Bharat Immunologicals (India) Backtesting

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
Investment Horizon     30 Days    Login   to change
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Bharat Immunologicals 'What if' Analysis

March 26, 2017
 0.00 
No Change 0.00  0.0%
In 31 days
April 25, 2017
 0.00 
If you would invest  0.00  in Bharat Immunologicals on March 26, 2017 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 Godrej Consumer, Grasim Industries, Cadila Healthcare, Punjab National, Bharat Electronics, and LIC Housing. Bharat Immunologicals Biologicals Corp Ltd offers oral polio vaccines diarrhea management kits for the management of dia...

Bharat Immunologicals Upside/Downside Indicators

  

Bharat Immunologicals Market Premium Indicators

Bharat Immunologicals lagged returns against current returns

 Current and Lagged Values 
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Bharat Immunologicals regressed lagged prices vs. current prices

 Current vs Lagged Prices 
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Bharat Immunologicals Backtested Returns

Bharat Immunologicals is not very volatile given 1 month investment horizon. Bharat Immunologicals secures Sharpe Ratio (or Efficiency) of 0.3009 which signifies that Bharat Immunologicals had 0.3009% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing risk of a stock is to use both market data as well as company specific technical data. We found twenty-eight different technical indicators which can help you to evaluate if expected returns of 1.7091% are justified by taking the suggested risk. Use Bharat Immunologicals Mean Deviation of 2.62 and Risk Adjusted Performance of 0.1091 to evaluate company specific risk that cannot be diversified away. Bharat Immunologicals holds performance score of 20 on a scale of zero to a hundred. The firm shows Beta (market volatility) of 1.0812 which signifies that Bharat Immunologicals returns are very sensitive to returns on the market. as market goes up or down, Bharat Immunologicals is expected to follow.. Although it is essential to pay attention to Bharat Immunologicals historical returns, it is also good to be reasonable about what you can actually do with equity current trading patterns. Macroaxis philosophy in foreseeing 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 Bharat Immunologicals Biologicals Corp Ltd expected return of 1.7091 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 Bharat Immunologicals Sortino Ratio, Semi Variance and the relationship between Information Ratio and Value At Risk to analyze future returns on Bharat Immunologicals.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.19 

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 March 26, 2017 to April 10, 2017 and April 10, 2017 to April 25, 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 Bharat Immunologicals price movement. The serial correlation of 0.19 indicates that over 19.0% of current Bharat Immunologicals price fluctuation can be explain by its past prices.
Correlation Coefficient 0.19
Spearman Rank Test 0.01
Price Variance 2.48
Lagged Price Variance 4.21

Bharat Immunologicals Lagged Returns

 Regressed Prices 
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Bharat Immunologicals Performance vs BSE

The median price of Bharat Immunologicals for the period between Sun, Mar 26, 2017 and Tue, Apr 25, 2017 is 26.8 with a coefficient of variation of 7.81. The daily time series for the period is distributed with a sample standard deviation of 2.0, arithmetic mean of 25.66, and mean deviation of 1.82. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)  
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