Brack Capital (Israel) Backtesting

BCNV -- Israel Stock  

ILS 35,510  350.00  0.01%

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

Brack Capital 'What if' Analysis

November 20, 2018
0.00
No Change 0.00  0.0%
In 2 months and 1 day
January 19, 2019
0.00
If you would invest  0.00  in Brack Capital on November 20, 2018 and sell it all today you would earn a total of 0.00 from holding Brack Capital Properties NV or generate 0.0% return on investment in Brack Capital over 60 days. Brack Capital is related to or competes with Airport City, Bayside Land, Summit Real, Ashtrom Group, Sella Capital, and Israel Land. Brack Capital Properties NV, a real estate company, owns and develops residential and commercial properties in Germany

Brack Capital Upside/Downside Indicators

Information Ratio(0.23)
Maximum Drawdown4.94
Value At Risk(2.34)
Potential Upside1.76
  

Brack Capital Market Premium Indicators

Risk Adjusted Performance(0.52)
Jensen Alpha(0.35)
Total Risk Alpha(0.31)
Treynor Ratio18.81

Brack Capital Proper Backtested Returns

Macroaxis considers Brack Capital to be not too risky. Brack Capital Proper secures Sharpe Ratio (or Efficiency) of -0.1644 which signifies that the organization had -0.1644% of return per unit of standard deviation over the last 2 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. Brack Capital Properties NV exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Brack Capital Proper Mean Deviation of 0.9072 and Risk Adjusted Performance of (0.52) to double-check risk estimate we provide. The firm shows Beta (market volatility) of -0.0183 which signifies that as returns on market increase, returns on owning Brack Capital are expected to decrease at a much smaller rate. During bear market, Brack Capital is likely to outperform the market. Even though it is essential to pay attention to Brack Capital Proper 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. Brack Capital Properties NV exposes twenty-one different technical indicators which can help you to evaluate its performance. Brack Capital Proper has expected return of -0.2366%. Please be advised to confirm Brack Capital Proper Semi Deviation, Coefficient Of Variation and the relationship between Mean Deviation and Downside Deviation to decide if Brack Capital Proper past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.04) 
correlation synergy

Very weak reverse predictability

Brack Capital Properties NV has very weak reverse predictability. Overlapping area represents the amount of predictability between Brack Capital time series from November 20, 2018 to December 20, 2018 and December 20, 2018 to January 19, 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 Brack Capital Proper price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Brack Capital price fluctuation can be explain by its past prices. Given that Brack Capital Properties NV has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Brack Capital for similar time interval.
Correlation Coefficient-0.04
Spearman Rank Test-0.04
Residual Average0.0
Price Variance135205.92

Brack Capital Proper lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Brack Capital regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Brack Capital Lagged Returns

 Regressed Prices 
      Timeline 

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
All  Next Launch Analyst Recommendations

Brack Capital Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Brack Capital and Airport City. 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 Brack Capital Hype Analysis, Brack Capital Correlation, Brack Capital Valuation, Brack Capital Volatility as well as analyze Brack Capital Alpha and Beta and Brack Capital Performance. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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