Macroaxis considers Lindsell Train to be not too risky. Lindsell Train Japanese
has Sharpe Ratio of -0.2468 which conveys that Lindsell Train Japanese
had -0.2468% of return per unit of risk over the last 1 month. Macroaxis philosophy towards estimating 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
. Lindsell Train exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Lindsell Train Japanese Eq A Yen Mean Deviation
of 0.31 and Risk Adjusted Performance
of 0.1 to check out risk estimate we provide. The fund secures Beta (Market Risk) of -0.2037 which conveys that as returns on market increase, returns on owning Lindsell Train are expected to decrease at a much smaller rate. During bear market, Lindsell Train is likely to outperform the market.. Even though it is essential to pay attention to Lindsell Train Japanese price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating 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. Lindsell Train exposes twenty-one different technical indicators which can help you to evaluate its performance.
|15 days auto-correlation||(0.93) |
Near perfect reversele predictability
Lindsell Train Japanese Eq A Yen has near perfect reversele predictability. Overlapping area represents the amount of predictability between Lindsell Train time series from June 19, 2018 to July 4, 2018 and July 4, 2018 to July 19, 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 Lindsell Train Japanese price movement. The serial correlation of -0.93 indicates that approximately 93.0% of current Lindsell Train price fluctuation can be explain by its past prices. Given that Lindsell Train Japanese Eq A Yen has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Lindsell Train for similar time interval.
|Correlation Coefficient|| -0.93|
|Spearman Rank Test|| -0.5|
|Price Variance|| 10.04|
|Lagged Price Variance|| 99.61|