Babcock Wilcox Backtesting

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BW -- USA Stock  

USD 4.51  0.01  0.22%

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.
Horizon     30 Days    Login   to change

Babcock Wilcox 'What if' Analysis

October 27, 2019
No Change 0.00  0.0 
In 3 months and 1 day
January 25, 2020
If you would invest  0.00  in Babcock Wilcox on October 27, 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 Ampco Pittsburgh, Hillenbrand, Ingersoll Rand, Crane, Parker Hannifin, Actuant Corp, and Babcock Wilcox. Babcock Wilcox Enterprises, Inc. provides fossil and renewable power generation and environmental equipment for the powe...

Babcock Wilcox Upside/Downside Indicators

Downside Deviation3.53
Information Ratio(0.012237)
Maximum Drawdown15.83
Value At Risk(5.29)
Potential Upside5.9

Babcock Wilcox Market Premium Indicators

Risk Adjusted Performance0.0169
Jensen Alpha(0.07)
Total Risk Alpha(0.71)
Sortino Ratio(0.012855)
Treynor Ratio0.0444

Babcock Wilcox Enter Backtested Returns

We consider Babcock Wilcox risky. Babcock Wilcox Enter secures Sharpe Ratio (or Efficiency) of 0.0101 which signifies that the organization had 0.0101% 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-seven technical indicators for Babcock Wilcox Enterprises I which you can use to evaluate future volatility of the firm. Please confirm Babcock Wilcox Enter Mean Deviation of 2.9 and Risk Adjusted Performance of 0.0169 to double-check if risk estimate we provide are consistent with the epected return of 0.0383%. The firm shows Beta (market volatility) of 1.2021 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Babcock Wilcox will likely underperform. Although it is extremely important to respect Babcock Wilcox Enter historical returns, it is better to be realistic regarding the information on 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 0.0383% will be sustainable into the future. Babcock Wilcox Enter right now shows a risk of 3.79%. Please confirm Babcock Wilcox Enter Treynor Ratio, and the relationship between Coefficient Of Variation and Semi Variance to decide if Babcock Wilcox Enter will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.93) 
correlation synergy

Near perfect reversele predictability

Babcock Wilcox Enterprises I has near perfect reversele predictability. Overlapping area represents the amount of predictability between Babcock Wilcox time series from October 27, 2019 to December 11, 2019 and December 11, 2019 to January 25, 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 -0.93 indicates that approximately 93.0% 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-0.93
Spearman Rank Test-0.89
Residual Average0.0
Price Variance0.5

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 Ampco Pittsburgh. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.