HUGO BOSS (Germany) Backtesting

BOSS -- Germany Stock  

EUR 57.42  0.16  0.28%

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

HUGO BOSS 'What if' Analysis

October 17, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
December 16, 2018
0.00
If you would invest  0.00  in HUGO BOSS on October 17, 2018 and sell it all today you would earn a total of 0.00 from holding HUGO BOSS AG NA O N or generate 0.0% return on investment in HUGO BOSS over 60 days. HUGO BOSS is related to or competes with Microsoft, Apple, Amazon, Microsoft, Apple, Alphabet, and Berkshire Hathaway.

HUGO BOSS Upside/Downside Indicators

Information Ratio(0.12)
Maximum Drawdown8.09
Value At Risk(4.08)
Potential Upside2.75
  

HUGO BOSS Market Premium Indicators

Risk Adjusted Performance(0.21)
Jensen Alpha(0.31)
Total Risk Alpha(0.18)
Treynor Ratio(0.77)

HUGO BOSS AG Backtested Returns

Macroaxis considers HUGO BOSS to be not too risky. HUGO BOSS AG holds Efficiency (Sharpe) Ratio of -0.1063 which attests that HUGO BOSS AG had -0.1063% of return per unit of return volatility over the last 2 months. Macroaxis way of determining 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. HUGO BOSS AG exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out HUGO BOSS Market Risk Adjusted Performance of (0.76) and Risk Adjusted Performance of (0.21) to validate risk estimate we provide. Macroaxis gives HUGO BOSS performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.4749 which attests that as returns on market increase, HUGO BOSS returns are expected to increase less than the market. However during bear market, the loss on holding HUGO BOSS will be expected to be smaller as well.. Even though it is essential to pay attention to HUGO BOSS AG current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis way of determining 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. HUGO BOSS AG exposes twenty-one different technical indicators which can help you to evaluate its performance. HUGO BOSS AG has expected return of -0.194%. Please be advised to check out HUGO BOSS Coefficient Of Variation, Variance and the relationship between Downside Deviation and Standard Deviation to decide if HUGO BOSS AG past performance will be repeated at future time.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.40) 
correlation synergy

Poor reverse predictability

HUGO BOSS AG NA O N has poor reverse predictability. Overlapping area represents the amount of predictability between HUGO BOSS time series from October 17, 2018 to November 16, 2018 and November 16, 2018 to December 16, 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 HUGO BOSS AG price movement. The serial correlation of -0.4 indicates that just about 40.0% of current HUGO BOSS price fluctuation can be explain by its past prices. Given that HUGO BOSS AG NA O N has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of HUGO BOSS for similar time interval.
Correlation Coefficient-0.4
Spearman Rank Test-0.67
Residual Average0.0
Price Variance3.66

HUGO BOSS AG lagged returns against current returns

 Current and Lagged Values 
      Timeline 

HUGO BOSS regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

HUGO BOSS Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - BOSS

HUGO BOSS AG Investor Sentiment

Most of Macroaxis users are currently bullish on HUGO BOSS AG NA O N. What is your judgment towards investing in HUGO BOSS AG NA O N? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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HUGO BOSS Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for HUGO BOSS and Microsoft. 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 HUGO BOSS Hype Analysis, HUGO BOSS Correlation, HUGO BOSS Valuation, HUGO BOSS Volatility as well as analyze HUGO BOSS Alpha and Beta and HUGO BOSS Performance. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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