DexCom Inc Backtested Returns
Macroaxis considers DexCom to be not too volatile. DexCom Inc
secures Sharpe Ratio (or Efficiency) of -0.0205 which denotes DexCom Inc
had -0.0205% of return per unit of risk over the last 1 month. 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
. DexCom Inc exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DexCom Inc Coefficient Of Variation
of (9,553) and Mean Deviation of 1.74 to check risk estimate we provide. Macroaxis gives DexCom performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.4301 which denotes to the fact that as returns on market increase, DexCom returns are expected to increase less than the market. However during bear market, the loss on holding DexCom will be expected to be smaller as well.. Even though it is essential to pay attention to DexCom Inc 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. DexCom Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. DexCom Inc has expected return of -0.0665%. Please be advised to confirm DexCom Inc Jensen Alpha, Potential Upside as well as the relationship between Potential Upside and Skewness to decide if DexCom Inc past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.21 |
DexCom Inc has weak predictability. Overlapping area represents the amount of predictability between DexCom time series from December 24, 2017 to January 8, 2018 and January 8, 2018 to January 23, 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 DexCom Inc price movement. The serial correlation of 0.21 indicates that over 21.0% of current DexCom price fluctuation can be explain by its past prices.
|Correlation Coefficient|| 0.21|
|Spearman Rank Test|| -0.38|
|Price Variance|| 1.38|
|Lagged Price Variance|| 3.92|
DexCom Lagged Returns