Fidelity National Backtesting

FIS -- USA Stock  

USD 108.34  0.64  0.59%

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

Fidelity National 'What if' Analysis

June 18, 2018
No Change 0.00  0.0%
In 30 days
July 18, 2018
If you would invest  0.00  in Fidelity National on June 18, 2018 and sell it all today you would earn a total of 0.00 from holding Fidelity National Information Services or generate 0.0% return on investment in Fidelity National over 30 days. Fidelity National is related to or competes with Genpact, Visa, Broadridge Financial, Verisk Analytics, Euronet Worldwide, ExlService Holdings, and EXPONENT INC. Fidelity National Information Services, Inc

Fidelity National Upside/Downside Indicators

Downside Deviation0.6056
Information Ratio0.17
Maximum Drawdown1.53
Value At Risk0.98
Potential Upside0.8106

Fidelity National Market Premium Indicators

Risk Adjusted Performance0.0411
Jensen Alpha0.0424
Total Risk Alpha0.09
Sortino Ratio0.17
Treynor Ratio0.30

Fidelity National In Backtested Returns

We consider Fidelity National not too risky. Fidelity National In secures Sharpe Ratio (or Efficiency) of 0.0816 which denotes Fidelity National In had 0.0816% 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. We have found twenty-one technical indicators for Fidelity National Information Services which you can use to evaluate future volatility of the firm. Please confirm Fidelity National In Coefficient Of Variation of 1453.52, Mean Deviation of 0.4639 and Downside Deviation of 0.6056 to check if risk estimate we provide are consistent with the epected return of 0.0467%. Fidelity National has performance score of 5 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.0992 which denotes to the fact that as returns on market increase, returns on owning Fidelity National are expected to decrease at a much smaller rate. During bear market, Fidelity National is likely to outperform the market.. Although it is extremely important to respect Fidelity National In historical returns, it is better to be realistic regarding the information on 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. By reviewing Fidelity National In technical indicators you can presently evaluate if the expected return of 0.0467% will be sustainable into the future. Fidelity National In right now shows a risk of 0.5725%. Please confirm Fidelity National In Standard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Fidelity National In will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.36) 

Poor reverse predictability

Fidelity National Information Services has poor reverse predictability. Overlapping area represents the amount of predictability between Fidelity National time series from June 18, 2018 to July 3, 2018 and July 3, 2018 to July 18, 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 Fidelity National In price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Fidelity National price fluctuation can be explain by its past prices. Given that Fidelity National Information Services has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Fidelity National for similar time interval.
Correlation Coefficient -0.36
Spearman Rank Test -0.38
Price Variance 0.29
Lagged Price Variance 0.67

Fidelity National In lagged returns against current returns

 Current and Lagged Values 

Fidelity National regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Fidelity National Lagged Returns

 Regressed Prices 

Current Sentiment - FIS

Fidelity National In Investor Sentiment
Greater number of Macroaxis users are currently bullish on Fidelity National Information Services. What is your opinion about investing in Fidelity National Information Services? Are you bullish or bearish?
98% Bullish
2% Bearish

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Additionally see Fidelity National Hype Analysis, Fidelity National Correlation, Fidelity National Valuation, Fidelity National Volatility as well as analyze Fidelity National Alpha and Beta and Fidelity National Performance. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.