HR Block Backtesting

HR Block Inc -- USA Stock  

USD 26.48  0.2  0.76%

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

HR Block 'What if' Analysis

December 21, 2017
No Change 0.00  0.0%
In 31 days
January 20, 2018
If you would invest  0.00  in HR Block on December 21, 2017 and sell it all today you would earn a total of 0.00 from holding HR Block Inc or generate 0.0% return on investment in HR Block over 30 days. HR Block is related to or competes with AECOM, Accenture plc, Booz Allen, DST Systems, Marsh McLennan. HR Block Inc offers assisted income tax return preparation and related services through a system of retail offices opera...

HR Block Upside/Downside Indicators


HR Block Market Premium Indicators

HR Block Inc lagged returns against current returns

 Current and Lagged Values 

HR Block regressed lagged prices vs. current prices

 Current vs Lagged Prices 

HR Block Inc Backtested Returns

Macroaxis considers HR Block to be not too volatile. HR Block Inc retains Efficiency (Sharpe Ratio) of -0.069 which attests that HR Block Inc had -0.069% of return per unit of price deviation over the last 1 month. Macroaxis way in which we are 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. HR Block exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out HR Block Inc Standard Deviation of 1.37 and Market Risk Adjusted Performance of (32.41) to validate risk estimate we provide. Macroaxis gives HR Block performance score of 0 on a scale of 0 to 100. The company owns Beta (Systematic Risk) of 0.0074 which attests that as returns on market increase, HR Block returns are expected to increase less than the market. However during bear market, the loss on holding HR Block will be expected to be smaller as well.. Even though it is essential to pay attention to HR Block Inc existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis way in which we are 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. HR Block exposes twenty-one different technical indicators which can help you to evaluate its performance. HR Block Inc has expected return of -0.0775%. Please be advised to check out HR Block Inc Downside Deviation, Treynor Ratio, Expected Short fall, as well as the relationship between Variance and Potential Upside to decide if HR Block Inc past performance will be repeated sooner or later.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.26 

Poor predictability

HR Block Inc has poor predictability. Overlapping area represents the amount of predictability between HR Block time series from December 21, 2017 to January 5, 2018 and January 5, 2018 to January 20, 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 HR Block Inc price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current HR Block price fluctuation can be explain by its past prices.
Correlation Coefficient 0.26
Spearman Rank Test -0.53
Price Variance 0.05
Lagged Price Variance 0.06

HR Block Lagged Returns

 Regressed Prices 

HR Block Performance vs DOW

The median price of HR Block for the period between Thu, Dec 21, 2017 and Sat, Jan 20, 2018 is 26.53 with a coefficient of variation of 1.92. The daily time series for the period is distributed with a sample standard deviation of 0.51, arithmetic mean of 26.6, and mean deviation of 0.35. The Stock received some media coverage during the period.
Price Growth (%)  
Weight Watchers International, Inc. vs. HandR Block, Inc. Wh...01/18/2018