Hamilton Beach Backtesting

HBB -- USA Stock  

Quarterly Earning Report: October 29, 2019  

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

Hamilton Beach 'What if' Analysis

July 21, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
October 19, 2019
0.00
If you would invest  0.00  in Hamilton Beach on July 21, 2019 and sell it all today you would earn a total of 0.00 from holding Hamilton Beach Brands Holding C or generate 0.0% return on investment in Hamilton Beach over 90 days. Hamilton Beach is related to or competes with Fabrinet, LG Display, Emerson Radio, Mohawk Group, GoPro, and IRobot. Hamilton Beach Brands Holding Company, together with its subsidiaries, operates in the consumer, commercial, specialty s...

Hamilton Beach Upside/Downside Indicators

Downside Deviation3.88
Information Ratio0.0626
Maximum Drawdown17.46
Value At Risk(4.53)
Potential Upside4.3

Hamilton Beach Market Premium Indicators

Risk Adjusted Performance0.0616
Jensen Alpha0.1972
Total Risk Alpha0.2637
Sortino Ratio0.0506
Treynor Ratio0.1594

Hamilton Beach Brands Backtested Returns

We consider Hamilton Beach slightly risky. Hamilton Beach Brands holds Efficiency (Sharpe) Ratio of 0.0624 which attests that the entity had 0.0624% of return per unit of risk over the last 3 months. Our philosophy towards determining volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Hamilton Beach Brands which you can use to evaluate future volatility of the corporation. Please check out Hamilton Beach Downside Deviation of 3.88, Risk Adjusted Performance of 0.0616 and Market Risk Adjusted Performance of 0.1694 to validate if risk estimate we provide are consistent with the epected return of 0.1966%. Hamilton Beach has performance score of 4 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 1.0373 which attests that Hamilton Beach returns are very sensitive to returns on the market. as market goes up or down, Hamilton Beach is expected to follow. Although it is extremely important to respect Hamilton Beach Brands current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining 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 evaluating Hamilton Beach Brands technical indicators you can presently evaluate if the expected return of 0.1966% will be sustainable into the future. Hamilton Beach Brands right now retains a risk of 3.1493%. Please check out Hamilton Beach Maximum Drawdown, Semi Variance and the relationship between Sortino Ratio and Potential Upside to decide if Hamilton Beach will be following its current trending patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.52) 
correlation synergy

Good reverse predictability

Hamilton Beach Brands Holding C has good reverse predictability. Overlapping area represents the amount of predictability between Hamilton Beach time series from July 21, 2019 to September 4, 2019 and September 4, 2019 to October 19, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hamilton Beach Brands price movement. The serial correlation of -0.52 indicates that about 52.0% of current Hamilton Beach price fluctuation can be explain by its past prices. Given that Hamilton Beach Brands Holding C has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Hamilton Beach for similar time interval.
Correlation Coefficient-0.52
Spearman Rank Test-0.11
Residual Average0.0
Price Variance0.35

Hamilton Beach Brands lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Hamilton Beach regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Hamilton Beach Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - HBB

Hamilton Beach Brands Investor Sentiment

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Please also check Hamilton Beach Hype Analysis, Hamilton Beach Correlation, Hamilton Beach Valuation, Hamilton Beach Volatility as well as analyze Hamilton Beach Alpha and Beta and Hamilton Beach Performance. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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