Intercontinental Backtesting

IHG -- USA Stock  

USD 61.41  0.03  0.0489%

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

Intercontinental 'What if' Analysis

August 19, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
November 17, 2019
0.00
If you would invest  0.00  in Intercontinental on August 19, 2019 and sell it all today you would earn a total of 0.00 from holding Intercontinental Hotels Group or generate 0.0% return on investment in Intercontinental over 90 days. Intercontinental is related to or competes with Hyatt Hotels, Choice Hotels, GreenTree Hospitality, Hilton Worldwide, Marriott International, and Huazhu Group. InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the Americas, Europe, Asia, the Middle...

Intercontinental Upside/Downside Indicators

Information Ratio(0.15)
Maximum Drawdown5.45
Value At Risk(1.78)
Potential Upside1.5

Intercontinental Market Premium Indicators

Risk Adjusted Performance(0.010005)
Jensen Alpha(0.13)
Total Risk Alpha(0.22)
Treynor Ratio(0.038108)

Intercontinental Hotels Backtested Returns

Macroaxis considers Intercontinental to be very steady. Intercontinental Hotels holds Efficiency (Sharpe) Ratio of -0.0404 which attests that the entity had -0.0404% 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. Intercontinental Hotels exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Intercontinental Market Risk Adjusted Performance of (0.028108) and Risk Adjusted Performance of (0.010005) to validate risk estimate we provide. The company retains Market Volatility (i.e. Beta) of 0.7584 which attests that as returns on market increase, Intercontinental returns are expected to increase less than the market. However during bear market, the loss on holding Intercontinental will be expected to be smaller as well. Even though it is essential to pay attention to Intercontinental Hotels 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. Intercontinental Hotels exposes twenty-one different technical indicators which can help you to evaluate its performance. Intercontinental Hotels has expected return of -0.0428%. Please be advised to check out Intercontinental Maximum Drawdown as well as the relationship between Downside Variance and Skewness to decide if Intercontinental Hotels past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.60) 
correlation synergy

Good reverse predictability

Intercontinental Hotels Group has good reverse predictability. Overlapping area represents the amount of predictability between Intercontinental time series from August 19, 2019 to October 3, 2019 and October 3, 2019 to November 17, 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 Intercontinental Hotels price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Intercontinental price fluctuation can be explain by its past prices. Given that Intercontinental Hotels Group has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Intercontinental for similar time interval.
Correlation Coefficient-0.6
Spearman Rank Test-0.5
Residual Average0.0
Price Variance1.16

Intercontinental Hotels lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Intercontinental regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Intercontinental Lagged Returns

 Regressed Prices 
      Timeline 

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Please also check Intercontinental Hype Analysis, Intercontinental Correlation, Intercontinental Valuation, Intercontinental Volatility as well as analyze Intercontinental Alpha and Beta and Intercontinental Performance. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.
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