Pioneer Natural Backtesting

<div class='logoBackup' style='background:#FCD202;color: white;font-size:3em;;'>PXD</div>
PXD -- USA Stock  

Earning Report: February 19, 2020  

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

Pioneer Natural 'What if' Analysis

October 21, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
January 19, 2020
0.00
If you would invest  0.00  in Pioneer Natural on October 21, 2019 and sell it all today you would earn a total of 0.00 from holding Pioneer Natural Resources Compa or generate 0.0% return on investment in Pioneer Natural over 90 days. Pioneer Natural is related to or competes with Range Resources, Western Midstream, QEP Resources, Whiting Petroleum, Southwestern Energy, SM Energy, and Pioneer Natural. Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the Unite...

Pioneer Natural Upside/Downside Indicators

Downside Deviation1.97
Information Ratio0.0357
Maximum Drawdown10.03
Value At Risk(3.30)
Potential Upside4.03

Pioneer Natural Market Premium Indicators

Risk Adjusted Performance0.0572
Jensen Alpha(0.006102)
Total Risk Alpha(0.40)
Sortino Ratio0.0387
Treynor Ratio0.1322

Pioneer Natural Reso Backtested Returns

Macroaxis considers Pioneer Natural very steady given 3 months investment horizon. Pioneer Natural Reso maintains Sharpe Ratio (i.e. Efficiency) of 0.1404 which implies the corporation had 0.1404% 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 Pioneer Natural Reso which you can use to evaluate future volatility of the company. Please employ Pioneer Natural Reso Coefficient Of Variation of 958.77, Semi Deviation of 1.71 and Risk Adjusted Performance of 0.0572 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Pioneer Natural holds performance score of 9. The organization holds Beta of 1.6039 which implies as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Pioneer Natural will likely underperform. Although it is vital to follow to Pioneer Natural Reso current trending patterns, it is good to be conservative about what you can actually do with the information regarding 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 Pioneer Natural Reso technical indicators you can presently evaluate if the expected return of 0.2983% will be sustainable into the future. Please employ Pioneer Natural Reso Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to make a quick decision on weather Pioneer Natural historical price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.48 
correlation synergy

Average predictability

Pioneer Natural Resources Compa has average predictability. Overlapping area represents the amount of predictability between Pioneer Natural time series from October 21, 2019 to December 5, 2019 and December 5, 2019 to January 19, 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pioneer Natural Reso price movement. The serial correlation of 0.48 indicates that about 48.0% of current Pioneer Natural price fluctuation can be explain by its past prices.
Correlation Coefficient0.48
Spearman Rank Test0.08
Residual Average0.0
Price Variance52.6

Pioneer Natural Reso lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

Pioneer Natural regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
  Timeline 

Pioneer Natural Lagged Returns

 Regressed Prices 
    
  Timeline 

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Please also check Pioneer Natural Hype Analysis, Pioneer Natural Correlation, Pioneer Natural Valuation, Pioneer Natural Volatility as well as analyze Pioneer Natural Alpha and Beta and Pioneer Natural Performance. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.