DexCom Backtesting

DXCM -- USA Stock  

USD 100.45  1.00  1.01%

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

June 17, 2018
0.00
No Change 0.00  0.0%
In 30 days
July 17, 2018
0.00
If you would invest  0.00  in DexCom on June 17, 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 30 days. DexCom is related to or competes with Agilent Technologies, Laboratory of, DarioHealth Corp, Exact Sciences, Fluidigm, and FULGENT GENETICS. DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose ...

DexCom Upside/Downside Indicators

Downside Deviation2.03
Maximum Drawdown7.66
Value At Risk4.00
Potential Upside2.71
  

DexCom Market Premium Indicators

Risk Adjusted Performance0.01

DexCom Backtested Returns

Macroaxis considers DexCom to be not too risky. DexCom secures Sharpe Ratio (or Efficiency) of -0.0256 which denotes DexCom had -0.0256% 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 exposes twenty different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DexCom Coefficient Of Variation of 3234.3, Mean Deviation of 1.44 and Downside Deviation of 2.03 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 0.0 which denotes to the fact that the returns on MARKET and DexCom are completely uncorrelated. Even though it is essential to pay attention to DexCom 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 exposes twenty different technical indicators which can help you to evaluate its performance. DexCom has expected return of -0.0521%. Please be advised to confirm DexCom Treynor Ratio, Downside Variance as well as the relationship between Downside Variance and Kurtosis to decide if DexCom past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.80) 

Almost perfect reverse predictability

DexCom has almost perfect reverse predictability. Overlapping area represents the amount of predictability between DexCom time series from June 17, 2018 to July 2, 2018 and July 2, 2018 to July 17, 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 -0.8 indicates that around 80.0% of current DexCom price fluctuation can be explain by its past prices. Given that DexCom has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of DexCom for similar time interval.
Correlation Coefficient -0.8
Spearman Rank Test -0.77
Price Variance 4.26
Lagged Price Variance 9.4

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
Skip

Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for DexCom and Agilent Technologies. 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 DexCom Hype Analysis, DexCom Correlation, DexCom Valuation, DexCom Volatility as well as analyze DexCom Alpha and Beta and DexCom Performance. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.