QVC (Germany) Backtesting

LB3A -- Germany Stock  

EUR 18.52  0.67  3.75%

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

QVC 'What if' Analysis

October 16, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
December 15, 2018
0.00
If you would invest  0.00  in QVC on October 16, 2018 and sell it all today you would earn a total of 0.00 from holding QVC Group or generate 0.0% return on investment in QVC over 60 days. QVC is related to or competes with Amazon, Alibaba Group, OReilly Automotive, Advance Auto, KAR Auction, and Zalando SE. Qurate Retail, Inc., through its subsidiaries, engages in the video and online commerce industries in North America, Eur...

QVC Upside/Downside Indicators

Information Ratio0.0082
Maximum Drawdown11.56
Value At Risk(3.62)
Potential Upside3.94
  

QVC Market Premium Indicators

Risk Adjusted Performance(0.041519)
Jensen Alpha(0.06)
Total Risk Alpha0.1199
Treynor Ratio(0.35)

QVC Group Backtested Returns

Macroaxis considers QVC to be not very risky. QVC Group retains Efficiency (Sharpe Ratio) of -0.0416 which implies QVC Group had -0.0416% of return per unit of risk over the last 2 months. Macroaxis philosophy in forecasting 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. QVC exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check QVC Group Market Risk Adjusted Performance of (0.34) to confirm risk estimate we provide. Macroaxis gives QVC performance score of 0 on a scale of 0 to 100. The organization owns Beta (Systematic Risk) of 0.278 which implies as returns on market increase, QVC returns are expected to increase less than the market. However during bear market, the loss on holding QVC will be expected to be smaller as well.. Even though it is essential to pay attention to QVC Group existing price patterns, it is always good to be careful when utilizing equity price patterns. Macroaxis philosophy in forecasting 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. QVC exposes twenty-one different technical indicators which can help you to evaluate its performance. QVC Group has expected return of -0.1022%. Please be advised to check QVC Group Coefficient Of Variation, Variance and the relationship between Downside Deviation and Standard Deviation to decide if QVC Group past performance will be repeated at future time.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.68) 
correlation synergy

Very good reverse predictability

QVC Group has very good reverse predictability. Overlapping area represents the amount of predictability between QVC time series from October 16, 2018 to November 15, 2018 and November 15, 2018 to December 15, 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 QVC Group price movement. The serial correlation of -0.68 indicates that around 68.0% of current QVC price fluctuation can be explain by its past prices. Given that QVC Group has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of QVC for similar time interval.
Correlation Coefficient-0.68
Spearman Rank Test-0.32
Residual Average0.0
Price Variance0.45

QVC Group lagged returns against current returns

 Current and Lagged Values 
      Timeline 

QVC regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

QVC Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - LB3A

QVC Group Investor Sentiment

Macroaxis portfolio users are evenly split in their trading attitude regarding investing in QVC Group. What is your perspective on investing in QVC Group? Are you bullish or bearish?
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Please see also QVC Hype Analysis, QVC Correlation, QVC Valuation, QVC Volatility as well as analyze QVC Alpha and Beta and QVC Performance. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.
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