Babcock Wilcox Backtesting

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BW -- USA Stock  

USD 4.57  0.03  0.66%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Babcock Wilcox Enterprises I and determine expected loss or profit from investing in Babcock Wilcox over given investment horizon. Continue to Babcock Wilcox Hype Analysis, Babcock Wilcox Correlation, Babcock Wilcox Valuation, Babcock Wilcox Volatility as well as analyze Babcock Wilcox Alpha and Beta and Babcock Wilcox Performance.

Babcock Wilcox 'What if' Analysis

November 21, 2019
No Change 0.00  0.0 
In 3 months and 1 day
February 19, 2020
If you would invest  0.00  in Babcock Wilcox on November 21, 2019 and sell it all today you would earn a total of 0.00 from holding Babcock Wilcox Enterprises I or generate 0.0% return on investment in Babcock Wilcox over 90 days. Babcock Wilcox is related to or competes with Barnes, Ampco Pittsburgh, Crane, Curtiss Wright, General Electric, and Ingersoll Rand. Babcock Wilcox Enterprises, Inc. provides fossil and renewable power generation and environmental equipment for the powe...

Babcock Wilcox Upside/Downside Indicators

Downside Deviation3.6
Information Ratio0.0332
Maximum Drawdown18.27
Value At Risk(5.29)
Potential Upside5.9

Babcock Wilcox Market Premium Indicators

Risk Adjusted Performance0.0533
Jensen Alpha0.1439
Total Risk Alpha(0.15)
Sortino Ratio0.033
Treynor Ratio0.2907

Babcock Wilcox Enter Backtested Returns

Macroaxis considers Babcock Wilcox unstable given 3 months investment horizon. Babcock Wilcox Enter secures Sharpe Ratio (or Efficiency) of 0.1177 which signifies that the organization had 0.1177% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing 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 Babcock Wilcox Enterprises I which you can use to evaluate future volatility of the firm. Please makes use of Babcock Wilcox Enter Mean Deviation of 2.77 and Risk Adjusted Performance of 0.0533 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Babcock Wilcox holds performance score of 8. The firm shows Beta (market volatility) of 0.6706 which signifies that as returns on market increase, Babcock Wilcox returns are expected to increase less than the market. However during bear market, the loss on holding Babcock Wilcox will be expected to be smaller as well. Although it is vital to follow to Babcock Wilcox Enter historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy in foreseeing 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 analyzing Babcock Wilcox Enter technical indicators you can presently evaluate if the expected return of 0.4084% will be sustainable into the future. Please makes use of Babcock Wilcox Enter Coefficient Of Variation as well as the relationship between Treynor Ratio and Semi Variance to make a quick decision on weather Babcock Wilcox price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.08) 
correlation synergy

Very weak reverse predictability

Babcock Wilcox Enterprises I has very weak reverse predictability. Overlapping area represents the amount of predictability between Babcock Wilcox time series from November 21, 2019 to January 5, 2020 and January 5, 2020 to February 19, 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 Babcock Wilcox Enter price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Babcock Wilcox price fluctuation can be explain by its past prices. Given that Babcock Wilcox Enterprises I has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Babcock Wilcox for similar time interval.
Correlation Coefficient-0.08
Spearman Rank Test0.11
Residual Average0.0
Price Variance0.04

Babcock Wilcox Enter lagged returns against current returns

 Current and Lagged Values 

Babcock Wilcox regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Babcock Wilcox Lagged Returns

 Regressed Prices 

Current Sentiment - BW

Babcock Wilcox Enter Investor Sentiment

Larger part of Macroaxis users are currently bullish on Babcock Wilcox Enterprises I. What is your opinion about investing in Babcock Wilcox Enterprises I? Are you bullish or bearish?
98% Bullish
2% Bearish

Babcock Wilcox Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Babcock Wilcox and Barnes Group. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Babcock Wilcox Hype Analysis, Babcock Wilcox Correlation, Babcock Wilcox Valuation, Babcock Wilcox Volatility as well as analyze Babcock Wilcox Alpha and Beta and Babcock Wilcox 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.