RATIO Backtesting

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RATI-L -- Israel Stock  

ILA 119.70  4.30  3.47%

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

RATIO 'What if' Analysis

No Change 0.00  0.0 
In 3 months and 1 day
If you would invest  0.00  in RATIO on February 28, 2020 and sell it all today you would earn a total of 0.00 from holding RATIO or generate 0.0% return on investment in RATIO over 90 days. Ratio Oil Exploration Limited Partnership engages in the exploration and production of hydrocarbons in the Eastern Medit...

RATIO Upside/Downside Indicators

Information Ratio(0.03664)
Maximum Drawdown61.55
Value At Risk(10.00)
Potential Upside14.36

RATIO Market Premium Indicators

Risk Adjusted Performance(0.16)
Jensen Alpha(0.46)
Total Risk Alpha(0.28)
Treynor Ratio1.78

RATIO Backtested Returns

RATIO is very steady given 3 months investment horizon. RATIO maintains Sharpe Ratio (i.e. Efficiency) of 0.1575, which implies the company had 0.1575% of return per unit of standard deviation over the last 3 months. Our approach into forecasting the risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.79% are justified by taking the suggested risk. Use RATIO Coefficient Of Variation of (2,388), Mean Deviation of 5.44 and Market Risk Adjusted Performance of 1.79 to evaluate company specific risk that cannot be diversified away. RATIO holds performance score of 10 on a scale of zero to a hundred. The corporation holds a Beta of -0.2498, which implies as returns on market increase, returns on owning RATIO are expected to decrease at a much smaller rate. During bear market, RATIO is likely to outperform the market. Although it is essential to pay attention to RATIO 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 fundamental and technical indicators. To evaluate if RATIO expected return of 1.79 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 RATIO Treynor Ratio, Value At Risk, Downside Variance, as well as the relationship between Maximum Drawdown and Potential Upside to analyze future returns on RATIO.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation(0.33) 
correlation synergy

Poor reverse predictability

RATIO has poor reverse predictability. Overlapping area represents the amount of predictability between RATIO time series from 28th of February 2020 to 13th of April 2020 and 13th of April 2020 to 28th of May 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 RATIO price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current RATIO price fluctuation can be explain by its past prices. Given that RATIO has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of RATIO for similar time interval.
Correlation Coefficient-0.33
Spearman Rank Test-0.29
Residual Average0.0
Price Variance181.35

RATIO lagged returns against current returns

 Current and Lagged Values 

RATIO regressed lagged prices vs. current prices

 Current vs Lagged Prices 

RATIO Lagged Returns

 Regressed Prices 

Current Sentiment - RATI-L

RATIO Investor Sentiment

Macroaxis portfolio users are evenly split in their perspective on investing in RATIO. What is your perspective on investing in RATIO? Are you bullish or bearish?
50% Bullish
50% Bearish

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Additionally, take a look at RATIO Hype Analysis, RATIO Correlation, RATIO Valuation, RATIO Volatility as well as analyze RATIO Alpha and Beta and RATIO Performance. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page