Eros International Backtesting

Eros International Plc -- USA Stock  

USD 13.05  0.05  0.38%

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
 Time Horizon     30 Days    Login   to change

Eros International 'What if' Analysis

January 23, 2018
No Change 0.00  0.0%
In 31 days
February 22, 2018
If you would invest  0.00  in Eros International on January 23, 2018 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, together with its subsidiaries, co-produces, acquires, and distributes Indian films in various f...

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 not very risky given 1 month investment horizon. Eros International Plc secures Sharpe Ratio (or Efficiency) of 0.4557 which denotes Eros International Plc had 0.4557% of return per unit of risk over the last 1 month. Our philosophy towards predicting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By reviewing Eros International Plc technical indicators you can presently evaluate if the expected return of 0.874% is justified by implied risk. Please utilize Eros International Plc Coefficient Of Variation of 230.44, Mean Deviation of 1.57 and Downside Deviation of 1.8 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Eros International holds performance score of 29. The firm shows Beta (market volatility) of 0.1962 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.. Although it is vital to follow to Eros International Plc 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 predicting 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. We have found twenty-one technical indicators for Eros International Plc which you can use to evaluate performance of the firm. Please utilizes Eros International Plc Coefficient Of Variation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Skewness to make a quick decision on weather Eros International price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.64 

Good predictability

Eros International Plc has good predictability. Overlapping area represents the amount of predictability between Eros International time series from January 23, 2018 to February 7, 2018 and February 7, 2018 to February 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 Eros International Plc price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Eros International price fluctuation can be explain by its past prices.
Correlation Coefficient 0.64
Spearman Rank Test 0.88
Price Variance 0.26
Lagged Price Variance 0.05

Eros International Lagged Returns

 Regressed Prices 

Eros International Performance vs DOW

The median price of Eros International for the period between Tue, Jan 23, 2018 and Thu, Feb 22, 2018 is 11.7 with a coefficient of variation of 6.56. The daily time series for the period is distributed with a sample standard deviation of 0.78, arithmetic mean of 11.88, and mean deviation of 0.69. The Stock received some media coverage during the period.
Price Growth (%)  
Clue to Identify In Play Stocks Eros International Plc ...02/21/2018