Arrow DWA Backtesting

DWATX -- USA Fund  

USD 10.87  0.04  0.37%

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

Arrow DWA 'What if' Analysis

June 23, 2019
0.00
No Change 0.00  0.0%
In 3 months and 1 day
September 21, 2019
0.00
If you would invest  0.00  in Arrow DWA on June 23, 2019 and sell it all today you would earn a total of 0.00 from holding Arrow DWA Balanced Fund Class C or generate 0.0% return on investment in Arrow DWA over 90 days. Arrow DWA is related to or competes with American Balanced, American Balanced, American Funds, American Balanced, American Balanced, American Balanced, and Fidelity Puritan. The investment seeks an appropriate balance between long-term capital appreciation and capital preservation

Arrow DWA Upside/Downside Indicators

Information Ratio(0.09)
Maximum Drawdown1.64
Value At Risk(0.72)
Potential Upside0.6352

Arrow DWA Market Premium Indicators

Risk Adjusted Performance(0.028226)
Jensen Alpha(0.015114)
Total Risk Alpha(0.024072)
Treynor Ratio0.267

Arrow DWA Balanced Backtested Returns

Macroaxis considers Arrow DWA to be very steady. Arrow DWA Balanced secures Sharpe Ratio (or Efficiency) of -0.0237 which signifies that the fund had -0.0237% of return per unit of risk over the last 3 months. Macroaxis philosophy towards foreseeing risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Arrow DWA Balanced Fund Class C exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Arrow DWA Balanced Mean Deviation of 0.296 and Risk Adjusted Performance of (0.028226) to double-check risk estimate we provide. The organization shows Beta (market volatility) of -0.0608 which signifies that as returns on market increase, returns on owning Arrow DWA are expected to decrease at a much smaller rate. During bear market, Arrow DWA is likely to outperform the market. Even though it is essential to pay attention to Arrow DWA Balanced historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Arrow DWA Balanced Fund Class C exposes twenty-one different technical indicators which can help you to evaluate its performance.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.27 
correlation synergy

Poor predictability

Arrow DWA Balanced Fund Class C has poor predictability. Overlapping area represents the amount of predictability between Arrow DWA time series from June 23, 2019 to August 7, 2019 and August 7, 2019 to September 21, 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 Arrow DWA Balanced price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Arrow DWA price fluctuation can be explain by its past prices.
Correlation Coefficient0.27
Spearman Rank Test-0.01
Residual Average0.0
Price Variance0.01

Arrow DWA Balanced lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Arrow DWA regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Arrow DWA Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - DWATX

Arrow DWA Balanced Investor Sentiment

Most of Macroaxis users are currently bullish on Arrow DWA Balanced Fund Class C. What is your sentiment towards investing in Arrow DWA Balanced Fund Class C? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Arrow DWA Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Arrow DWA and American Balanced Fund. 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  
Additionally see Arrow DWA Hype Analysis, Arrow DWA Correlation, Portfolio Optimization, Arrow DWA Volatility as well as analyze Arrow DWA Alpha and Beta and Arrow DWA Performance. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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