With this equity back-testing module your can estimate the performance of a buy and hold strategy of MirLand Development Corporation Plc and determine expected loss or profit from investing in MirLand Development over given investment horizon. Please see also MirLand Development Hype Analysis, MirLand Development Correlation, MirLand Development Valuation, MirLand Development Volatility as well as analyze MirLand Development Alpha and Beta and MirLand Development Performance.
|Horizon||30 Days Login to change|
MirLand Development 'What if' Analysis
October 14, 20180.00
December 13, 20180.00
If you would invest 0.00 in MirLand Development on October 14, 2018 and sell it all today you would earn a total of 0.00 from holding MirLand Development Corporation Plc or generate 0.0% return on investment in MirLand Development over 60 days. MirLand Development is related to or competes with Azrieli Group, Amot Investment, Gazit Globe, Villar International, Ashtrom Properties, Norstar Holdings, and Y H. MirLand Development Corporation Plc acquires, invests in, develops, constructs, leases, and sells commercial and residen...
MirLand Development Upside/Downside Indicators
MirLand Development Market Premium Indicators
MirLand Development Plc Backtested Returns
Macroaxis considers MirLand Development to be not too volatile. MirLand Development Plc has Sharpe Ratio of -0.3908 which conveys that MirLand Development Plc had -0.3908% of return per unit of risk over the last 2 months. 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. MirLand Development exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify MirLand Development Corporation Plc Mean Deviation of 2.56 and Risk Adjusted Performance of
(0.46) to check out risk estimate we provide. Macroaxis gives MirLand Development performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of -0.5371 which conveys that as returns on market increase, returns on owning MirLand Development are expected to decrease at a much smaller rate. During bear market, MirLand Development is likely to outperform the market.. Even though it is essential to pay attention to MirLand Development Plc 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. MirLand Development exposes twenty-one different technical indicators which can help you to evaluate its performance. MirLand Development Plc has expected return of -1.4896%. Please be advised to verify MirLand Development Corporation Plc Treynor Ratio as well as the relationship between Potential Upside and Expected Short fall to decide if MirLand Development Plc past performance will be repeated at some point in the near future.
|15 days auto-correlation||0.92|
|Spearman Rank Test||0.7|
MirLand Development Plc lagged returns against current returns
Current and Lagged Values
MirLand Development regressed lagged prices vs. current prices
Current vs Lagged Prices
MirLand Development Lagged Returns
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
|All Next||Launch Correlation Analysis|
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see also MirLand Development Hype Analysis, MirLand Development Correlation, MirLand Development Valuation, MirLand Development Volatility as well as analyze MirLand Development Alpha and Beta and MirLand Development Performance. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.