Hancock Horizon Backtesting

HHICX -- USA Fund  

USD 12.70  0.02  0.16%

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

Hancock Horizon 'What if' Analysis

October 20, 2018
No Change 0.00  0.0%
In 30 days
November 19, 2018
If you would invest  0.00  in Hancock Horizon on October 20, 2018 and sell it all today you would earn a total of 0.00 from holding Hancock Horizon Diversified Income C or generate 0.0% return on investment in Hancock Horizon over 30 days. Hancock Horizon is related to or competes with PIMCO All, PIMCO All, PIMCO All, Pimco All, Putnam Dynamic, Goldman Sachs, and Goldman Sachs. The investment seeks to maximize current income, with a secondary goal of long-term capital appreciation

Hancock Horizon Upside/Downside Indicators

Information Ratio0.07
Maximum Drawdown1.1
Value At Risk0.39
Potential Upside0.4747

Hancock Horizon Market Premium Indicators

Risk Adjusted Performance0.07
Jensen Alpha0.02071
Total Risk Alpha0.021009
Treynor Ratio0.12

Hancock Horizon Dive Backtested Returns

We consider Hancock Horizon not too risky. Hancock Horizon Dive holds Efficiency (Sharpe) Ratio of 0.0015 which attests that Hancock Horizon Dive had 0.0015% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Hancock Horizon Dive which you can use to evaluate future volatility of the entity. Please check out Hancock Horizon Market Risk Adjusted Performance of 0.11 and Risk Adjusted Performance of 0.07 to validate if risk estimate we provide are consistent with the epected return of 5.0E-4%. The fund retains Market Volatility (i.e. Beta) of 0.1636 which attests that as returns on market increase, Hancock Horizon returns are expected to increase less than the market. However during bear market, the loss on holding Hancock Horizon will be expected to be smaller as well.. Although it is extremely important to respect Hancock Horizon Dive 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 fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating Hancock Horizon Dive technical indicators you can presently evaluate if the expected return of 5.0E-4% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.40) 
correlation synergy

Poor reverse predictability

Hancock Horizon Diversified Income C has poor reverse predictability. Overlapping area represents the amount of predictability between Hancock Horizon time series from October 20, 2018 to November 4, 2018 and November 4, 2018 to November 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 Hancock Horizon Dive price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Hancock Horizon price fluctuation can be explain by its past prices. Given that Hancock Horizon Diversified Income C has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Hancock Horizon for similar time interval.
Correlation Coefficient-0.4
Spearman Rank Test-0.26
Residual Average0.0
Price Variance0.0

Hancock Horizon Dive lagged returns against current returns

 Current and Lagged Values 

Hancock Horizon regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Hancock Horizon Lagged Returns

 Regressed Prices 

Current Sentiment - HHICX

Hancock Horizon Dive Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Hancock Horizon Diversified Income C. What is your judgment towards investing in Hancock Horizon Diversified Income C? Are you bullish or bearish?
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50% Bearish

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Please also check Hancock Horizon Hype Analysis, Hancock Horizon Correlation, Portfolio Optimization, Hancock Horizon Volatility as well as analyze Hancock Horizon Alpha and Beta and Hancock Horizon Performance. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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