PETRONE WORLDWIDE Backtesting

PFWIQ -- USA Stock  

USD 0.0001  0.00  0.00%

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

PETRONE WORLDWIDE 'What if' Analysis

July 19, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
October 17, 2019
0.00
If you would invest  0.00  in PETRONE WORLDWIDE on July 19, 2019 and sell it all today you would earn a total of 0.00 from holding PETRONE WORLDWIDE INC or generate 0.0% return on investment in PETRONE WORLDWIDE over 90 days. PETRONE WORLDWIDE is related to or competes with Whirlpool, Mohawk Industries, Leggett Platt, HOWDEN JOINERY, Tempur Sealy, MAN WAH, and La Z. Petrone Worldwide, Inc. imports, exports, and distributes tableware products, decorative hotel guest room amenities, lav...

PETRONE WORLDWIDE Upside/Downside Indicators

Information Ratio0.0557
Maximum Drawdown150.0

PETRONE WORLDWIDE Market Premium Indicators

Risk Adjusted Performance0.0625
Jensen Alpha0.7421
Total Risk Alpha1.09
Treynor Ratio(3.27)

PETRONE WORLDWIDE INC Backtested Returns

PETRONE WORLDWIDE is out of control given 3 months investment horizon. PETRONE WORLDWIDE INC maintains Sharpe Ratio (i.e. Efficiency) of 0.1213 which implies the corporation had 0.1213% of return per unit of standard deviation over the last 3 months. Our approach into forecasting volatility of a stock is to use PETRONE WORLDWIDE INC market data together with company specific technical indicators. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 15.85% are justified by taking the suggested risk. Use PETRONE WORLDWIDE Risk Adjusted Performance of 0.0625 and Market Risk Adjusted Performance of (3.26) to evaluate company specific risk that cannot be diversified away. PETRONE WORLDWIDE holds performance score of 8 on a scale of zero to a hundred. The organization holds Beta of -0.2289 which implies as returns on market increase, returns on owning PETRONE WORLDWIDE are expected to decrease at a much smaller rate. During bear market, PETRONE WORLDWIDE is likely to outperform the market. Although it is essential to pay attention to PETRONE WORLDWIDE INC current trending patterns, it is also good to be reasonable about what you can actually do with equity existing price patterns. Macroaxis approach into forecasting future performance of any stock is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if PETRONE WORLDWIDE INC expected return of 15.85 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable. Use PETRONE WORLDWIDE Jensen Alpha and Downside Variance to analyze future returns on PETRONE WORLDWIDE.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 
correlation synergy

No correlation between past and present

PETRONE WORLDWIDE INC has no correlation between past and present. Overlapping area represents the amount of predictability between PETRONE WORLDWIDE time series from July 19, 2019 to September 2, 2019 and September 2, 2019 to October 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 PETRONE WORLDWIDE INC price movement. The serial correlation of 0.0 indicates that just 0.0% of current PETRONE WORLDWIDE price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.82
Residual Average0.0
Price Variance0.0

PETRONE WORLDWIDE INC lagged returns against current returns

 Current and Lagged Values 
      Timeline 

PETRONE WORLDWIDE regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

PETRONE WORLDWIDE Lagged Returns

 Regressed Prices 
      Timeline 

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Additionally take a look at PETRONE WORLDWIDE Hype Analysis, PETRONE WORLDWIDE Correlation, PETRONE WORLDWIDE Valuation, PETRONE WORLDWIDE Volatility as well as analyze PETRONE WORLDWIDE Alpha and Beta and PETRONE WORLDWIDE Performance. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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