Avon Products Backtesting

AVP -- USA Stock  

USD 2.02  0.03  1.51%

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

Avon Products 'What if' Analysis

September 20, 2018
0.00
No Change 0.00  0.0%
In 30 days
October 20, 2018
0.00
If you would invest  0.00  in Avon Products on September 20, 2018 and sell it all today you would earn a total of 0.00 from holding Avon Products or generate 0.0% return on investment in Avon Products over 30 days. Avon Products is related to or competes with Clorox, Este Lauder, Edgewell Personal, Acme United, Procter Gamble, and Colgate Palmolive. Avon Products, Inc. manufactures and markets beauty and related products in Europe, the Middle East, Africa, south Latin...

Avon Products Upside/Downside Indicators

Information Ratio0.14
Maximum Drawdown13.66
Value At Risk6.22
Potential Upside5.11
  

Avon Products Market Premium Indicators

Risk Adjusted Performance0.18
Jensen Alpha0.53
Total Risk Alpha0.07
Treynor Ratio0.56

Avon Products Backtested Returns

Macroaxis considers Avon Products to be extremely risky. Avon Products secures Sharpe Ratio (or Efficiency) of -0.1733 which signifies that Avon Products had -0.1733% of return per unit of risk over the last 1 month. Macroaxis philosophy towards 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. Avon Products exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Avon Products Risk Adjusted Performance of 0.18 and Mean Deviation of 3.45 to double-check risk estimate we provide. Macroaxis gives Avon Products performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.3766 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Avon Products will likely underperform.. Even though it is essential to pay attention to Avon Products historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards 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. Avon Products exposes twenty-one different technical indicators which can help you to evaluate its performance. Avon Products has expected return of -0.7565%. Please be advised to confirm Avon Products Coefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if Avon Products past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.40) 

Poor reverse predictability

Avon Products has poor reverse predictability. Overlapping area represents the amount of predictability between Avon Products time series from September 20, 2018 to October 5, 2018 and October 5, 2018 to October 20, 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 Avon Products price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Avon Products price fluctuation can be explain by its past prices. Given that Avon Products has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Avon Products for similar time interval.
Correlation Coefficient-0.4
Spearman Rank Test-0.4
Residual Average0.0
Price Variance0.01

Avon Products lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Avon Products regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Avon Products Lagged Returns

 Regressed Prices 
      Timeline 

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Avon Products Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Avon Products and The Clorox. 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 Avon Products Hype Analysis, Avon Products Correlation, Avon Products Valuation, Avon Products Volatility as well as analyze Avon Products Alpha and Beta and Avon Products Performance. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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