EverQuote Backtesting

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EVER -- USA Stock  

Earning Report: February 24, 2020  

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

EverQuote 'What if' Analysis

November 20, 2019
No Change 0.00  0.0 
In 3 months and 1 day
February 18, 2020
If you would invest  0.00  in EverQuote on November 20, 2019 and sell it all today you would earn a total of 0.00 from holding EverQuote or generate 0.0% return on investment in EverQuote over 90 days. EverQuote is related to or competes with Facebook, IQIYI, Jianpu Technology, Douyu International, Phoenix New, and IACInterActiveCorp. EverQuote, Inc. operates an online marketplace for insurance shopping in the United States

EverQuote Upside/Downside Indicators

Downside Deviation7.85
Information Ratio0.0603
Maximum Drawdown31.89
Value At Risk(9.59)
Potential Upside9.3

EverQuote Market Premium Indicators

Risk Adjusted Performance0.0683
Jensen Alpha0.3561
Total Risk Alpha(0.12)
Sortino Ratio0.0441
Treynor Ratio0.4842

EverQuote Backtested Returns

Macroaxis considers EverQuote slightly risky given 3 months investment horizon. EverQuote secures Sharpe Ratio (or Efficiency) of 0.0978 which denotes the organization had 0.0978% 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. By reviewing EverQuote technical indicators you can presently evaluate if the expected return of 0.5456% is justified by implied risk. Please utilize EverQuote Downside Deviation of 7.85, Coefficient Of Variation of 1330.41 and Mean Deviation of 3.71 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 EverQuote holds performance score of 6. The firm shows Beta (market volatility) of 0.8713 which denotes to the fact that EverQuote returns are very sensitive to returns on the market. as market goes up or down, EverQuote is expected to follow. Although it is vital to follow to EverQuote 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. We have found twenty-eight technical indicators for EverQuote which you can use to evaluate performance of the firm. Please utilizes EverQuote Value At Risk, and the relationship between Jensen Alpha and Skewness to make a quick decision on weather EverQuote price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.17 
correlation synergy

Very weak predictability

EverQuote has very weak predictability. Overlapping area represents the amount of predictability between EverQuote time series from November 20, 2019 to January 4, 2020 and January 4, 2020 to February 18, 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 EverQuote price movement. The serial correlation of 0.17 indicates that over 17.0% of current EverQuote price fluctuation can be explain by its past prices.
Correlation Coefficient0.17
Spearman Rank Test0.14
Residual Average0.0
Price Variance21.38

EverQuote lagged returns against current returns

 Current and Lagged Values 

EverQuote regressed lagged prices vs. current prices

 Current vs Lagged Prices 

EverQuote Lagged Returns

 Regressed Prices 

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EverQuote Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for EverQuote 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
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Continue to EverQuote Hype Analysis, EverQuote Correlation, EverQuote Valuation, EverQuote Volatility as well as analyze EverQuote Alpha and Beta and EverQuote Performance. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.