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FLUGGER Backtesting

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FLUG-B -- Denmark Stock  

DKK 260.00  2.00  0.78%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of FLUGGER GROUP AS and determine expected loss or profit from investing in FLUGGER GROUP over given investment horizon. Please check FLUGGER GROUP Hype Analysis, FLUGGER GROUP Correlation, FLUGGER GROUP Valuation, FLUGGER GROUP Volatility as well as analyze FLUGGER GROUP Alpha and Beta and FLUGGER GROUP Performance.
Symbol
Backtest

FLUGGER GROUP 'What if' Analysis

0.00
01/01/2020
No Change 0.00  0.0 
In 2 months and 31 days
03/31/2020
0.00
If you would invest  0.00  in FLUGGER GROUP on January 1, 2020 and sell it all today you would earn a total of 0.00 from holding FLUGGER GROUP AS or generate 0.0% return on investment in FLUGGER GROUP over 90 days. Flgger group AS engages in the design, manufacture, and marketing of decorative paints, wood protection products, spackl...

FLUGGER GROUP Upside/Downside Indicators

Information Ratio0.0687
Maximum Drawdown25.62
Value At Risk(3.10)
Potential Upside2.38

FLUGGER GROUP Market Premium Indicators

Risk Adjusted Performance(0.14)
Jensen Alpha(0.19)
Total Risk Alpha0.1882
Treynor Ratio0.7924

FLUGGER GROUP AS Backtested Returns

Macroaxis considers FLUGGER GROUP to be very steady. FLUGGER GROUP AS secures Sharpe Ratio (or Efficiency) of -0.0749, which denotes the organization had -0.0749% of return per unit of volatility over the last 3 months. Macroaxis approach 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. FLUGGER GROUP AS exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm FLUGGER GROUP AS Mean Deviation of 1.55 and Market Risk Adjusted Performance of 0.8024 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.1647, which denotes to the fact that as returns on market increase, returns on owning FLUGGER GROUP are expected to decrease at a much smaller rate. During bear market, FLUGGER GROUP is likely to outperform the market. Even though it is essential to pay attention to FLUGGER GROUP AS historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach 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. FLUGGER GROUP AS exposes twenty-one different technical indicators, which can help you to evaluate its performance. FLUGGER GROUP AS has an expected return of -0.2857%. Please be advised to confirm FLUGGER GROUP AS Maximum Drawdown, Potential Upside and the relationship between Treynor Ratio and Value At Risk to decide if FLUGGER GROUP AS stock performance from the past will be repeated at future time.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.47 
correlation synergy

Average predictability

FLUGGER GROUP AS has average predictability. Overlapping area represents the amount of predictability between FLUGGER GROUP time series from January 1, 2020 to February 15, 2020 and February 15, 2020 to March 31, 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of FLUGGER GROUP AS price movement. The serial correlation of 0.47 indicates that about 47.0% of current FLUGGER GROUP price fluctuation can be explain by its past prices.
Correlation Coefficient0.47
Spearman Rank Test0.36
Residual Average0.0
Price Variance360.96

FLUGGER GROUP AS lagged returns against current returns

 Current and Lagged Values 
    
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FLUGGER GROUP regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
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FLUGGER GROUP Lagged Returns

 Regressed Prices 
    
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Current Sentiment - FLUG-B

FLUGGER GROUP AS Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in FLUGGER GROUP AS. What is your opinion about investing in FLUGGER GROUP AS? Are you bullish or bearish?
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Please check FLUGGER GROUP Hype Analysis, FLUGGER GROUP Correlation, FLUGGER GROUP Valuation, FLUGGER GROUP Volatility as well as analyze FLUGGER GROUP Alpha and Beta and FLUGGER GROUP Performance. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page