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German Backtesting

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GERHSP -- Denmark Stock  

DKK 111.00  6.00  5.71%

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

German High 'What if' Analysis

0.00
01/03/2020
No Change 0.00  0.0 
In 3 months and 1 day
04/02/2020
0.00
If you would invest  0.00  in German High on January 3, 2020 and sell it all today you would earn a total of 0.00 from holding German High Street Properties A or generate 0.0% return on investment in German High over 90 days. German High is related to or competes with Fast Ejendom. German High Street Properties AS invests in and rents high-street properties in Germany

German High Upside/Downside Indicators

Information Ratio0.0307
Maximum Drawdown33.67
Value At Risk(7.89)
Potential Upside4.59

German High Market Premium Indicators

Risk Adjusted Performance(0.18)
Jensen Alpha(0.37)
Total Risk Alpha0.258
Treynor Ratio0.7291

German High Street Backtested Returns

Macroaxis considers German High to be not too volatile. German High Street holds Efficiency (Sharpe) Ratio of -0.0653, which attests that the entity had -0.0653% of return per unit of risk over the last 3 months. Macroaxis philosophy towards determining 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. German High Street exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out German High Market Risk Adjusted Performance of 0.7391 and Risk Adjusted Performance of (0.18) to validate the risk estimate we provide. The company retains a Market Volatility (i.e. Beta) of -0.3337, which attests that as returns on market increase, returns on owning German High are expected to decrease at a much smaller rate. During bear market, German High is likely to outperform the market. Even though it is essential to pay attention to German High Street current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining 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. German High Street exposes twenty-one different technical indicators, which can help you to evaluate its performance. German High Street has an expected return of -0.3326%. Please be advised to check out German High Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if German High Street stock performance from the past will be repeated at some point in the near future.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.00 
correlation synergy

No correlation between past and present

German High Street Properties A has no correlation between past and present. Overlapping area represents the amount of predictability between German High time series from January 3, 2020 to February 17, 2020 and February 17, 2020 to April 2, 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 German High Street price movement. The serial correlation of 0.0 indicates that just 0.0% of current German High price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test-0.74
Residual Average0.0
Price Variance255.61

German High Street lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

German High regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
  Timeline 

German High Lagged Returns

 Regressed Prices 
    
  Timeline 

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Please check German High Hype Analysis, German High Correlation, German High Valuation, German High Volatility as well as analyze German High Alpha and Beta and German High Performance. Please also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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