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KYOCERA Backtesting

<div class='circular--portrait' style='background:#754DEB;color: white;font-size:3em;padding-top: 40px;;'>KYO</div>
KYOCY -- USA Stock  

USD 58.13  0.90  1.52%

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

0.00
12/30/2019
No Change 0.00  0.0 
In 3 months and 1 day
03/29/2020
0.00
If you would invest  0.00  in KYOCERA CORP on December 30, 2019 and sell it all today you would earn a total of 0.00 from holding KYOCERA CORP or generate 0.0% return on investment in KYOCERA CORP over 90 days. KYOCERA CORP is related to or competes with Hamilton Beach, LG Display, Emerson Radio, Mohawk Group, GoPro, Turtle Beach, and IRobot. Kyocera Corporation develops, produces, and distributes ceramic and electronic components, and telecommunications and in...

KYOCERA CORP Upside/Downside Indicators

Information Ratio0.043
Maximum Drawdown15.68
Value At Risk(6.65)
Potential Upside3.63

KYOCERA CORP Market Premium Indicators

Risk Adjusted Performance(0.26)
Jensen Alpha(0.021498)
Total Risk Alpha0.0695
Treynor Ratio(0.40)

KYOCERA CORP Backtested Returns

Macroaxis considers KYOCERA CORP to be not too volatile. KYOCERA CORP has Sharpe Ratio of -0.0615, which conveys that the firm had -0.0615% of return per unit of volatility over the last 3 months. Macroaxis way in which we are estimating 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. KYOCERA CORP exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify KYOCERA CORP Mean Deviation of 2.05 and Risk Adjusted Performance of (0.26) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.5708, which conveys that as returns on market increase, KYOCERA CORP returns are expected to increase less than the market. However, during bear market, the loss on holding KYOCERA CORP will be expected to be smaller as well. Even though it is essential to pay attention to KYOCERA CORP price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis way in which we are estimating 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. KYOCERA CORP exposes twenty-one different technical indicators, which can help you to evaluate its performance. KYOCERA CORP has an expected return of -0.19%. Please be advised to verify KYOCERA CORP Standard Deviation, Value At Risk as well as the relationship between Value At Risk and Kurtosis to decide if KYOCERA CORP stock performance from the past will be repeated at some future point.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.58 
correlation synergy

Modest predictability

KYOCERA CORP has modest predictability. Overlapping area represents the amount of predictability between KYOCERA CORP time series from December 30, 2019 to February 13, 2020 and February 13, 2020 to March 29, 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 KYOCERA CORP price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current KYOCERA CORP price fluctuation can be explain by its past prices.
Correlation Coefficient0.58
Spearman Rank Test0.39
Residual Average0.0
Price Variance27.55

KYOCERA CORP lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

KYOCERA CORP regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
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KYOCERA CORP Lagged Returns

 Regressed Prices 
    
  Timeline 

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Please see KYOCERA CORP Hype Analysis, KYOCERA CORP Correlation, KYOCERA CORP Valuation, KYOCERA CORP Volatility as well as analyze KYOCERA CORP Alpha and Beta and KYOCERA CORP Performance. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page