TSINGTAO BREWERY (Germany) Backtesting

TSI -- Germany Stock  

EUR 3.55  0.17  5.03%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of TSINGTAO BREWERY H YC 1 and determine expected loss or profit from investing in TSINGTAO BREWERY over given investment horizon. Also please take a look at TSINGTAO BREWERY Hype Analysis, TSINGTAO BREWERY Correlation, TSINGTAO BREWERY Valuation, TSINGTAO BREWERY Volatility as well as analyze TSINGTAO BREWERY Alpha and Beta and TSINGTAO BREWERY Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

TSINGTAO BREWERY 'What if' Analysis

October 13, 2018
0.00
No Change 0.00  0.0%
In 2 months and 1 day
December 12, 2018
0.00
If you would invest  0.00  in TSINGTAO BREWERY on October 13, 2018 and sell it all today you would earn a total of 0.00 from holding TSINGTAO BREWERY H YC 1 or generate 0.0% return on investment in TSINGTAO BREWERY over 60 days. TSINGTAO BREWERY is related to or competes with Alibaba Group, Samsung Electronics, Walmart, Walmart, Bank of America, Nestl S, and Nestl S.

TSINGTAO BREWERY Upside/Downside Indicators

Information Ratio(0.023418)
Maximum Drawdown13.88
Value At Risk(3.84)
Potential Upside3.67
  

TSINGTAO BREWERY Market Premium Indicators

Risk Adjusted Performance(0.11)
Jensen Alpha(0.17)
Total Risk Alpha0.0828
Treynor Ratio(0.66)

TSINGTAO BREWERY H Backtested Returns

We consider TSINGTAO BREWERY unusually risky. TSINGTAO BREWERY H owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0159 which indicates TSINGTAO BREWERY H had 0.0159% of return per unit of volatility over the last 2 months. Our way in which we are measuring 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 TSINGTAO BREWERY H YC 1 which you can use to evaluate future volatility of the company. Please validate TSINGTAO BREWERY Risk Adjusted Performance of (0.11) and Coefficient Of Variation of (1,191) to confirm if risk estimate we provide are consistent with the epected return of 0.0432%. TSINGTAO BREWERY has performance score of 1 on a scale of 0 to 100. The entity has beta of 0.3444 which indicates as returns on market increase, TSINGTAO BREWERY returns are expected to increase less than the market. However during bear market, the loss on holding TSINGTAO BREWERY will be expected to be smaller as well.. Although it is extremely important to respect TSINGTAO BREWERY H current price movements, it is better to be realistic regarding the information on equity historical returns. The way in which we are 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 evaluating TSINGTAO BREWERY H technical indicators you can currently evaluate if the expected return of 0.0432% will be sustainable into the future. TSINGTAO BREWERY H presently has a risk of 2.7118%. Please validate TSINGTAO BREWERY Maximum Drawdown, Semi Variance and the relationship between Jensen Alpha and Potential Upside to decide if TSINGTAO BREWERY will be following its existing price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.16 
correlation synergy

Very weak predictability

TSINGTAO BREWERY H YC 1 has very weak predictability. Overlapping area represents the amount of predictability between TSINGTAO BREWERY time series from October 13, 2018 to November 12, 2018 and November 12, 2018 to December 12, 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 TSINGTAO BREWERY H price movement. The serial correlation of 0.16 indicates that over 16.0% of current TSINGTAO BREWERY price fluctuation can be explain by its past prices.
Correlation Coefficient0.16
Spearman Rank Test0.18
Residual Average0.0
Price Variance0.0

TSINGTAO BREWERY H lagged returns against current returns

 Current and Lagged Values 
      Timeline 

TSINGTAO BREWERY regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

TSINGTAO BREWERY Lagged Returns

 Regressed Prices 
      Timeline 

Did you try this?

Run Companies Directory Now

   

Companies Directory

Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
All  Next Launch Companies Directory
Currently Active Assets on Macroaxis
C   
Purchased over 50 shares of
a day ago
Traded for 56.845
FB   
Purchased over 20 shares of
a day ago
Traded for 141.97
C   
Purchased over 50 shares of
a day ago
Traded for 56.845
F   
Purchased over 300 shares of
a day ago
Traded for 8.47
V   
Purchased over 20 shares of
a day ago
Traded for 136.97
Also please take a look at TSINGTAO BREWERY Hype Analysis, TSINGTAO BREWERY Correlation, TSINGTAO BREWERY Valuation, TSINGTAO BREWERY Volatility as well as analyze TSINGTAO BREWERY Alpha and Beta and TSINGTAO BREWERY Performance. Please also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.
Search macroaxis.com