Broadridge Financial Backtesting

Broadridge Financial Solutions Inc -- USA Stock  

USD 88.84  1.19  1.32%

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
Investment Horizon     30 Days    Login   to change
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Broadridge Financial 'What if' Analysis

November 17, 2017
0.00
No Change 0.00  0.0%
In 31 days
December 17, 2017
0.00
If you would invest  0.00  in Broadridge Financial on November 17, 2017 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 Incs Investor Communication Solutions segment processes and distributes proxy materials t...

Broadridge Financial Upside/Downside Indicators

  

Broadridge Financial Market Premium Indicators

Broadridge Financial lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Broadridge Financial regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Broadridge Financial Backtested Returns

We consider Broadridge Financial not too risky. Broadridge Financial secures Sharpe Ratio (or Efficiency) of 0.0497 which signifies that Broadridge Financial had 0.0497% 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-one technical indicators for Broadridge Financial Solutions Inc which you can use to evaluate future volatility of the firm. Please confirm Broadridge Financial Downside Deviation of 1.2, Risk Adjusted Performance of 0.0411 and Mean Deviation of 0.6852 to double-check if risk estimate we provide are consistent with the epected return of 0.048%. Broadridge Financial has performance score of 3 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.16 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Broadridge Financial will likely underperform.. Although it is extremely important to respect Broadridge Financial historical returns, it is better to be realistic regarding the information on 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 0.048% will be sustainable into the future. Broadridge Financial right now shows a risk of 0.9664%. Please confirm Broadridge Financial Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Broadridge Financial will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.46) 

Modest reverse predictability

Broadridge Financial Solutions Inc has modest reverse predictability. Overlapping area represents the amount of predictability between Broadridge Financial time series from November 17, 2017 to December 2, 2017 and December 2, 2017 to December 17, 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 Broadridge Financial price movement. The serial correlation of -0.46 indicates that about 46.0% 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 -0.46
Spearman Rank Test 0.43
Price Variance 0.28
Lagged Price Variance 0.38

Broadridge Financial Lagged Returns

 Regressed Prices 
      Timeline 

Broadridge Financial Performance vs DOW

The median price of Broadridge Financial for the period between Fri, Nov 17, 2017 and Sun, Dec 17, 2017 is 89.38 with a coefficient of variation of 0.7. The daily time series for the period is distributed with a sample standard deviation of 0.62, arithmetic mean of 89.44, and mean deviation of 0.52. The Stock received some media coverage during the period.
December 14, 2017Broadridge Financial Dividend Paid
Price Growth (%)  
      Timeline 
1
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