Yirendai Ltd Backtesting

YRD -- USA Stock  

USD 9.40  0.15  1.62%

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

Yirendai Ltd 'What if' Analysis

June 17, 2019
0.00
No Change 0.00  0.0%
In 3 months and 1 day
September 15, 2019
0.00
If you would invest  0.00  in Yirendai Ltd on June 17, 2019 and sell it all today you would earn a total of 0.00 from holding Yirendai Ltd or generate 0.0% return on investment in Yirendai Ltd over 90 days. Yirendai Ltd is related to or competes with Western Union, Wins Finance, PNC Financial, Raymond James, SLM Corp, State Street, and Synchrony Financial. Yirendai Ltd., through its subsidiaries, operates as an online consumer finance marketplace that connects borrowers and ...

Yirendai Ltd Upside/Downside Indicators

Information Ratio(0.20)
Maximum Drawdown14.36
Value At Risk(6.22)
Potential Upside3.68

Yirendai Ltd Market Premium Indicators

Risk Adjusted Performance(0.16)
Jensen Alpha(0.61)
Total Risk Alpha(0.67)
Treynor Ratio(0.38)

Yirendai Ltd Backtested Returns

Macroaxis considers Yirendai Ltd to be somewhat reliable. Yirendai Ltd shows Sharpe Ratio of -0.1759 which attests that the company had -0.1759% of return per unit of risk over the last 3 months. Macroaxis philosophy towards determining risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Yirendai Ltd exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Yirendai Ltd Mean Deviation of 2.27 and Market Risk Adjusted Performance of (0.37) to validate risk estimate we provide. The firm maintains market beta of 1.4996 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Yirendai Ltd will likely underperform. Even though it is essential to pay attention to Yirendai Ltd historical price patterns, it is always good to be careful when utilizing equity current price history. Macroaxis philosophy towards determining future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Yirendai Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. Yirendai Ltd has expected return of -0.5356%. Please be advised to check out Yirendai Ltd Jensen Alpha and Downside Variance to decide if Yirendai Ltd past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.64 
correlation synergy

Good predictability

Yirendai Ltd has good predictability. Overlapping area represents the amount of predictability between Yirendai Ltd time series from June 17, 2019 to August 1, 2019 and August 1, 2019 to September 15, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Yirendai Ltd price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Yirendai Ltd price fluctuation can be explain by its past prices.
Correlation Coefficient0.64
Spearman Rank Test0.66
Residual Average0.0
Price Variance0.21

Yirendai Ltd lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Yirendai Ltd regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Yirendai Ltd Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - YRD

Yirendai Ltd Investor Sentiment

Greater number of Macroaxis users are at this time bullish on Yirendai Ltd. What is your take regarding investing in Yirendai Ltd? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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See also Yirendai Ltd Hype Analysis, Yirendai Ltd Correlation, Yirendai Ltd Valuation, Yirendai Ltd Volatility as well as analyze Yirendai Ltd Alpha and Beta and Yirendai Ltd Performance. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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