Broadridge Financial Backtesting

Broadridge Financial Solutions -- USA Stock  

USD 109.81  0.04  0.0364%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Broadridge Financial Solutions 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 22, 2018
No Change 0.00  0.0%
In 2 months and 2 days
April 23, 2018
If you would invest  0.00  in Broadridge Financial on February 22, 2018 and sell it all today you would earn a total of 0.00 from holding Broadridge Financial Solutions or generate 0.0% return on investment in Broadridge Financial over 60 days. Broadridge Financial is related to or competes with , Gartner, Workday, F5 Networks, CDK Global, and . Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial ...

Broadridge Financial Upside/Downside Indicators

Downside Deviation1.0
Information Ratio0.2349
Maximum Drawdown5.42
Value At Risk1.99
Potential Upside2.5

Broadridge Financial Market Premium Indicators

Risk Adjusted Performance0.325
Jensen Alpha0.2497
Total Risk Alpha0.2875
Sortino Ratio0.3004
Treynor Ratio2.17

Broadridge Financial Backtested Returns

Macroaxis considers Broadridge Financial not too risky given 2 months investment horizon. Broadridge Financial secures Sharpe Ratio (or Efficiency) of 0.1797 which signifies that Broadridge Financial had 0.1797% of return per unit of risk over the last 2 months. 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 which you can use to evaluate future volatility of the firm. Please makes use of Broadridge Financial Downside Deviation of 1.0, Risk Adjusted Performance of 0.325 and Mean Deviation of 0.9813 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 11. The firm shows Beta (market volatility) of 0.1123 which signifies that as returns on market increase, Broadridge Financial returns are expected to increase less than the market. However during bear market, the loss on holding Broadridge Financial will be expected to be smaller as well.. 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 0.2349% will be sustainable into the future. Please makes use of Broadridge Financial Jensen Alpha as well as the relationship between Potential Upside and Skewness to make a quick decision on weather Broadridge Financial price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.27 

Poor predictability

Broadridge Financial Solutions has poor predictability. Overlapping area represents the amount of predictability between Broadridge Financial time series from February 22, 2018 to March 24, 2018 and March 24, 2018 to April 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 0.27 indicates that nearly 27.0% of current Broadridge Financial price fluctuation can be explain by its past prices.
Correlation Coefficient 0.27
Spearman Rank Test 0.26
Price Variance 2.62
Lagged Price Variance 11.27

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 Lagged Returns

 Regressed Prices 

Current Sentiment - BR

Broadridge Financial Investor Sentiment
Larger part of Macroaxis users are currently bullish on Broadridge Financial Solutions. What is your opinion about investing in Broadridge Financial Solutions? Are you bullish or bearish?
98% Bullish
2% Bearish

BATS Exchange Efficient Frontier

Diversify in USA Market
The main assumption in equity investing is that a higher degree of volatility (or risk) means a higher potential (or expected) return on investment. Conversely, investors who take on a low degree of risk have a low expection for return.
Diversify Portfolios
You can create optimal portfolios in USA market or optimize your existing portfolio in one of two ways: 1) For any level of risk, select the one which has the highest expected return. 2) For any expected return, select the one which has the lowest volatility.
Diversify Portfolios
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. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.