Broadridge Financial Backtesting

BR -- USA Stock  

USD 118.49  3.16  2.74%

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.
Horizon     30 Days    Login   to change
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Backtest

Broadridge Financial 'What if' Analysis

September 22, 2018
0.00
No Change 0.00  0.0%
In 31 days
October 22, 2018
0.00
If you would invest  0.00  in Broadridge Financial on September 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 30 days. Broadridge Financial is related to or competes with Genpact, Visa, Bazaarvoice, Verisk Analytics, Eco Tek, and Euronet Worldwide. Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial ...

Broadridge Financial Upside/Downside Indicators

Information Ratio0.27
Maximum Drawdown5.98
Value At Risk1.82
Potential Upside0.6106
  

Broadridge Financial Market Premium Indicators

Risk Adjusted Performance0.41
Jensen Alpha0.41
Total Risk Alpha0.34
Treynor Ratio0.58

Broadridge Financial Backtested Returns

Macroaxis considers Broadridge Financial to be not too risky. Broadridge Financial secures Sharpe Ratio (or Efficiency) of -0.3197 which signifies that Broadridge Financial had -0.3197% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Broadridge Financial Solutions exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Broadridge Financial Risk Adjusted Performance of 0.41 and Mean Deviation of 1.07 to double-check risk estimate we provide. Macroaxis gives Broadridge Financial performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.0059 which signifies that Broadridge Financial returns are very sensitive to returns on the market. as market goes up or down, Broadridge Financial is expected to follow.. Even though it is essential to pay attention to Broadridge Financial historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Broadridge Financial Solutions exposes twenty-eight different technical indicators which can help you to evaluate its performance. Broadridge Financial has expected return of -0.5262%. Please be advised to confirm Broadridge Financial Sortino Ratio, Skewness, Price Action Indicator, as well as the relationship between Potential Upside and Rate Of Daily Change to decide if Broadridge Financial past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.68 

Good predictability

Broadridge Financial Solutions has good predictability. Overlapping area represents the amount of predictability between Broadridge Financial time series from September 22, 2018 to October 7, 2018 and October 7, 2018 to October 22, 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 0.68 indicates that around 68.0% of current Broadridge Financial price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.61
Residual Average0.0
Price Variance10.71

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 Lagged Returns

 Regressed Prices 
      Timeline 

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Risk-Return Analysis

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Broadridge Financial Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Broadridge Financial and Genpact Limited. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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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 Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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