Cheniere Energy Backtesting

Cheniere Energy Partners L P -- USA Stock  

USD 30.12  0.10  0.33%

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

Cheniere Energy 'What if' Analysis

February 24, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
April 25, 2018
0.00
If you would invest  0.00  in Cheniere Energy on February 24, 2018 and sell it all today you would earn a total of 0.00 from holding Cheniere Energy Partners L P or generate 0.0% return on investment in Cheniere Energy over 60 days. Cheniere Energy is related to or competes with Enbridge Energy, TechnipFMC plc, Halliburton, Magellan Midstream, MRC Global, and NATL OILWELL. Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates regasification facilities at the Sabine Pass...

Cheniere Energy Upside/Downside Indicators

Downside Deviation1.57
Information Ratio0.0486
Maximum Drawdown5.35
Value At Risk2.01
Potential Upside1.85
  

Cheniere Energy Market Premium Indicators

Risk Adjusted Performance0.0494
Jensen Alpha0.0277
Total Risk Alpha0.0564
Sortino Ratio0.0402
Treynor Ratio0.30

Cheniere Energy Part Backtested Returns

We consider Cheniere Energy not too volatile. Cheniere Energy Part secures Sharpe Ratio (or Efficiency) of 0.0143 which signifies that Cheniere Energy Part had 0.0143% of return per unit of standard deviation over the last 2 months. Our philosophy in foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Cheniere Energy Partners L P which you can use to evaluate future volatility of the firm. Please confirm Cheniere Energy Part Mean Deviation of 1.03 and Risk Adjusted Performance of 0.0494 to double-check if risk estimate we provide are consistent with the epected return of 0.0189%. Cheniere Energy has performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.1035 which signifies that as returns on market increase, returns on owning Cheniere Energy are expected to decrease at a much smaller rate. During bear market, Cheniere Energy is likely to outperform the market.. Although it is extremely important to respect Cheniere Energy Part historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in 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 Cheniere Energy Part technical indicators you can presently evaluate if the expected return of 0.0189% will be sustainable into the future. Cheniere Energy Part right now shows a risk of 1.3228%. Please confirm Cheniere Energy Part Standard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Cheniere Energy Part will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.54) 

Good reverse predictability

Cheniere Energy Partners L P has good reverse predictability. Overlapping area represents the amount of predictability between Cheniere Energy time series from February 24, 2018 to March 26, 2018 and March 26, 2018 to April 25, 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 Cheniere Energy Part price movement. The serial correlation of -0.54 indicates that about 54.0% of current Cheniere Energy price fluctuation can be explain by its past prices. Given that Cheniere Energy Partners L P has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Cheniere Energy for similar time interval.
Correlation Coefficient -0.54
Spearman Rank Test -0.62
Price Variance 0.58
Lagged Price Variance 0.68

Cheniere Energy Part lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Cheniere Energy regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Cheniere Energy Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - CQP

Cheniere Energy Part Investor Sentiment
Greater number of Macroaxis users are currently bullish on Cheniere Energy Partners L P. What is your opinion about investing in Cheniere Energy Partners L P? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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The main assumption in equity investing is that a higher degree of volatility (or risk) means a higher potential (or expected) return on investment. Conversely, investors who take on a low degree of risk have a low expection for return.
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You can create optimal portfolios in USA market or optimize your existing portfolio in one of two ways: 1) For any level of risk, select the one which has the highest expected return. 2) For any expected return, select the one which has the lowest volatility.
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Check also Cheniere Energy Hype Analysis, Cheniere Energy Correlation, Cheniere Energy Valuation, Cheniere Energy Volatility as well as analyze Cheniere Energy Alpha and Beta and Cheniere Energy Performance. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.