Twitter Backtesting

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TWTR -- USA Stock  

Report: 23rd of July 2020  

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

Twitter 'What if' Analysis

No Change 0.00  0.0 
In 3 months and 1 day
If you would invest  0.00  in Twitter on April 16, 2020 and sell it all today you would earn a total of 0.00 from holding Twitter or generate 0.0% return on investment in Twitter over 90 days. Twitter is related to or competes with Sohu, Sirius XM, Tesla, Weibo, Quad Graphics, and SP Global. Twitter, Inc. operates as a platform for public self-expression and conversation in real time United States and internat...

Twitter Upside/Downside Indicators

Downside Deviation3.44
Information Ratio0.0539
Maximum Drawdown18.2
Value At Risk(4.66)
Potential Upside7.86

Twitter Market Premium Indicators

Risk Adjusted Performance0.1976
Jensen Alpha0.1491
Total Risk Alpha0.0103
Sortino Ratio0.0576
Treynor Ratio0.3

Twitter Backtested Returns

Twitter appears to be not too volatile, given 3 months investment horizon. Twitter owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.14, which indicates the firm had 0.14% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By inspecting Twitter technical indicators you can presently evaluate if the expected return of 0.54% is justified by implied risk. Please operate Twitter risk adjusted performance of 0.1976, coefficient of variation of 940.48, and semi deviation of 3.16 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Twitter holds a performance score of 10. The entity has a beta of 1.2692, which indicates a somewhat significant risk relative to the market. Let's try to break down what Twitter's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Twitter will likely underperform. Although it is vital to follow Twitter current price movements, it is good to be conservative about what you can do with the information regarding 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. We have found twenty-eight technical indicators for Twitter, which you can use to evaluate the performance of the company. Please operates Twitter maximum drawdown, as well as the relationship between the skewness and day typical price to make a quick decision on whether Twitter existing price patterns will revert.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.23 
correlation synergy

Weak predictability

Twitter has weak predictability. Overlapping area represents the amount of predictability between Twitter time series from 16th of April 2020 to 31st of May 2020 and 31st of May 2020 to 15th of July 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 Twitter price movement. The serial correlation of 0.23 indicates that over 23.0% of current Twitter price fluctuation can be explain by its past prices.
Correlation Coefficient0.23
Spearman Rank Test-0.05
Residual Average0.0
Price Variance3.74

Twitter lagged returns against current returns

 Current and Lagged Values 

Twitter regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Twitter Lagged Returns

 Regressed Prices 

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Additionally, take a look at Twitter Hype Analysis, Twitter Correlation, Twitter Valuation, Twitter Volatility as well as analyze Twitter Alpha and Beta and Twitter Performance. Please also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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