Mairs And Backtesting

MAPOX -- USA Fund  

USD 100.22  0.59  0.59%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Mairs And Power Balance Fund and determine expected loss or profit from investing in Mairs And over given investment horizon. Please see also Mairs And Hype Analysis, Mairs And Correlation, Portfolio Optimization, Mairs And Volatility as well as analyze Mairs And Alpha and Beta and Mairs And Performance.
Horizon     30 Days    Login   to change

Mairs And 'What if' Analysis

August 23, 2019
No Change 0.00  0.0 
In 3 months and 1 day
November 21, 2019
If you would invest  0.00  in Mairs And on August 23, 2019 and sell it all today you would earn a total of 0.00 from holding Mairs And Power Balance Fund or generate 0.0% return on investment in Mairs And over 90 days. Mairs And is related to or competes with American Balanced, American Balanced, American Balanced, American Balanced, American Funds, American Balanced, and Vanguard Balanced. The investment seeks to provide capital growth, current income and preservation of capital

Mairs And Upside/Downside Indicators

Downside Deviation0.5885
Information Ratio(0.09)
Maximum Drawdown2.03
Value At Risk(0.84)
Potential Upside0.7386

Mairs And Market Premium Indicators

Risk Adjusted Performance0.0917
Jensen Alpha0.0635
Total Risk Alpha(0.010159)
Sortino Ratio(0.07)
Treynor Ratio(0.51)

Mairs And Power Backtested Returns

We consider Mairs And very steady. Mairs And Power has Sharpe Ratio of 0.1969 which conveys that the entity had 0.1969% of return per unit of risk over the last 3 months. Our philosophy towards estimating volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Mairs And which you can use to evaluate future volatility of the organization. Please verify Mairs And Power Balance Fund Risk Adjusted Performance of 0.0917, Mean Deviation of 0.3413 and Downside Deviation of 0.5885 to check out if risk estimate we provide are consistent with the epected return of 0.0833%. The fund secures Beta (Market Risk) of -0.1051 which conveys that as returns on market increase, returns on owning Mairs And are expected to decrease at a much smaller rate. During bear market, Mairs And is likely to outperform the market. Although it is extremely important to respect Mairs And Power price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Mairs And Power technical indicators you can presently evaluate if the expected return of 0.0833% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.31 
correlation synergy

Below average predictability

Mairs And Power Balance Fund has below average predictability. Overlapping area represents the amount of predictability between Mairs And time series from August 23, 2019 to October 7, 2019 and October 7, 2019 to November 21, 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 Mairs And Power price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Mairs And price fluctuation can be explain by its past prices.
Correlation Coefficient0.31
Spearman Rank Test0.22
Residual Average0.0
Price Variance1.55

Mairs And Power lagged returns against current returns

 Current and Lagged Values 

Mairs And regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Mairs And Lagged Returns

 Regressed Prices 

Current Sentiment - MAPOX

Mairs And Power Investor Sentiment

Most of Macroaxis users are now bullish on Mairs And Power Balance Fund. What is your trading attitude regarding investing in Mairs And Power Balance Fund? Are you bullish or bearish?
98% Bullish
2% Bearish

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Please see also Mairs And Hype Analysis, Mairs And Correlation, Portfolio Optimization, Mairs And Volatility as well as analyze Mairs And Alpha and Beta and Mairs And Performance. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.