KYOCERA Backtesting

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KYOCY -- USA Stock  

USD 52.60  1.00  1.87%

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.

KYOCERA CORP 'What if' Analysis

No Change 0.00  0.0 
In 3 months and 1 day
If you would invest  0.00  in KYOCERA CORP on April 10, 2020 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

Downside Deviation3.05
Information Ratio(0.05)
Maximum Drawdown16.07
Value At Risk(5.39)
Potential Upside4.01

KYOCERA CORP Market Premium Indicators

Risk Adjusted Performance0.0185
Jensen Alpha0.0291
Total Risk Alpha(0.23)
Sortino Ratio(0.047833)
Treynor Ratio(0.13)

KYOCERA CORP Backtested Returns

KYOCERA CORP has Sharpe Ratio of -0.033, which conveys that the firm had -0.033% of return per unit of volatility over the last 3 months. Macroaxis outlook to estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. KYOCERA CORP exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify KYOCERA CORP risk adjusted performance of 0.0185, and mean deviation of 2.05 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0998, which conveys not very significant fluctuations relative to the market. Let's try to break down what KYOCERA's beta means in this case. As returns on the market increase, returns on owning KYOCERA CORP are expected to decrease at a much lower rate. During the bear market, KYOCERA CORP is likely to outperform the market. 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. Our way in which we are estimating any stock's future performance 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-eight different technical indicators, which can help you to evaluate its performance. KYOCERA CORP has an expected return of -0.0827%. Please be advised to verify KYOCERA CORP value at risk, as well as the relationship between the kurtosis and market facilitation index to decide if KYOCERA CORP stock performance from the past will be repeated at some future point.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation(0.11) 
correlation synergy

Insignificant reverse predictability

KYOCERA CORP has insignificant reverse predictability. Overlapping area represents the amount of predictability between KYOCERA CORP time series from 10th of April 2020 to 25th of May 2020 and 25th of May 2020 to 9th of July 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 -0.11 indicates that less than 11.0% of current KYOCERA CORP price fluctuation can be explain by its past prices. Given that KYOCERA CORP has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of KYOCERA CORP for similar time interval.
Correlation Coefficient-0.11
Spearman Rank Test-0.01
Residual Average0.0
Price Variance2.01

KYOCERA CORP lagged returns against current returns

 Current and Lagged Values 

KYOCERA CORP regressed lagged prices vs. current prices

 Current vs Lagged Prices 

KYOCERA CORP Lagged Returns

 Regressed Prices 

Current Sentiment - KYOCY

KYOCERA CORP Investor Sentiment

Macroaxis portfolio users are evenly split in their trading attitude regarding investing in KYOCERA CORP. What is your trading attitude regarding investing in KYOCERA CORP? Are you bullish or bearish?
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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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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