Broadridge Financial Backtesting

BR -- USA Stock  

USD 118.69  0.19  0.16%

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
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Broadridge Financial 'What if' Analysis

June 22, 2018
0.00
No Change 0.00  0.0%
In 31 days
July 22, 2018
0.00
If you would invest  0.00  in Broadridge Financial on June 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, Verisk Analytics, Euronet Worldwide, ExlService Holdings, and EXPONENT INC. Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial ...

Broadridge Financial Upside/Downside Indicators

Downside Deviation0.8829
Information Ratio0.05
Maximum Drawdown2.81
Value At Risk1.53
Potential Upside1.17
  

Broadridge Financial Market Premium Indicators

Risk Adjusted Performance0.043
Jensen Alpha0.0592
Total Risk Alpha0.10
Sortino Ratio0.04706
Treynor Ratio1.08

Broadridge Financial Backtested Returns

We consider Broadridge Financial not too risky. Broadridge Financial secures Sharpe Ratio (or Efficiency) of 0.1056 which signifies that Broadridge Financial had 0.1056% 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 which you can use to evaluate future volatility of the firm. Please confirm Broadridge Financial Downside Deviation of 0.8829, Risk Adjusted Performance of 0.043 and Mean Deviation of 0.5717 to double-check if risk estimate we provide are consistent with the epected return of 0.085%. Broadridge Financial has performance score of 6 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.0504 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 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 0.085% will be sustainable into the future. Broadridge Financial right now shows a risk of 0.8052%. 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(0.10) 

Very weak reverse predictability

Broadridge Financial Solutions has very weak reverse predictability. Overlapping area represents the amount of predictability between Broadridge Financial time series from June 22, 2018 to July 7, 2018 and July 7, 2018 to July 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 -0.1 indicates that less than 10.0% of current Broadridge Financial price fluctuation can be explain by its past prices. Given that Broadridge Financial Solutions 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 -0.1
Spearman Rank Test 0.21
Price Variance 0.37
Lagged Price Variance 1.28

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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Balance Of Power

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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 Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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