CA Backtesting

CA -- USA Stock  

USD 36.93  0.17  0.46%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of CA 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.
 Time Horizon     30 Days    Login   to change

CA 'What if' Analysis

May 20, 2018
No Change 0.00  0.0%
In 31 days
June 19, 2018
If you would invest  0.00  in CA on May 20, 2018 and sell it all today you would earn a total of 0.00 from holding CA 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, CDK Global, and . CA, Inc., together with its subsidiaries, develops, markets, delivers, and licenses software products and services in th...

CA Upside/Downside Indicators

Downside Deviation0.5114
Information Ratio0.406
Maximum Drawdown1.73
Value At Risk0.62
Potential Upside0.9383

CA Market Premium Indicators

Risk Adjusted Performance0.01
Sortino Ratio0.4374

CA Backtested Returns

We consider CA not too risky. CA secures Sharpe Ratio (or Efficiency) of 0.3612 which signifies that CA had 0.3612% of return per unit of standard deviation over the last 1 month. Our philosophy in 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 firm. Please confirm CA Mean Deviation of 0.4543, Risk Adjusted Performance of 0.01 and Downside Deviation of 0.5114 to double-check if risk estimate we provide are consistent with the epected return of 0.1935%. CA has performance score of 23 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and CA are completely uncorrelated. Although it is extremely important to respect CA historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in 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 CA technical indicators you can presently evaluate if the expected return of 0.1935% will be sustainable into the future. CA right now shows a risk of 0.5356%. Please confirm CA Information Ratio, Value At Risk and the relationship between Standard Deviation and Treynor Ratio to decide if CA will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.84 

Very good predictability

CA has very good predictability. Overlapping area represents the amount of predictability between CA time series from May 20, 2018 to June 4, 2018 and June 4, 2018 to June 19, 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 CA price movement. The serial correlation of 0.84 indicates that around 84.0% of current CA price fluctuation can be explain by its past prices.
Correlation Coefficient 0.84
Spearman Rank Test 0.66
Price Variance 0.16
Lagged Price Variance 0.07

CA lagged returns against current returns

 Current and Lagged Values 

CA regressed lagged prices vs. current prices

 Current vs Lagged Prices 

CA Lagged Returns

 Regressed Prices 

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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for CA and Broadridge Financial. 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 CA Hype Analysis, CA Correlation, CA Valuation, CA Volatility as well as analyze CA Alpha and Beta and CA Performance. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.