Campbell Backtesting

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CPB -- USA Stock  

Earning Report: March 4, 2020  

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

Campbell Soup 'What if' Analysis

November 27, 2019
No Change 0.00  0.0 
In 2 months and 31 days
February 25, 2020
If you would invest  0.00  in Campbell Soup on November 27, 2019 and sell it all today you would earn a total of 0.00 from holding Campbell Soup Company or generate 0.0% return on investment in Campbell Soup over 90 days. Campbell Soup is related to or competes with Kellogg, Lamb Weston, DAVIDsTEA, Farmmi Inc, Farmer Brothers, BG Foods, and ConAgra Brands. Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products

Campbell Soup Upside/Downside Indicators

Information Ratio(0.009106)
Maximum Drawdown4.29
Value At Risk(1.74)
Potential Upside1.5

Campbell Soup Market Premium Indicators

Risk Adjusted Performance(0.00236)
Jensen Alpha(0.014287)
Total Risk Alpha(0.008532)
Treynor Ratio0.0714

Campbell Soup Backtested Returns

We consider Campbell Soup very steady. Campbell Soup secures Sharpe Ratio (or Efficiency) of 0.0398 which signifies that the organization had 0.0398% of return per unit of risk over the last 3 months. Our philosophy towards 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 Campbell Soup Company which you can use to evaluate future volatility of the firm. Please confirm Campbell Soup Risk Adjusted Performance of (0.00236) and Mean Deviation of 0.7007 to double-check if risk estimate we provide are consistent with the epected return of 0.0375%. Campbell Soup has performance score of 2 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.1881, which signifies that as returns on market increase, returns on owning Campbell Soup are expected to decrease at a much smaller rate. During bear market, Campbell Soup is likely to outperform the market. Although it is extremely important to respect Campbell Soup historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards 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 Campbell Soup technical indicators you can presently evaluate if the expected return of 0.0375% will be sustainable into the future. Campbell Soup right now shows a risk of 0.9403%. Please confirm Campbell Soup Treynor Ratio, and the relationship between Variance and Potential Upside to decide if Campbell Soup will be following its price patterns.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.55 
correlation synergy

Modest predictability

Campbell Soup Company has modest predictability. Overlapping area represents the amount of predictability between Campbell Soup time series from November 27, 2019 to January 11, 2020 and January 11, 2020 to February 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 Campbell Soup price movement. The serial correlation of 0.55 indicates that about 55.0% of current Campbell Soup price fluctuation can be explain by its past prices.
Correlation Coefficient0.55
Spearman Rank Test-0.11
Residual Average0.0
Price Variance0.2

Campbell Soup lagged returns against current returns

 Current and Lagged Values 

Campbell Soup regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Campbell Soup Lagged Returns

 Regressed Prices 

Current Sentiment - CPB

Campbell Soup Investor Sentiment

Greater number of Macroaxis users are currently bullish on Campbell Soup Company. What is your opinion about investing in Campbell Soup Company? Are you bullish or bearish?
98% Bullish
2% Bearish

Campbell Soup Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Campbell Soup and Kellogg Company. 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 Campbell Soup Hype Analysis, Campbell Soup Correlation, Campbell Soup Valuation, Campbell Soup Volatility as well as analyze Campbell Soup Alpha and Beta and Campbell Soup Performance. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.