Automatic Data Backtesting

Automatic Data Processing Inc -- USA Stock  

USD 115.43  0.67  0.58%

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

Automatic Data 'What if' Analysis

January 24, 2018
No Change 0.00  0.0%
In 31 days
February 23, 2018
If you would invest  0.00  in Automatic Data on January 24, 2018 and sell it all today you would earn a total of 0.00 from holding Automatic Data Processing Inc or generate 0.0% return on investment in Automatic Data over 30 days. Automatic Data is related to or competes with Visa, Verisk Analytics, 58 com, Alliance Data. Automatic Data Processing, Inc. provides business process outsourcing services worldwide

Automatic Data Upside/Downside Indicators


Automatic Data Market Premium Indicators

Automatic Data Proce lagged returns against current returns

 Current and Lagged Values 

Automatic Data regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Automatic Data Proce Backtested Returns

Macroaxis considers Automatic Data to be not too risky. Automatic Data Proce secures Sharpe Ratio (or Efficiency) of -0.1057 which signifies that Automatic Data Proce had -0.1057% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing 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. Automatic Data Processing Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Automatic Data Proce Risk Adjusted Performance of 0.22 and Mean Deviation of 1.37 to double-check risk estimate we provide. Macroaxis gives Automatic Data performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.7089 which signifies that as returns on market increase, Automatic Data returns are expected to increase less than the market. However during bear market, the loss on holding Automatic Data will be expected to be smaller as well.. Even though it is essential to pay attention to Automatic Data Proce historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing 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. Automatic Data Processing Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Automatic Data Proce has expected return of -0.1927%. Please be advised to confirm Automatic Data Proce Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if Automatic Data Proce past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.47) 

Modest reverse predictability

Automatic Data Processing Inc has modest reverse predictability. Overlapping area represents the amount of predictability between Automatic Data time series from January 24, 2018 to February 8, 2018 and February 8, 2018 to February 23, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Automatic Data Proce price movement. The serial correlation of -0.47 indicates that about 47.0% of current Automatic Data price fluctuation can be explain by its past prices. Given that Automatic Data Processing Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Automatic Data for similar time interval.
Correlation Coefficient -0.47
Spearman Rank Test -0.76
Price Variance 6.24
Lagged Price Variance 11.97

Automatic Data Lagged Returns

 Regressed Prices 

Automatic Data Performance vs DOW

The median price of Automatic Data for the period between Wed, Jan 24, 2018 and Fri, Feb 23, 2018 is 116.1 with a coefficient of variation of 3.7. The daily time series for the period is distributed with a sample standard deviation of 4.32, arithmetic mean of 116.62, and mean deviation of 3.68. The Stock received some media coverage during the period.
Price Growth (%)  
Capital Counsel LLC Decreased Its Automatic Data Processing ...02/22/2018