American Beacon Backtesting

BRLVX -- USA Fund  

USD 27.43  0.14  0.51%

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

August 14, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
November 12, 2019
0.00
If you would invest  0.00  in American Beacon on August 14, 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 American Mutual, American Mutual, American Mutual, American Mutual, American Mutual, American Mutual, and American Mutual. The investment seeks to provide long-term total return on capital, primarily through capital appreciation and some incom...

American Beacon Upside/Downside Indicators

Downside Deviation1.23
Information Ratio0.011
Maximum Drawdown4.73
Value At Risk(1.91)
Potential Upside1.32

American Beacon Market Premium Indicators

Risk Adjusted Performance0.0833
Jensen Alpha0.0068
Total Risk Alpha8.0E-4
Sortino Ratio0.0088
Treynor Ratio0.0791

American Beacon Brid Backtested Returns

We consider American Beacon very steady. American Beacon Brid secures Sharpe Ratio (or Efficiency) of 0.1745 which signifies that the fund had 0.1745% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for American Beacon Bridgeway Large which you can use to evaluate future volatility of the entity. Please confirm American Beacon Brid Risk Adjusted Performance of 0.0833 and Mean Deviation of 0.7136 to double-check if risk estimate we provide are consistent with the epected return of 0.1526%. The organization shows Beta (market volatility) of 1.056 which signifies that American Beacon returns are very sensitive to returns on the market. as market goes up or down, American Beacon is expected to follow. Although it is extremely important to respect American Beacon Brid historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing American Beacon Brid technical indicators you can presently evaluate if the expected return of 0.1526% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.81 
correlation synergy

Very good predictability

American Beacon Bridgeway Large has very good predictability. Overlapping area represents the amount of predictability between American Beacon time series from August 14, 2019 to September 28, 2019 and September 28, 2019 to November 12, 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 0.81 indicates that around 81.0% of current American Beacon price fluctuation can be explain by its past prices.
Correlation Coefficient0.81
Spearman Rank Test0.81
Residual Average0.0
Price Variance0.39

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
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American Beacon Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for American Beacon and American Mutual Fund. 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 Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.
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