Cheniere Energy Backtesting

CQP -- USA Stock  

USD 39.87  0.43  0.01%

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.
Horizon     30 Days    Login   to change

Cheniere Energy 'What if' Analysis

November 19, 2018
No Change 0.00  0.0%
In 2 months and 2 days
January 18, 2019
If you would invest  0.00  in Cheniere Energy on November 19, 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 Antero Midstream, Dominion Energy, Energy Transfer, NuStar Energy, Enable Midstream, EnLink Midstream, and EnLink Midstream. Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates regasification facilities at the Sabine Pass...

Cheniere Energy Upside/Downside Indicators

Downside Deviation2.42
Information Ratio0.107
Maximum Drawdown9.19
Value At Risk(4.62)
Potential Upside3.85

Cheniere Energy Market Premium Indicators

Risk Adjusted Performance0.1698
Jensen Alpha0.2299
Total Risk Alpha0.2586
Sortino Ratio0.1025
Treynor Ratio0.2761

Cheniere Energy Part Backtested Returns

Macroaxis considers Cheniere Energy not too volatile given 2 months investment horizon. Cheniere Energy Part secures Sharpe Ratio (or Efficiency) of 0.103 which signifies that the organization had 0.103% 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 stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Cheniere Energy Partners L P which you can use to evaluate future volatility of the firm. Please makes use of Cheniere Energy Part Mean Deviation of 1.62 and Risk Adjusted Performance of 0.1698 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Cheniere Energy holds performance score of 6. The firm shows Beta (market volatility) of 0.6899 which signifies that as returns on market increase, Cheniere Energy returns are expected to increase less than the market. However during bear market, the loss on holding Cheniere Energy will be expected to be smaller as well. 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 0.2413% will be sustainable into the future. Please makes use of Cheniere Energy Part Maximum Drawdown, and the relationship between Information Ratio and Expected Short fall to make a quick decision on weather Cheniere Energy price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.28 
correlation synergy

Poor predictability

Cheniere Energy Partners L P has poor predictability. Overlapping area represents the amount of predictability between Cheniere Energy time series from November 19, 2018 to December 19, 2018 and December 19, 2018 to January 18, 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 Cheniere Energy Part price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Cheniere Energy price fluctuation can be explain by its past prices.
Correlation Coefficient0.28
Spearman Rank Test0.49
Residual Average0.0
Price Variance2.15

Cheniere Energy Part lagged returns against current returns

 Current and Lagged Values 

Cheniere Energy regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Cheniere Energy Lagged Returns

 Regressed Prices 

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?
98% Bullish
2% Bearish

Cheniere Energy Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Cheniere Energy and Antero Midstream Par. 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 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 Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.