Bridgeway Blue Backtesting

BRLIX -- USA Fund  

USD 15.30  0.20  1.29%

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

Bridgeway Blue 'What if' Analysis

July 24, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
October 22, 2019
0.00
If you would invest  0.00  in Bridgeway Blue on July 24, 2019 and sell it all today you would earn a total of 0.00 from holding Bridgeway Blue Chip Fund or generate 0.0% return on investment in Bridgeway Blue over 90 days. Bridgeway Blue is related to or competes with Washington Mutual, Washington Mutual, Fundamental Investors, Fundamental Investors, Investment Company, American Funds, and American Funds. The investment seeks to provide a long-term total return on capital, primarily through capital appreciation, but also so...

Bridgeway Blue Upside/Downside Indicators

Downside Deviation1.26
Information Ratio0.0255
Maximum Drawdown4.71
Value At Risk(1.84)
Potential Upside1.39

Bridgeway Blue Market Premium Indicators

Risk Adjusted Performance0.0119
Jensen Alpha0.0247
Total Risk Alpha0.0261
Sortino Ratio0.0203
Treynor Ratio0.002

Bridgeway Blue Chip Backtested Returns

Macroaxis considers Bridgeway Blue to be not too volatile. Bridgeway Blue Chip secures Sharpe Ratio (or Efficiency) of -0.0122 which signifies that the fund had -0.0122% of return per unit of risk over the last 3 months. Macroaxis philosophy towards foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Bridgeway Blue Chip Fund exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Bridgeway Blue Chip Mean Deviation of 0.7307, Risk Adjusted Performance of 0.0119 and Downside Deviation of 1.26 to double-check risk estimate we provide. The organization shows Beta (market volatility) of 0.9674 which signifies that Bridgeway Blue returns are very sensitive to returns on the market. as market goes up or down, Bridgeway Blue is expected to follow. Even though it is essential to pay attention to Bridgeway Blue Chip historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Bridgeway Blue Chip Fund exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.41 
correlation synergy

Average predictability

Bridgeway Blue Chip Fund has average predictability. Overlapping area represents the amount of predictability between Bridgeway Blue time series from July 24, 2019 to September 7, 2019 and September 7, 2019 to October 22, 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 Bridgeway Blue Chip price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Bridgeway Blue price fluctuation can be explain by its past prices.
Correlation Coefficient0.41
Spearman Rank Test-0.02
Residual Average0.0
Price Variance0.03

Bridgeway Blue Chip lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Bridgeway Blue regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Bridgeway Blue Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - BRLIX

Bridgeway Blue Chip Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Bridgeway Blue Chip Fund. What is your opinion about investing in Bridgeway Blue Chip Fund? Are you bullish or bearish?
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Bridgeway Blue Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Bridgeway Blue and Washington Mutual. 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 Bridgeway Blue Hype Analysis, Bridgeway Blue Correlation, Portfolio Optimization, Bridgeway Blue Volatility as well as analyze Bridgeway Blue Alpha and Beta and Bridgeway Blue Performance. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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