Eros International Backtesting

Eros International Plc -- USA Stock  

USD 11.05  0.45  4.25%

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

Eros International 'What if' Analysis

November 11, 2017
No Change 0.00  0.0%
In 30 days
December 11, 2017
If you would invest  0.00  in Eros International on November 11, 2017 and sell it all today you would earn a total of 0.00 from holding Eros International Plc or generate 0.0% return on investment in Eros International over 30 days. Eros International is related to or competes with DHX Media, 500 com, AMC Entertainment, Cinemark Holdings, and Dover Downs. Eros International Plc distributes its film content across various distribution channels such as theatrical which includ...

Eros International Upside/Downside Indicators


Eros International Market Premium Indicators

Eros International Plc lagged returns against current returns

 Current and Lagged Values 

Eros International regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Eros International Plc Backtested Returns

Macroaxis considers Eros International to be relatively volatile. Eros International Plc secures Sharpe Ratio (or Efficiency) of -0.1667 which denotes Eros International Plc had -0.1667% of return per unit of risk over the last 1 month. Macroaxis philosophy towards predicting 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. Eros International Plc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Eros International Plc Coefficient Of Variation of (716.76) and Mean Deviation of 2.74 to check risk estimate we provide. Macroaxis gives Eros International performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.7803 which denotes to the fact that as returns on market increase, Eros International returns are expected to increase less than the market. However during bear market, the loss on holding Eros International will be expected to be smaller as well.. Even though it is essential to pay attention to Eros International Plc historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting 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. Eros International Plc exposes twenty-one different technical indicators which can help you to evaluate its performance. Eros International Plc has expected return of -0.719%. Please be advised to confirm Eros International Plc Coefficient Of Variation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Skewness to decide if Eros International Plc past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.74) 

Almost perfect reverse predictability

Eros International Plc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Eros International time series from November 11, 2017 to November 26, 2017 and November 26, 2017 to December 11, 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 Eros International Plc price movement. The serial correlation of -0.74 indicates that around 74.0% of current Eros International price fluctuation can be explain by its past prices. Given that Eros International Plc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Eros International for similar time interval.
Correlation Coefficient -0.74
Spearman Rank Test -0.25
Price Variance 0.93
Lagged Price Variance 0.12

Eros International Lagged Returns

 Regressed Prices 

Eros International Performance vs DOW

The median price of Eros International for the period between Sat, Nov 11, 2017 and Mon, Dec 11, 2017 is 12.9 with a coefficient of variation of 7.22. The daily time series for the period is distributed with a sample standard deviation of 0.9, arithmetic mean of 12.5, and mean deviation of 0.72. The Stock received some media coverage during the period.
Price Growth (%)  
Eros and Metrological Partner to Bring Bollywood Films to In...12/08/2017