CA Backtesting

CA Inc -- USA Stock  

USD 33.93  0.17  0.5%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of CA Inc and determine expected loss or profit from investing in CA over given investment horizon. Check also CA Hype Analysis, CA Correlation, CA Valuation, CA Volatility as well as analyze CA Alpha and Beta and CA Performance
Investment Horizon     30 Days    Login   to change
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Backtest

CA 'What if' Analysis

September 22, 2017
 0.00 
No Change 0.00  0.0%
In 31 days
October 22, 2017
 0.00 
If you would invest  0.00  in CA on September 22, 2017 and sell it all today you would earn a total of 0.00 from holding CA Inc or generate 0.0% return on investment in CA over 30 days. CA is related to or competes with Broadridge Financial, Gartner, Workday, F5 Networks, and CDK Global. CA Inc operates through three segments Mainframe Solutions, Enterprise Solutions, and Services

CA Upside/Downside Indicators

  

CA Market Premium Indicators

CA Inc lagged returns against current returns

 Current and Lagged Values 
      Timeline 

CA regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

CA Inc Backtested Returns

Macroaxis considers CA not too risky given 1 month investment horizon. CA Inc retains Efficiency (Sharpe Ratio) of 0.3569 which signifies that CA Inc had 0.3569% of return per unit of price deviation over the last 1 month. Our way in which we are 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 CA which you can use to evaluate future volatility of the entity. Please makes use of CA Inc Variance of 0.34, Market Risk Adjusted Performance of 10.56 and Standard Deviation of 0.5831 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 CA holds performance score of 24. The corporation owns Beta (Systematic Risk) of 0.0218 which signifies that as returns on market increase, CA returns are expected to increase less than the market. However during bear market, the loss on holding CA will be expected to be smaller as well.. Although it is extremely important to respect CA Inc existing price patterns, it is better to be realistic regarding the information on equity price patterns. The way in which we are 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 evaluating CA Inc technical indicators you can at this moment evaluate if the expected return of 0.2043% will be sustainable into the future. Please makes use of CA Inc Variance, Maximum Drawdown and the relationship between Coefficient Of Variation and Jensen Alpha to make a quick decision on weather CA Inc current price history will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.54 

Modest predictability

CA Inc has modest predictability. Overlapping area represents the amount of predictability between CA time series from September 22, 2017 to October 7, 2017 and October 7, 2017 to October 22, 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 CA Inc price movement. The serial correlation of 0.54 indicates that about 54.0% of current CA price fluctuation can be explain by its past prices.
Correlation Coefficient 0.54
Spearman Rank Test 0.54
Price Variance 0.03
Lagged Price Variance 0.13

CA Lagged Returns

 Regressed Prices 
      Timeline 

CA Performance vs DOW

The median price of CA for the period between Fri, Sep 22, 2017 and Sun, Oct 22, 2017 is 33.64 with a coefficient of variation of 1.31. The daily time series for the period is distributed with a sample standard deviation of 0.44, arithmetic mean of 33.51, and mean deviation of 0.34. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
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