Cheniere Energy Backtesting

CQP -- USA Stock  

USD 36.17  1.74  4.59%

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
SymbolX
Backtest

Cheniere Energy 'What if' Analysis

September 15, 2018
0.00
No Change 0.00  0.0%
In 31 days
October 15, 2018
0.00
If you would invest  0.00  in Cheniere Energy on September 15, 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 30 days. Cheniere Energy is related to or competes with Antero Midstream, Dominion Energy, NuStar Energy, EnLink Midstream, EnLink Midstream, Buckeye Partners, and Cheniere Energy. Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates regasification facilities at the Sabine Pass...

Cheniere Energy Upside/Downside Indicators

Information Ratio0.0915
Maximum Drawdown5.04
Value At Risk1.49
Potential Upside2.37
  

Cheniere Energy Market Premium Indicators

Risk Adjusted Performance0.01662
Jensen Alpha0.06
Total Risk Alpha0.1508
Treynor Ratio0.1639

Cheniere Energy Part Backtested Returns

Macroaxis considers Cheniere Energy to be not too volatile. Cheniere Energy Part secures Sharpe Ratio (or Efficiency) of -0.1267 which signifies that Cheniere Energy Part had -0.1267% of return per unit of standard deviation over the last 1 month. Macroaxis philosophy in foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Cheniere Energy Partners L P exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Cheniere Energy Part Mean Deviation of 0.9186 and Risk Adjusted Performance of 0.01662 to double-check risk estimate we provide. Macroaxis gives Cheniere Energy performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.2007 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.. Even though it is essential to pay attention to Cheniere Energy Part historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Cheniere Energy Partners L P exposes twenty-one different technical indicators which can help you to evaluate its performance. Cheniere Energy Part has expected return of -0.2062%. Please be advised to confirm Cheniere Energy Part Standard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Cheniere Energy Part past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.25 

Poor predictability

Cheniere Energy Partners L P has poor predictability. Overlapping area represents the amount of predictability between Cheniere Energy time series from September 15, 2018 to September 30, 2018 and September 30, 2018 to October 15, 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 0.25 indicates that over 25.0% of current Cheniere Energy price fluctuation can be explain by its past prices.
Correlation Coefficient0.25
Spearman Rank Test-0.16
Residual Average0.0
Price Variance0.31

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 

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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
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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 Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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