DexCom Backtesting

DexCom -- USA Stock  

USD 73.96  0.47  0.63%

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

DexCom 'What if' Analysis

February 24, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
April 25, 2018
0.00
If you would invest  0.00  in DexCom on February 24, 2018 and sell it all today you would earn a total of 0.00 from holding DexCom or generate 0.0% return on investment in DexCom over 60 days. DexCom is related to or competes with Boston Scientific, Cooper Companies, Quest Diagnostics, DENTSPLY SIRONA, ResMed, and STRYKER CP. DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose ...

DexCom Upside/Downside Indicators

Downside Deviation1.74
Information Ratio0.3125
Maximum Drawdown10.78
Value At Risk2.95
Potential Upside4.7
  

DexCom Market Premium Indicators

Risk Adjusted Performance0.4913
Jensen Alpha0.6287
Total Risk Alpha0.6854
Sortino Ratio0.387
Treynor Ratio8.31

DexCom Backtested Returns

Our philosophy towards predicting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for DexCom which you can use to evaluate future volatility of the firm. Please confirm DexCom Coefficient Of Variation of 338.28, Mean Deviation of 1.48 and Downside Deviation of 1.74 to check if risk estimate we provide are consistent with the epected return of 0.0%. DexCom has performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.0752 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.. Although it is extremely important to respect DexCom historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting 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 reviewing DexCom technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future. DexCom right now shows a risk of 0.0%. Please confirm DexCom Skewness, and the relationship between Potential Upside and Rate Of Daily Change to decide if DexCom will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 

No correlation between past and present

DexCom has no correlation between past and present. Overlapping area represents the amount of predictability between DexCom time series from February 24, 2018 to March 26, 2018 and March 26, 2018 to April 25, 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 price movement. The serial correlation of 0.0 indicates that just 0.0% of current DexCom price fluctuation can be explain by its past prices.
Average Price 73.96
Lagged Average Price 73.96

DexCom lagged returns against current returns

 Current and Lagged Values 
      Timeline 

DexCom regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

DexCom Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - DXCM

DexCom Investor Sentiment
Most of Macroaxis users are currently bullish on DexCom. What is your opinion about investing in DexCom? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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BATS Exchange Efficient Frontier

Diversify in USA Market
The main assumption in equity investing is that a higher degree of volatility (or risk) means a higher potential (or expected) return on investment. Conversely, investors who take on a low degree of risk have a low expection for return.
Diversify Portfolios
You can create optimal portfolios in USA market or optimize your existing portfolio in one of two ways: 1) For any level of risk, select the one which has the highest expected return. 2) For any expected return, select the one which has the lowest volatility.
Diversify Portfolios
Additionally see DexCom Hype Analysis, DexCom Correlation, DexCom Valuation, DexCom Volatility as well as analyze DexCom Alpha and Beta and DexCom Performance. Please also try Premium Stories module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.