Resources Downside Deviation of 1.71, Risk Adjusted Performance of 0.1225 and Mean Deviation of 1.18 to double-check if risk estimate we provide are consistent with the epected return of 0.1933%. Antero Resources has performance score of 8 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.0892 which signifies that as returns on market increase, returns on owning Antero Resources are expected to decrease at a much smaller rate. During bear market, Antero Resources is likely to outperform the market.. 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 0.1933% will be sustainable into the future. Antero Resources right now shows a risk of 1.4455%. Please confirm Antero Resources Semi Variance, and the relationship between Maximum Drawdown and Accumulation Distribution to decide if Antero Resources will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.36) 

Poor reverse predictability

Antero Resources Corporation has poor reverse predictability. Overlapping area represents the amount of predictability between Antero Resources time series from June 19, 2018 to July 4, 2018 and July 4, 2018 to July 19, 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 -0.36 indicates that just about 36.0% of current Antero Resources price fluctuation can be explain by its past prices. Given that Antero Resources Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Antero Resources for similar time interval.
Correlation Coefficient -0.36
Spearman Rank Test -0.48
Price Variance 0.17
Lagged Price Variance 0.12

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 

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Volatility Analysis

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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Antero Resources and Halcn Resources. 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
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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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.