Tiffany Backtesting

Tiffany Co -- USA Stock  

USD 107.77  0.28  0.26%

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

Tiffany 'What if' Analysis

December 23, 2017
No Change 0.00  0.0%
In 30 days
January 22, 2018
If you would invest  0.00  in Tiffany on December 23, 2017 and sell it all today you would earn a total of 0.00 from holding Tiffany Co or generate 0.0% return on investment in Tiffany over 30 days. Tiffany is related to or competes with Este Lauder, Avon Products, Nu Skin, Kingold Jewelry. Its jewelry solutions include fine and solitaire jewelry engagement rings and wedding bands and nongemstone, sterling si...

Tiffany Upside/Downside Indicators


Tiffany Market Premium Indicators

Tiffany Co lagged returns against current returns

 Current and Lagged Values 

Tiffany regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Tiffany Co Backtested Returns

We consider Tiffany not too risky. Tiffany Co owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.1535 which indicates Tiffany Co had 0.1535% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty technical indicators for Tiffany Co which you can use to evaluate future volatility of the company. Please validate Tiffany Downside Deviation of 0.5705, Standard Deviation of 1.05 and Risk Adjusted Performance of 0.1396 to confirm if risk estimate we provide are consistent with the epected return of 0.138%. Tiffany has performance score of 10 on a scale of 0 to 100. The entity has beta of 0.8827 which indicates Tiffany returns are very sensitive to returns on the market. as market goes up or down, Tiffany is expected to follow.. Although it is extremely important to respect Tiffany Co current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring 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 inspecting Tiffany Co technical indicators you can presently evaluate if the expected return of 0.138% will be sustainable into the future. Tiffany Co right now has a risk of 0.8991%. Please validate Tiffany Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Tiffany will be following its existing price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.7 

Good predictability

Tiffany Co has good predictability. Overlapping area represents the amount of predictability between Tiffany time series from December 23, 2017 to January 7, 2018 and January 7, 2018 to January 22, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tiffany Co price movement. The serial correlation of 0.7 indicates that around 70.0% of current Tiffany price fluctuation can be explain by its past prices.
Correlation Coefficient 0.7
Spearman Rank Test 0.78
Price Variance 0.85
Lagged Price Variance 1.23

Tiffany Lagged Returns

 Regressed Prices 

Tiffany Performance vs DOW

The median price of Tiffany for the period between Sat, Dec 23, 2017 and Mon, Jan 22, 2018 is 106.54 with a coefficient of variation of 2.53. The daily time series for the period is distributed with a sample standard deviation of 2.67, arithmetic mean of 105.42, and mean deviation of 2.16. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)