Cognizant Technology Backtesting

Cognizant Technology Solutions Corporation -- USA Stock  

USD 71.81  0.62  0.87%

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

Cognizant Technology 'What if' Analysis

November 14, 2017
No Change 0.00  0.0%
In 31 days
December 14, 2017
If you would invest  0.00  in Cognizant Technology on November 14, 2017 and sell it all today you would earn a total of 0.00 from holding Cognizant Technology Solutions Corporation or generate 0.0% return on investment in Cognizant Technology over 30 days. Cognizant Technology is related to or competes with Visa, Vantiv, Verisk Analytics, 58 com, Automatic Data, and Alliance Data. Cognizant Technology Solutions Corporation operates through four segments Financial Services, Healthcare, ManufacturingR...

Cognizant Technology Upside/Downside Indicators


Cognizant Technology Market Premium Indicators

Cognizant Technology lagged returns against current returns

 Current and Lagged Values 

Cognizant Technology regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Cognizant Technology Backtested Returns

Macroaxis considers Cognizant Technology to be not too risky. Cognizant Technology secures Sharpe Ratio (or Efficiency) of -0.1713 which signifies that Cognizant Technology had -0.1713% 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. Cognizant Technology Solutions Corporation exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Cognizant Technology Risk Adjusted Performance of (0.080552) and Mean Deviation of 0.8016 to double-check risk estimate we provide. Macroaxis gives Cognizant Technology performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.7016 which signifies that as returns on market increase, Cognizant Technology returns are expected to increase less than the market. However during bear market, the loss on holding Cognizant Technology will be expected to be smaller as well.. Even though it is essential to pay attention to Cognizant Technology 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. Cognizant Technology Solutions Corporation exposes twenty-one different technical indicators which can help you to evaluate its performance. Cognizant Technology has expected return of -0.1897%. Please be advised to confirm Cognizant Technology Variance as well as the relationship between Value At Risk and Skewness to decide if Cognizant Technology past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.36 

Below average predictability

Cognizant Technology Solutions Corporation has below average predictability. Overlapping area represents the amount of predictability between Cognizant Technology time series from November 14, 2017 to November 29, 2017 and November 29, 2017 to December 14, 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 Cognizant Technology price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Cognizant Technology price fluctuation can be explain by its past prices.
Correlation Coefficient 0.36
Spearman Rank Test 0.23
Price Variance 0.34
Lagged Price Variance 1.53

Cognizant Technology Lagged Returns

 Regressed Prices 

Cognizant Technology Performance vs DOW

The median price of Cognizant Technology for the period between Tue, Nov 14, 2017 and Thu, Dec 14, 2017 is 71.82 with a coefficient of variation of 1.75. The daily time series for the period is distributed with a sample standard deviation of 1.26, arithmetic mean of 72.17, and mean deviation of 0.89. The Stock received some media coverage during the period.
Price Growth (%)  
Exercise or conversion by Karen McLoughlin of 5000 shares of...12/13/2017