American Beacon Backtesting

BRLVX -- USA Fund  

USD 26.01  0.00  0.00%

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

American Beacon 'What if' Analysis

July 19, 2019
0.00
No Change 0.00  0.0 
In 2 months and 31 days
October 17, 2019
0.00
If you would invest  0.00  in American Beacon on July 19, 2019 and sell it all today you would earn a total of 0.00 from holding American Beacon Bridgeway Large or generate 0.0% return on investment in American Beacon over 90 days. American Beacon is related to or competes with Vanguard Index, MFS Value, MFS Value, MFS Value, MFS Series, MFS Value, and Vanguard High. The investment seeks to provide long-term total return on capital, primarily through capital appreciation and some incom...

American Beacon Upside/Downside Indicators

Information Ratio(0.02581)
Maximum Drawdown4.83
Value At Risk(2.20)
Potential Upside1.38

American Beacon Market Premium Indicators

Risk Adjusted Performance(0.036607)
Jensen Alpha(0.05)
Total Risk Alpha(0.025209)
Treynor Ratio1.74

American Beacon Brid Backtested Returns

Macroaxis considers American Beacon to be not too volatile. American Beacon Brid secures Sharpe Ratio (or Efficiency) of -0.0306 which signifies that the fund had -0.0306% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in 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. American Beacon Bridgeway Large exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm American Beacon Brid Mean Deviation of 0.8116 and Risk Adjusted Performance of (0.036607) to double-check risk estimate we provide. The organization shows Beta (market volatility) of -0.0298 which signifies that as returns on market increase, returns on owning American Beacon are expected to decrease at a much smaller rate. During bear market, American Beacon is likely to outperform the market. Even though it is essential to pay attention to American Beacon Brid historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in 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. American Beacon Bridgeway Large exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.30 
correlation synergy

Below average predictability

American Beacon Bridgeway Large has below average predictability. Overlapping area represents the amount of predictability between American Beacon time series from July 19, 2019 to September 2, 2019 and September 2, 2019 to October 17, 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 American Beacon Brid price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current American Beacon price fluctuation can be explain by its past prices.
Correlation Coefficient0.3
Spearman Rank Test0.46
Residual Average0.0
Price Variance0.19

American Beacon Brid lagged returns against current returns

 Current and Lagged Values 
      Timeline 

American Beacon regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

American Beacon Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - BRLVX

American Beacon Brid Investor Sentiment

Most of Macroaxis users are currently bullish on American Beacon Bridgeway Large. What is your sentiment towards investing in American Beacon Bridgeway Large? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

American Beacon Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for American Beacon and Vanguard Index Trust. 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 American Beacon Hype Analysis, American Beacon Correlation, Portfolio Optimization, American Beacon Volatility as well as analyze American Beacon Alpha and Beta and American Beacon Performance. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.
Search macroaxis.com