Booking Holdings Backtesting

BKNG -- 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 Booking Holdings Inc Common St and determine expected loss or profit from investing in Booking Holdings over given investment horizon. Check also Booking Holdings Hype Analysis, Booking Holdings Correlation, Booking Holdings Valuation, Booking Holdings Volatility as well as analyze Booking Holdings Alpha and Beta and Booking Holdings Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Booking Holdings 'What if' Analysis

August 23, 2019
0.00
No Change 0.00  0.0 
In 2 months and 31 days
November 21, 2019
0.00
If you would invest  0.00  in Booking Holdings on August 23, 2019 and sell it all today you would earn a total of 0.00 from holding Booking Holdings Inc Common St or generate 0.0% return on investment in Booking Holdings over 90 days. Booking Holdings is related to or competes with Expedia, Carnival, Lindblad Expeditions, Monaker Group, MakeMyTrip, Norwegian Cruise, and Booking Holdings. Booking Holdings Inc. provides online travel and related services in Europe, North America, South America, the Asia-Paci...

Booking Holdings Upside/Downside Indicators

Information Ratio(0.12)
Maximum Drawdown9.88
Value At Risk(1.73)
Potential Upside1.39

Booking Holdings Market Premium Indicators

Risk Adjusted Performance(0.023901)
Jensen Alpha(0.13)
Total Risk Alpha(0.26)
Treynor Ratio(0.10)

Booking Holdings Common Backtested Returns

Macroaxis considers Booking Holdings to be very steady. Booking Holdings Common secures Sharpe Ratio (or Efficiency) of -0.0218 which signifies that the organization had -0.0218% of return per unit of risk over the last 3 months. 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. Booking Holdings Inc Common St exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Booking Holdings Common Mean Deviation of 0.9416 and Risk Adjusted Performance of (0.023901) to double-check risk estimate we provide. The firm shows Beta (market volatility) of 0.6463 which signifies that as returns on market increase, Booking Holdings returns are expected to increase less than the market. However during bear market, the loss on holding Booking Holdings will be expected to be smaller as well. Even though it is essential to pay attention to Booking Holdings Common 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. Booking Holdings Inc Common St exposes twenty-one different technical indicators which can help you to evaluate its performance. Booking Holdings Common has expected return of -0.03%. Please be advised to confirm Booking Holdings Common Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Booking Holdings Common past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.62 
correlation synergy

Good predictability

Booking Holdings Inc Common St has good predictability. Overlapping area represents the amount of predictability between Booking Holdings time series from August 23, 2019 to October 7, 2019 and October 7, 2019 to November 21, 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 Booking Holdings Common price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Booking Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient0.62
Spearman Rank Test-0.14
Residual Average0.0
Price Variance5249.06

Booking Holdings Common lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Booking Holdings regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Booking Holdings Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - BKNG

Booking Holdings Common Investor Sentiment

Most of Macroaxis users are currently bullish on Booking Holdings Inc Common St. What is your opinion about investing in Booking Holdings Inc Common St? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Booking Holdings Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Booking Holdings and Expedia Group. 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 Booking Holdings Hype Analysis, Booking Holdings Correlation, Booking Holdings Valuation, Booking Holdings Volatility as well as analyze Booking Holdings Alpha and Beta and Booking Holdings Performance. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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