Apple Backtesting

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

Apple 'What if' Analysis

February 21, 2017
No Change 0.00  0.0%
In 30 days
March 23, 2017
If you would invest  0.00  in Apple on February 21, 2017 and sell it all today you would earn a total of 0.00 from holding Apple Inc or generate 0.0% return on investment in Apple over 30 days. Apple is related to or competes with HP, Facebook, Broadridge Financial, and CA. Apple Inc also sells related software, services, accessories, networking solutions, and thirdparty digital content and a...

Apple Upside/Downside Indicators


Apple Market Premium Indicators

Apple Inc lagged returns against current returns

 Current and Lagged Values 
Benchmark  Embed    Timeline 

Apple regressed lagged prices vs. current prices

 Current vs Lagged Prices 
Benchmark  Embed    Timeline 

Apple Inc Backtested Returns

We consider Apple not too risky. Apple Inc secures Sharpe Ratio (or Efficiency) of 0.2242 which signifies that Apple Inc had 0.2242% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Apple Inc which you can use to evaluate future volatility of the firm. Please confirm Apple Inc Downside Deviation of 0.5881, Risk Adjusted Performance of 0.1171 and Mean Deviation of 0.4778 to double-check if risk estimate we provide are consistent with the epected return of 0.1567%. Apple has performance score of 15 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.9607 which signifies that Apple returns are very sensitive to returns on the market. as market goes up or down, Apple is expected to follow.. Although it is extremely important to respect Apple Inc historical returns, it is beter to be realistic about what you can do with the information about equity current trading patterns. The philosophy towards foreseeing 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 analyzing Apple Inc technical indicators you can presently evaluate if the expected return of 0.1567% will be sustainable into the future. Apple Inc right now shows risk of 0.6992%. Please confirm Apple Inc Sortino Ratio, Skewness, Price Action Indicator, as well as the relationship between Potential Upside and Rate Of Daily Change to decide if Apple Inc will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.79 

Good predictability

Apple Inc has good predictability. Overlapping area represents the amount of predictability between Apple time series from February 21, 2017 to March 8, 2017 and March 8, 2017 to March 23, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Apple Inc price movement. The serial correlation of 0.79 indicates that around 79.0% of current Apple price fluctuation can be explain by its past prices.
Correlation Coefficient 0.79
Spearman Rank Test 0.48
Price Variance 0.89
Lagged Price Variance 1.81

Apple Lagged Returns

 Regressed Prices 
Benchmark  Embed    Timeline 

Apple Performance vs NYSE

The median price of Apple for the period between Tue, Feb 21, 2017 and Thu, Mar 23, 2017 is 139.14 with a coefficient of variation of 1.13. The daily time series for the period is distributed with a sample standard deviation of 1.57, arithmetic mean of 138.7, and mean deviation of 1.3. The Stock received some media coverage during the period.
Price Growth (%)  
Benchmark  Embed    Timeline