Bharat Immunologicals (India) Backtesting

BIBCL -- India Stock  

INR 19.75  0.70  3.67%

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

May 23, 2018
0.00
No Change 0.00  0.0%
In 30 days
June 22, 2018
0.00
If you would invest  0.00  in Bharat Immunologicals on May 23, 2018 and sell it all today you would earn a total of 0.00 from holding Bharat Immunologicals Biologicals Corp Ltd or generate 0.0% return on investment in Bharat Immunologicals over 30 days. Bharat Immunologicals is related to or competes with Tata Consultancy, Tata Consultancy, Reliance Industries, HDFC Bank, HDFC Bank, Reliance Industries, and N/A. Bharat Immunologicals Biologicals Corporation Limited, a biotechnology company, manufactures and markets a range of phar...

Bharat Immunologicals Upside/Downside Indicators

  

Bharat Immunologicals Market Premium Indicators

Bharat Immunologicals Backtested Returns

Macroaxis considers Bharat Immunologicals moderately volatile given 1 month investment horizon. Bharat Immunologicals secures Sharpe Ratio (or Efficiency) of 0.0813 which signifies that Bharat Immunologicals had 0.0813% of return per unit of standard deviation over the last 1 month. Our philosophy in 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-one technical indicators for Bharat Immunologicals Biologicals Corp Ltd which you can use to evaluate future volatility of the firm. Please makes use of Bharat Immunologicals to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Bharat Immunologicals holds performance score of 5. The firm shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Bharat Immunologicals are completely uncorrelated. Although it is vital to follow to Bharat Immunologicals historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy in 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 Bharat Immunologicals technical indicators you can presently evaluate if the expected return of 0.352% will be sustainable into the future. Please makes use of Bharat Immunologicals Jensen Alpha, Semi Variance and the relationship between Standard Deviation and Value At Risk to make a quick decision on weather Bharat Immunologicals price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.18 

Very weak predictability

Bharat Immunologicals Biologicals Corp Ltd has very weak predictability. Overlapping area represents the amount of predictability between Bharat Immunologicals time series from May 23, 2018 to June 7, 2018 and June 7, 2018 to June 22, 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 Bharat Immunologicals price movement. The serial correlation of 0.18 indicates that over 18.0% of current Bharat Immunologicals price fluctuation can be explain by its past prices.
Correlation Coefficient 0.18
Spearman Rank Test 0.05
Price Variance 2.0
Lagged Price Variance 0.27

Bharat Immunologicals lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Bharat Immunologicals regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Bharat Immunologicals Lagged Returns

 Regressed Prices 
      Timeline 

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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Bharat Immunologicals and Tata Consultancy Ser. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Check also Bharat Immunologicals Hype Analysis, Bharat Immunologicals Correlation, Bharat Immunologicals Valuation, Bharat Immunologicals Volatility as well as analyze Bharat Immunologicals Alpha and Beta and Bharat Immunologicals Performance. Please also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.