Douyu International Backtesting

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DOYU -- USA Stock  

USD 8.76  0.39  4.66%

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

Douyu International 'What if' Analysis

November 18, 2019
No Change 0.00  0.0 
In 3 months and 1 day
February 16, 2020
If you would invest  0.00  in Douyu International on November 18, 2019 and sell it all today you would earn a total of 0.00 from holding Douyu International Holdings Ltd Ads or generate 0.0% return on investment in Douyu International over 90 days. Douyu International is related to or competes with IQIYI, Jianpu Technology, EverQuote, Phoenix New, IACInterActiveCorp, and Spark Networks. DouYu International Holdings Limited operates a platform on PC and mobile apps that provides interactive games and enter...

Douyu International Upside/Downside Indicators

Downside Deviation7.72
Information Ratio0.0699
Maximum Drawdown27.88
Value At Risk(9.28)
Potential Upside6.07

Douyu International Market Premium Indicators

Risk Adjusted Performance0.0766
Jensen Alpha0.3721
Total Risk Alpha(0.12)
Sortino Ratio0.0479
Treynor Ratio0.4666

Douyu International Backtested Returns

Macroaxis considers Douyu International very risky given 3 months investment horizon. Douyu International secures Sharpe Ratio (or Efficiency) of 0.0614 which denotes the organization had 0.0614% of return per unit of risk over the last 3 months. Our philosophy towards predicting 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 Douyu International Holdings Ltd Ads which you can use to evaluate future volatility of the firm. Please utilize Douyu International Downside Deviation of 7.72, Mean Deviation of 3.4 and Coefficient Of Variation of 1141.3 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Douyu International holds performance score of 4. The firm shows Beta (market volatility) of 0.9716 which denotes to the fact that Douyu International returns are very sensitive to returns on the market. as market goes up or down, Douyu International is expected to follow. Although it is vital to follow to Douyu International historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards predicting 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 reviewing Douyu International technical indicators you can presently evaluate if the expected return of 0.3196% will be sustainable into the future. Please utilizes Douyu International Variance and Potential Upside to make a quick decision on weather Douyu International price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.10 
correlation synergy

Insignificant predictability

Douyu International Holdings Ltd Ads has insignificant predictability. Overlapping area represents the amount of predictability between Douyu International time series from November 18, 2019 to January 2, 2020 and January 2, 2020 to February 16, 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 Douyu International price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Douyu International price fluctuation can be explain by its past prices.
Correlation Coefficient0.1
Spearman Rank Test-0.44
Residual Average0.0
Price Variance0.42

Douyu International lagged returns against current returns

 Current and Lagged Values 

Douyu International regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Douyu International Lagged Returns

 Regressed Prices 

Current Sentiment - DOYU

Douyu International Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Douyu International Holdings Ltd Ads. What is your opinion about investing in Douyu International Holdings Ltd Ads? Are you bullish or bearish?
50% Bullish
50% Bearish

Douyu International Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Douyu International and Facebook. 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 Douyu International Hype Analysis, Douyu International Correlation, Douyu International Valuation, Douyu International Volatility as well as analyze Douyu International Alpha and Beta and Douyu International Performance. Please also try Premium Stories module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.