Broadridge Financial Backtesting

Broadridge Financial Solutions Inc -- USA Stock  

USD 96.61  0.68  0.71%

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
 Time Horizon     30 Days    Login   to change

Broadridge Financial 'What if' Analysis

December 23, 2017
No Change 0.00  0.0%
In 31 days
January 22, 2018
If you would invest  0.00  in Broadridge Financial on December 23, 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 

Broadridge Financial regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Broadridge Financial Backtested Returns

Macroaxis considers Broadridge Financial not too risky given 1 month investment horizon. Broadridge Financial secures Sharpe Ratio (or Efficiency) of 0.6287 which signifies that Broadridge Financial had 0.6287% 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-seven 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 201.47, Risk Adjusted Performance of 0.2206 and Mean Deviation of 0.3947 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 41. The firm shows Beta (market volatility) of 0.8348 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 vital to follow to Broadridge Financial historical returns, it is good to be conservative about what you can actually do with the information regarding 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 0.3032% will be sustainable into the future. Please makes use of Broadridge Financial Downside Variance, and the relationship between Treynor Ratio and Kurtosis to make a quick decision on weather Broadridge Financial price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.86 

Very good predictability

Broadridge Financial Solutions Inc has very good predictability. Overlapping area represents the amount of predictability between Broadridge Financial time series from December 23, 2017 to January 7, 2018 and January 7, 2018 to January 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 0.86 indicates that approximately 86.0% of current Broadridge Financial price fluctuation can be explain by its past prices.
Correlation Coefficient 0.86
Spearman Rank Test 0.45
Price Variance 0.98
Lagged Price Variance 0.74

Broadridge Financial Lagged Returns

 Regressed Prices 

Broadridge Financial Performance vs DOW

The median price of Broadridge Financial for the period between Sat, Dec 23, 2017 and Mon, Jan 22, 2018 is 91.61 with a coefficient of variation of 1.84. The daily time series for the period is distributed with a sample standard deviation of 1.7, arithmetic mean of 92.35, and mean deviation of 1.48. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)