Broadridge Financial Backtesting

Broadridge Financial Solutions Inc -- USA Stock  

USD 106.00  0.33  0.31%

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

Broadridge Financial 'What if' Analysis

February 21, 2018
No Change 0.00  0.0%
In 31 days
March 23, 2018
If you would invest  0.00  in Broadridge Financial on February 21, 2018 and sell it all today you would earn a total of 0.00 from holding Broadridge Financial Solutions Inc or generate 0.0% return on investment in Broadridge Financial over 30 days. Broadridge Financial is related to or competes with CA, Gartner, Workday, F5 Networks, and CDK Global. Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial ...

Broadridge Financial Upside/Downside Indicators


Broadridge Financial Market Premium Indicators

Broadridge Financial lagged returns against current returns

 Current and Lagged Values 

Broadridge Financial regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Broadridge Financial Backtested Returns

Macroaxis considers Broadridge Financial not too risky given 1 month investment horizon. Broadridge Financial secures Sharpe Ratio (or Efficiency) of 0.2773 which signifies that Broadridge Financial had 0.2773% of return per unit of risk over the last 1 month. Our philosophy towards 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-eight technical indicators for Broadridge Financial Solutions Inc which you can use to evaluate future volatility of the firm. Please makes use of Broadridge Financial Downside Deviation of 0.8741, Risk Adjusted Performance of 0.2865 and Mean Deviation of 0.8899 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Broadridge Financial holds performance score of 18. The firm shows Beta (market volatility) of -0.0948 which signifies that as returns on market increase, returns on owning Broadridge Financial are expected to decrease at a much smaller rate. During bear market, Broadridge Financial is likely to outperform the market.. Although it is vital to follow to Broadridge Financial historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards 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 Broadridge Financial technical indicators you can presently evaluate if the expected return of 0.3109% will be sustainable into the future. Please makes use of Broadridge Financial Sortino Ratio, Skewness, Price Action Indicator, as well as the relationship between Potential Upside and Rate Of Daily Change to make a quick decision on weather Broadridge Financial price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.23) 

Weak reverse predictability

Broadridge Financial Solutions Inc has weak reverse predictability. Overlapping area represents the amount of predictability between Broadridge Financial time series from February 21, 2018 to March 8, 2018 and March 8, 2018 to March 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 Broadridge Financial price movement. The serial correlation of -0.23 indicates that over 23.0% of current Broadridge Financial price fluctuation can be explain by its past prices. Given that Broadridge Financial Solutions Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Broadridge Financial for similar time interval.
Correlation Coefficient -0.23
Spearman Rank Test 0.03
Price Variance 0.9
Lagged Price Variance 6.51

Broadridge Financial Lagged Returns

 Regressed Prices 

Broadridge Financial Performance vs DOW

The median price of Broadridge Financial for the period between Wed, Feb 21, 2018 and Fri, Mar 23, 2018 is 106.33 with a coefficient of variation of 3.36. The daily time series for the period is distributed with a sample standard deviation of 3.52, arithmetic mean of 104.75, and mean deviation of 3.19. The Stock received some media coverage during the period.
March 14, 2018Broadridge Financial Dividend Paid
 Price Growth (%)  
Adam D. Amsterdam Sells 19600 Shares of Broadridge Financial...03/02/2018
Sale by Timothy Gokey of 31318 shares of Broadridge Financia...03/22/2018