Prologis Backtesting

PLD -- USA Stock  

Fiscal Quarter End: December 31, 2019  

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

Prologis 'What if' Analysis

August 15, 2019
0.00
No Change 0.00  0.0 
In 2 months and 31 days
November 13, 2019
0.00
If you would invest  0.00  in Prologis on August 15, 2019 and sell it all today you would earn a total of 0.00 from holding Prologis or generate 0.0% return on investment in Prologis over 90 days. Prologis is related to or competes with Park Hotels, Kennedy Wilson, Realty Income, SL Green, ELBIT IMAGING, Healthcare Realty, and Prologis. Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets

Prologis Upside/Downside Indicators

Downside Deviation1.55
Information Ratio(0.006232)
Maximum Drawdown8.77
Value At Risk(1.91)
Potential Upside1.78

Prologis Market Premium Indicators

Risk Adjusted Performance0.0676
Jensen Alpha0.0404
Total Risk Alpha(0.06)
Sortino Ratio(0.005159)
Treynor Ratio0.1773

Prologis Backtested Returns

We consider Prologis very steady. Prologis maintains Sharpe Ratio (i.e. Efficiency) of 0.0866 which implies the corporation had 0.0866% of return per unit of risk over the last 3 months. Our philosophy towards forecasting 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-one technical indicators for Prologis which you can use to evaluate future volatility of the company. Please check Prologis Risk Adjusted Performance of 0.0676, Semi Deviation of 1.4 and Coefficient Of Variation of 1318.52 to confirm if risk estimate we provide are consistent with the epected return of 0.1107%. Prologis has performance score of 5 on a scale of 0 to 100. The organization holds Beta of 0.4915 which implies as returns on market increase, Prologis returns are expected to increase less than the market. However during bear market, the loss on holding Prologis will be expected to be smaller as well. Although it is extremely important to respect Prologis current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting 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 Prologis technical indicators you can presently evaluate if the expected return of 0.1107% will be sustainable into the future. Prologis right now holds a risk of 1.2793%. Please check Prologis Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if Prologis will be following its historical price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.27 
correlation synergy

Poor predictability

Prologis has poor predictability. Overlapping area represents the amount of predictability between Prologis time series from August 15, 2019 to September 29, 2019 and September 29, 2019 to November 13, 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 Prologis price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Prologis price fluctuation can be explain by its past prices.
Correlation Coefficient0.27
Spearman Rank Test0.4
Residual Average0.0
Price Variance4.47

Prologis lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Prologis regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Prologis Lagged Returns

 Regressed Prices 
      Timeline 

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Additionally take a look at Prologis Hype Analysis, Prologis Correlation, Prologis Valuation, Prologis Volatility as well as analyze Prologis Alpha and Beta and Prologis Performance. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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