With this equity back-testing module your can estimate the performance of a buy and hold strategy of China Resources Beer Company Limited and determine expected loss or profit from investing in China Resources over given investment horizon. Check also China Resources Hype Analysis, China Resources Correlation, China Resources Valuation, China Resources Volatility as well as analyze China Resources Alpha and Beta and China Resources Performance.
|Horizon||30 Days Login to change|
China Resources 'What if' Analysis
October 17, 20180.00
December 16, 20180.00
If you would invest 0.00 in China Resources on October 17, 2018 and sell it all today you would earn a total of 0.00 from holding China Resources Beer Company Limited or generate 0.0% return on investment in China Resources over 60 days. China Resources is related to or competes with Anheuser Busch, Heineken N, Carlsberg, Molson Coors, Mineralbrunnen berkingen, and Berentzen Gruppe. China Resources Beer Company Limited, an investment holding company, manufactures, sells, and distributes beer products ...
China Resources Upside/Downside Indicators
China Resources Market Premium Indicators
China Resources Beer Backtested Returns
Macroaxis considers China Resources extremely risky given 2 months investment horizon. China Resources Beer secures Sharpe Ratio (or Efficiency) of 0.095 which signifies that China Resources Beer had 0.095% of return per unit of risk over the last 2 months. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for China Resources Beer Company Limited which you can use to evaluate future volatility of the firm. Please makes use of China Resources Beer Risk Adjusted Performance of
(0.027822) and Mean Deviation of 2.41 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 China Resources holds performance score of 6. The firm shows Beta (market volatility) of -0.1862 which signifies that as returns on market increase, returns on owning China Resources are expected to decrease at a much smaller rate. During bear market, China Resources is likely to outperform the market.. Although it is vital to follow to China Resources Beer historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing China Resources Beer technical indicators you can presently evaluate if the expected return of 0.2959% will be sustainable into the future. Please makes use of China Resources Beer Downside Deviation, Standard Deviation, Information Ratio, as well as the relationship between Coefficient Of Variation and Variance to make a quick decision on weather China Resources price patterns will revert.
|15 days auto-correlation||0.17|
|Spearman Rank Test||0.27|
China Resources Beer lagged returns against current returns
Current and Lagged Values
China Resources regressed lagged prices vs. current prices
Current vs Lagged Prices
China Resources Lagged Returns
Check also China Resources Hype Analysis, China Resources Correlation, China Resources Valuation, China Resources Volatility as well as analyze China Resources Alpha and Beta and China Resources Performance. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.