INGEN TECHNOLOGIES Backtesting

IGNT -- USA Stock  

USD 0.0001  0.0001  50.00%

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

INGEN TECHNOLOGIES 'What if' Analysis

September 9, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
December 8, 2019
0.00
If you would invest  0.00  in INGEN TECHNOLOGIES on September 9, 2019 and sell it all today you would earn a total of 0.00 from holding INGEN TECHNOLOGIES INC or generate 0.0% return on investment in INGEN TECHNOLOGIES over 90 days. INGEN TECHNOLOGIES is related to or competes with Abbott Laboratories, Boston Scientific, Zimmer Biomet, Smith Nephew, Stryker, Medtronic Plc, and Bio Rad. Ingen Technologies, Inc., a medical device manufacturing company, manufactures medical products for the respiratory indu...

INGEN TECHNOLOGIES Upside/Downside Indicators

Downside Deviation48.67
Information Ratio0.0445
Maximum Drawdown150.0
Value At Risk(50.00)
Potential Upside50.0

INGEN TECHNOLOGIES Market Premium Indicators

Risk Adjusted Performance0.0382
Jensen Alpha1.45
Total Risk Alpha(1.64)
Sortino Ratio0.026
Treynor Ratio(0.66)

INGEN TECHNOLOGIES INC Backtested Returns

INGEN TECHNOLOGIES is out of control given 3 months investment horizon. INGEN TECHNOLOGIES INC holds Efficiency (Sharpe) Ratio of 0.0478 which attests that the entity had 0.0478% of return per unit of risk over the last 3 months. Our philosophy towards determining risk of a stock is to use both market data as well as company specific technical data. We found twenty-six different technical indicators which can help you to evaluate if expected returns of 1.38% are justified by taking the suggested risk. Use INGEN TECHNOLOGIES INC Market Risk Adjusted Performance of (0.65), Semi Deviation of 16.72 and Risk Adjusted Performance of 0.0382 to evaluate company specific risk that cannot be diversified away. INGEN TECHNOLOGIES holds performance score of 3 on a scale of zero to a hundred. The company retains Market Volatility (i.e. Beta) of -2.0057 which attests that as returns on market increase, returns on owning INGEN TECHNOLOGIES are expected to decrease by larger amounts. On the other hand, during market turmoil, INGEN TECHNOLOGIES is expected to significantly outperform it. Although it is vital to follow to INGEN TECHNOLOGIES INC current price history, it is good to be conservative about what you can actually do with the information regarding equity current price movements. Macroaxis philosophy towards determining future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if INGEN TECHNOLOGIES INC expected return of 1.38 will be sustainable into the future, we have found twenty-six different technical indicators which can help you to check if the expected returns are sustainable. Use INGEN TECHNOLOGIES INC Total Risk Alpha and the relationship between Potential Upside and Price Action Indicator to analyze future returns on INGEN TECHNOLOGIES INC.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.07) 
correlation synergy

Very weak reverse predictability

INGEN TECHNOLOGIES INC has very weak reverse predictability. Overlapping area represents the amount of predictability between INGEN TECHNOLOGIES time series from September 9, 2019 to October 24, 2019 and October 24, 2019 to December 8, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of INGEN TECHNOLOGIES INC price movement. The serial correlation of -0.07 indicates that barely 7.0% of current INGEN TECHNOLOGIES price fluctuation can be explain by its past prices. Given that INGEN TECHNOLOGIES INC has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of INGEN TECHNOLOGIES for similar time interval.
Correlation Coefficient-0.07
Spearman Rank Test-0.66
Residual Average0.0
Price Variance0.0

INGEN TECHNOLOGIES INC lagged returns against current returns

 Current and Lagged Values 
      Timeline 

INGEN TECHNOLOGIES regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

INGEN TECHNOLOGIES Lagged Returns

 Regressed Prices 
      Timeline 

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Please also check INGEN TECHNOLOGIES Hype Analysis, INGEN TECHNOLOGIES Correlation, INGEN TECHNOLOGIES Valuation, INGEN TECHNOLOGIES Volatility as well as analyze INGEN TECHNOLOGIES Alpha and Beta and INGEN TECHNOLOGIES Performance. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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