Lowes Companies Backtesting

LOW -- USA Stock  

Fiscal Quarter End: October 31, 2019  

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

Lowes Companies 'What if' Analysis

July 16, 2019
No Change 0.00  0.0 
In 3 months and 1 day
October 14, 2019
If you would invest  0.00  in Lowes Companies on July 16, 2019 and sell it all today you would earn a total of 0.00 from holding Lowes Companies or generate 0.0% return on investment in Lowes Companies over 90 days. Lowes Companies is related to or competes with Home Depot, Floor Decor, DHX Media, Ford Motor, Lumber Liquidators, and Macys. Lowes Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States, Can...

Lowes Companies Upside/Downside Indicators

Downside Deviation1.4
Information Ratio0.0634
Maximum Drawdown13.24
Value At Risk(2.28)
Potential Upside2.42

Lowes Companies Market Premium Indicators

Risk Adjusted Performance0.061
Jensen Alpha0.1228
Total Risk Alpha0.1382
Sortino Ratio0.0852
Treynor Ratio0.0833

Lowes Companies Backtested Returns

We consider Lowes Companies very steady. Lowes Companies has Sharpe Ratio of 0.0481 which conveys that the firm had 0.0481% of return per unit of risk over the last 3 months. Our philosophy towards estimating volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Lowes Companies which you can use to evaluate future volatility of the firm. Please verify Lowes Companies Mean Deviation of 1.17, Downside Deviation of 1.4 and Risk Adjusted Performance of 0.061 to check out if risk estimate we provide are consistent with the epected return of 0.0894%. Lowes Companies has performance score of 3 on a scale of 0 to 100. The company secures Beta (Market Risk) of 1.1815 which conveys that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Lowes Companies will likely underperform. Although it is extremely important to respect Lowes Companies price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Lowes Companies technical indicators you can presently evaluate if the expected return of 0.0894% will be sustainable into the future. Lowes Companies right now secures a risk of 1.8594%. Please verify Lowes Companies Sortino Ratio, Semi Variance as well as the relationship between Semi Variance and Rate Of Daily Change to decide if Lowes Companies will be following its current price movements.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.26 
correlation synergy

Poor predictability

Lowes Companies has poor predictability. Overlapping area represents the amount of predictability between Lowes Companies time series from July 16, 2019 to August 30, 2019 and August 30, 2019 to October 14, 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 Lowes Companies price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Lowes Companies price fluctuation can be explain by its past prices.
Correlation Coefficient0.26
Spearman Rank Test-0.02
Residual Average0.0
Price Variance6.51

Lowes Companies lagged returns against current returns

 Current and Lagged Values 

Lowes Companies regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Lowes Companies Lagged Returns

 Regressed Prices 

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Please see also Lowes Companies Hype Analysis, Lowes Companies Correlation, Lowes Companies Valuation, Lowes Companies Volatility as well as analyze Lowes Companies Alpha and Beta and Lowes Companies Performance. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.
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