Kingold Jewelry Backtesting

Kingold Jewelry Inc -- USA Stock  

USD 1.96  0.005  0.26%

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

Kingold Jewelry 'What if' Analysis

December 23, 2017
No Change 0.00  0.0%
In 30 days
January 22, 2018
If you would invest  0.00  in Kingold Jewelry on December 23, 2017 and sell it all today you would earn a total of 0.00 from holding Kingold Jewelry Inc or generate 0.0% return on investment in Kingold Jewelry over 30 days. Kingold Jewelry is related to or competes with Este Lauder, Avon Products, Nu Skin, Tiffany, and . It offers a range of inhouse designed products including gold necklaces rings earrings bracelets and pendants

Kingold Jewelry Upside/Downside Indicators


Kingold Jewelry Market Premium Indicators

Kingold Jewelry Inc lagged returns against current returns

 Current and Lagged Values 

Kingold Jewelry regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Kingold Jewelry Inc Backtested Returns

Macroaxis considers Kingold Jewelry to be extremely risky. Kingold Jewelry Inc has Sharpe Ratio of -0.0252 which conveys that Kingold Jewelry Inc had -0.0252% of return per unit of risk over the last 1 month. Macroaxis philosophy towards estimating 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. Kingold Jewelry exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Kingold Jewelry Inc Mean Deviation of 1.31 and Risk Adjusted Performance of (0.017879) to check out risk estimate we provide. Macroaxis gives Kingold Jewelry performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of 0.0888 which conveys that as returns on market increase, Kingold Jewelry returns are expected to increase less than the market. However during bear market, the loss on holding Kingold Jewelry will be expected to be smaller as well.. Even though it is essential to pay attention to Kingold Jewelry Inc price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating 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. Kingold Jewelry exposes twenty-one different technical indicators which can help you to evaluate its performance. Kingold Jewelry Inc has expected return of -0.0512%. Please be advised to verify Kingold Jewelry Inc Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to decide if Kingold Jewelry Inc past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.12 

Insignificant predictability

Kingold Jewelry Inc has insignificant predictability. Overlapping area represents the amount of predictability between Kingold Jewelry time series from December 23, 2017 to January 7, 2018 and January 7, 2018 to January 22, 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 Kingold Jewelry Inc price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Kingold Jewelry price fluctuation can be explain by its past prices.
Correlation Coefficient 0.12
Spearman Rank Test 0.18
Average Price 1.95
Lagged Average Price 1.99

Kingold Jewelry Lagged Returns

 Regressed Prices 

Kingold Jewelry Performance vs DOW

The median price of Kingold Jewelry for the period between Sat, Dec 23, 2017 and Mon, Jan 22, 2018 is 1.98 with a coefficient of variation of 1.68. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 1.97, and mean deviation of 0.03. The Stock received some media coverage during the period.
Price Growth (%)  
Why Kingold Jewelry Inc CEO Salary Matters To You01/16/2018