Mohawk Backtesting

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MWK -- USA Stock  

Report: 6th of August 2020  

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

Mohawk Group 'What if' Analysis

No Change 0.00  0.0 
In 2 months and 31 days
If you would invest  0.00  in Mohawk Group on April 14, 2020 and sell it all today you would earn a total of 0.00 from holding Mohawk Group Holdings or generate 0.0% return on investment in Mohawk Group over 90 days. Mohawk Group is related to or competes with Hamilton Beach, LG Display, Emerson Radio, GoPro, Turtle Beach, and IRobot. Mohawk Group Holdings, Inc., together with its subsidiaries, operates as a technology-enabled consumer products company ...

Mohawk Group Upside/Downside Indicators

Downside Deviation7.93
Information Ratio0.207
Maximum Drawdown76.77
Value At Risk(8.55)
Potential Upside21.28

Mohawk Group Market Premium Indicators

Risk Adjusted Performance0.4153
Jensen Alpha2.53
Total Risk Alpha1.33
Sortino Ratio0.2756
Treynor Ratio(2.45)

Mohawk Group Holdings Backtested Returns

Mohawk Group is very risky given 3 months investment horizon. Mohawk Group Holdings has Sharpe Ratio of 0.18, which conveys that the firm had 0.18% of return per unit of risk over the last 3 months. Our standpoint towards estimating the risk of a stock is to use both market data as well as company specific technical data. We are able to interpolate and break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.77% are justified by taking the suggested risk. Use Mohawk Group Holdings risk adjusted performance of 0.4153, mean deviation of 6.67, and downside deviation of 7.93 to evaluate company specific risk that cannot be diversified away. Mohawk Group holds a performance score of 12 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.9633, which conveys possible diversification benefits within a given portfolio. Let's try to break down what Mohawk's beta means in this case. As the market becomes more bullish, returns on owning Mohawk Group are expected to decrease slowly. On the other hand, during market turmoil, Mohawk Group is expected to outperform it slightly. Although it is essential to pay attention to Mohawk Group Holdings price patterns, it is also good to be reasonable about what you can do with equity historical price patterns. Our philosophy towards estimating 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 Mohawk Group expected return of 1.77 will be sustainable into the future, we have found twenty-eight different technical indicators, which can help you to check if the expected returns are sustainable. Use Mohawk Group Holdings downside variance, and the relationship between the sortino ratio and accumulation distribution to analyze future returns on Mohawk Group Holdings.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.59 
correlation synergy

Modest predictability

Mohawk Group Holdings has modest predictability. Overlapping area represents the amount of predictability between Mohawk Group time series from 14th of April 2020 to 29th of May 2020 and 29th of May 2020 to 13th 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 Mohawk Group Holdings price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Mohawk Group price fluctuation can be explain by its past prices.
Correlation Coefficient0.59
Spearman Rank Test0.49
Residual Average0.0
Price Variance0.07

Mohawk Group Holdings lagged returns against current returns

 Current and Lagged Values 

Mohawk Group regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Mohawk Group Lagged Returns

 Regressed Prices 

Current Sentiment - MWK

Mohawk Group Holdings Investor Sentiment

Macroaxis portfolio users are evenly split in their trading attitude regarding investing in Mohawk Group Holdings. What is your trading attitude regarding investing in Mohawk Group Holdings? Are you bullish or bearish?
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50% Bearish

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Additionally, see Mohawk Group Hype Analysis, Mohawk Group Correlation, Mohawk Group Valuation, Mohawk Group Volatility as well as analyze Mohawk Group Alpha and Beta and Mohawk Group Performance. Please also try CEO Directory module to screen ceos from public companies around the world.
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