DHI Backtesting

<div class='logoBackup' style='background:#754DEB;color: white;font-size:3em;;'>DHI</div>
DHX -- USA Stock  

Earning Report: February 6, 2020  

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

DHI 'What if' Analysis

October 19, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
January 17, 2020
0.00
If you would invest  0.00  in DHI on October 19, 2019 and sell it all today you would earn a total of 0.00 from holding DHI Group or generate 0.0% return on investment in DHI over 90 days. DHI is related to or competes with DLH Holdings, Automatic Data, Headhunter Group, Hirequest, GEE, and Korn Ferry. DHI Group, Inc. provides data, insights, and employment connections through specialized services for technology professi...

DHI Upside/Downside Indicators

Information Ratio(0.11)
Maximum Drawdown25.48
Value At Risk(4.83)
Potential Upside4.14

DHI Market Premium Indicators

Risk Adjusted Performance(0.02725)
Jensen Alpha(0.44)
Total Risk Alpha(1.11)
Treynor Ratio(0.19)

DHI Group Backtested Returns

Macroaxis considers DHI to be dangerous. DHI Group secures Sharpe Ratio (or Efficiency) of -0.0541 which denotes the organization had -0.0541% of return per unit of return volatility over the last 3 months. Macroaxis approach into predicting 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. DHI Group exposes twenty-seven different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DHI Group Mean Deviation of 2.02 to check risk estimate we provide. The firm shows Beta (market volatility) of 1.4397 which denotes to the fact that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, DHI will likely underperform. Even though it is essential to pay attention to DHI Group historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach into predicting 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. DHI Group exposes twenty-seven different technical indicators which can help you to evaluate its performance. DHI Group has expected return of -0.1917%. Please be advised to confirm DHI Group Potential Upside, and the relationship between Total Risk Alpha and Kurtosis to decide if DHI Group past performance will be repeated in the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.77 
correlation synergy

Good predictability

DHI Group has good predictability. Overlapping area represents the amount of predictability between DHI time series from October 19, 2019 to December 3, 2019 and December 3, 2019 to January 17, 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 DHI Group price movement. The serial correlation of 0.77 indicates that around 77.0% of current DHI price fluctuation can be explain by its past prices.
Correlation Coefficient0.77
Spearman Rank Test0.75
Residual Average0.0
Price Variance0.01

DHI Group lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

DHI regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
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DHI Lagged Returns

 Regressed Prices 
    
  Timeline 

Current Sentiment - DHX

DHI Group Investor Sentiment

Greater number of Macroaxis users are currently bullish on DHI Group. What is your opinion about investing in DHI Group? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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DHI Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for DHI and DLH Holdings Corp. 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 DHI Hype Analysis, DHI Correlation, DHI Valuation, DHI Volatility as well as analyze DHI Alpha and Beta and DHI Performance. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.