Bharat Immunologicals (India) Backtesting

Bharat Immunologicals Biologicals Corp Ltd -- India Stock  

INR 24.8  0.2  0.81%

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

November 16, 2017
0.00
No Change 0.00  0.0%
In 31 days
December 16, 2017
0.00
If you would invest  0.00  in Bharat Immunologicals on November 16, 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 Reliance Industries, Tata Consultancy, Tata Consultancy, HDFC Bank, ITC Limited, and ITC Limited. 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 
      Timeline 

Bharat Immunologicals regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Bharat Immunologicals Backtested Returns

Macroaxis considers Bharat Immunologicals not very volatile given 1 month investment horizon. Bharat Immunologicals secures Sharpe Ratio (or Efficiency) of 0.1539 which signifies that Bharat Immunologicals had 0.1539% 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. By analyzing Bharat Immunologicals technical indicators you can presently evaluate if the expected return of 0.7346% is justified by implied risk. Please makes use of Bharat Immunologicals Mean Deviation of 2.67 and Risk Adjusted Performance of 0.0821 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 10. The firm shows Beta (market volatility) of 1.1851 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Bharat Immunologicals will likely underperform.. 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. We have found twenty-one technical indicators for Bharat Immunologicals Biologicals Corp Ltd which you can use to evaluate performance of the firm. 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 0.61 

Good predictability

Bharat Immunologicals Biologicals Corp Ltd has good predictability. Overlapping area represents the amount of predictability between Bharat Immunologicals time series from November 16, 2017 to December 1, 2017 and December 1, 2017 to December 16, 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 0.61 indicates that roughly 61.0% of current Bharat Immunologicals price fluctuation can be explain by its past prices.
Correlation Coefficient 0.61
Spearman Rank Test 0.46
Price Variance 3.14
Lagged Price Variance 0.18

Bharat Immunologicals Lagged Returns

 Regressed Prices 
      Timeline 

Bharat Immunologicals Performance vs BSE

The median price of Bharat Immunologicals for the period between Thu, Nov 16, 2017 and Sat, Dec 16, 2017 is 21.85 with a coefficient of variation of 6.87. The daily time series for the period is distributed with a sample standard deviation of 1.55, arithmetic mean of 22.55, and mean deviation of 1.3. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
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