Broadridge Financial Backtesting

Broadridge Financial Solutions Inc -- USA Stock  

USD 83.1  0.51  0.62%

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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Backtest

Broadridge Financial 'What if' Analysis

September 16, 2017
 0.00 
No Change 0.00  0.0%
In 31 days
October 16, 2017
 0.00 
If you would invest  0.00  in Broadridge Financial on September 16, 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 
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Broadridge Financial Backtested Returns

Macroaxis considers Broadridge Financial not too risky given 1 month investment horizon. Broadridge Financial secures Sharpe Ratio (or Efficiency) of 0.535 which signifies that Broadridge Financial had 0.535% 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 technical indicators for Broadridge Financial Solutions Inc which you can use to evaluate future volatility of the firm. Please makes use of Broadridge Financial Coefficient Of Variation of 208.6, Risk Adjusted Performance of 0.1157 and Mean Deviation of 0.3615 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 36. The firm shows Beta (market volatility) of -0.3092 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 extremely important to respect Broadridge Financial historical returns, it is better to be realistic regarding the information on equity current trending patternss. 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 0.2369% will be sustainable into the future. Please makes use of Broadridge Financial Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to make a quick decision on weather Broadridge Financial price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.64 

Good predictability

Broadridge Financial Solutions Inc has good predictability. Overlapping area represents the amount of predictability between Broadridge Financial time series from September 16, 2017 to October 1, 2017 and October 1, 2017 to October 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 Broadridge Financial price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Broadridge Financial price fluctuation can be explain by its past prices.
Correlation Coefficient 0.64
Spearman Rank Test 0.42
Price Variance 0.25
Lagged Price Variance 0.79

Broadridge Financial Lagged Returns

 Regressed Prices 
      Timeline 

Broadridge Financial Performance vs DOW

The median price of Broadridge Financial for the period between Sat, Sep 16, 2017 and Mon, Oct 16, 2017 is 81.56 with a coefficient of variation of 1.43. The daily time series for the period is distributed with a sample standard deviation of 1.16, arithmetic mean of 81.13, and mean deviation of 0.92. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
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