DAITO TRUST Backtesting

DIFTY -- USA Stock  

USD 32.33  0.08  0.25%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of DAITO TRUST CONSTRUCTION CO and determine expected loss or profit from investing in DAITO TRUST over given investment horizon. Additionally see DAITO TRUST Hype Analysis, DAITO TRUST Correlation, DAITO TRUST Valuation, DAITO TRUST Volatility as well as analyze DAITO TRUST Alpha and Beta and DAITO TRUST Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

DAITO TRUST 'What if' Analysis

July 19, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
October 17, 2019
0.00
If you would invest  0.00  in DAITO TRUST on July 19, 2019 and sell it all today you would earn a total of 0.00 from holding DAITO TRUST CONSTRUCTION CO or generate 0.0% return on investment in DAITO TRUST over 90 days. DAITO TRUST is related to or competes with Zillow, CoStar, Vonovia Se, Daito Trust, CBRE, FirstService Subo, and Jones Lang. Daito Trust Construction Co., Ltd. designs and constructs apartments, condominiums, rental office buildings, factories, ...

DAITO TRUST Upside/Downside Indicators

Information Ratio(0.022415)
Maximum Drawdown7.48
Value At Risk(2.41)
Potential Upside1.91

DAITO TRUST Market Premium Indicators

Risk Adjusted Performance(0.023529)
Jensen Alpha(0.040653)
Total Risk Alpha(0.023835)
Treynor Ratio(0.14)

DAITO TRUST CONSTRUC Backtested Returns

Macroaxis considers DAITO TRUST to be not too volatile. DAITO TRUST CONSTRUC secures Sharpe Ratio (or Efficiency) of -0.0438 which denotes the company had -0.0438% of return per unit of return volatility over the last 3 months. Macroaxis philosophy towards predicting 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. DAITO TRUST CONSTRUCTION CO exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DAITO TRUST CONSTRUC Mean Deviation of 0.963 to check risk estimate we provide. The corporation shows Beta (market volatility) of 0.3326 which denotes to the fact that as returns on market increase, DAITO TRUST returns are expected to increase less than the market. However during bear market, the loss on holding DAITO TRUST will be expected to be smaller as well. Even though it is essential to pay attention to DAITO TRUST CONSTRUC historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting 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. DAITO TRUST CONSTRUCTION CO exposes twenty-one different technical indicators which can help you to evaluate its performance. DAITO TRUST CONSTRUC has expected return of -0.0588%. Please be advised to confirm DAITO TRUST CONSTRUC Semi Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Semi Variance to decide if DAITO TRUST CONSTRUC past performance will be repeated at some future date.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.46) 
correlation synergy

Modest reverse predictability

DAITO TRUST CONSTRUCTION CO has modest reverse predictability. Overlapping area represents the amount of predictability between DAITO TRUST time series from July 19, 2019 to September 2, 2019 and September 2, 2019 to October 17, 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 DAITO TRUST CONSTRUC price movement. The serial correlation of -0.46 indicates that about 46.0% of current DAITO TRUST price fluctuation can be explain by its past prices. Given that DAITO TRUST CONSTRUCTION CO has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of DAITO TRUST for similar time interval.
Correlation Coefficient-0.46
Spearman Rank Test-0.16
Residual Average0.0
Price Variance0.52

DAITO TRUST CONSTRUC lagged returns against current returns

 Current and Lagged Values 
      Timeline 

DAITO TRUST regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

DAITO TRUST Lagged Returns

 Regressed Prices 
      Timeline 

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DAITO TRUST Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for DAITO TRUST and Zillow Group. 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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Additionally see DAITO TRUST Hype Analysis, DAITO TRUST Correlation, DAITO TRUST Valuation, DAITO TRUST Volatility as well as analyze DAITO TRUST Alpha and Beta and DAITO TRUST Performance. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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