Fiserv Backtesting

Fiserv Inc -- USA Stock  

USD 127.31  0.68  0.54%

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

Fiserv 'What if' Analysis

September 18, 2017
No Change 0.00  0.0%
In 31 days
October 18, 2017
If you would invest  0.00  in Fiserv on September 18, 2017 and sell it all today you would earn a total of 0.00 from holding Fiserv Inc or generate 0.0% return on investment in Fiserv over 30 days. Fiserv is related to or competes with Amdocs Limited, Red Hat, Intuit, Kingtone Wirelessinfo, and ManTech International. Fiserv Incs Payments and Industry Products segment offer debit and credit card processing and services electronic bill p...

Fiserv Upside/Downside Indicators


Fiserv Market Premium Indicators

Fiserv Inc lagged returns against current returns

 Current and Lagged Values 

Fiserv regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Fiserv Inc Backtested Returns

We consider Fiserv not too risky. Fiserv Inc secures Sharpe Ratio (or Efficiency) of 0.1229 which denotes Fiserv Inc had 0.1229% 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-eight technical indicators for Fiserv Inc which you can use to evaluate future volatility of the firm. Please confirm Fiserv Inc Coefficient Of Variation of 1245.11, Mean Deviation of 0.3678 and Downside Deviation of 0.4933 to check if risk estimate we provide are consistent with the epected return of 0.0625%. Fiserv has performance score of 8 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.2294 which denotes to the fact that as returns on market increase, returns on owning Fiserv are expected to decrease at a much smaller rate. During bear market, Fiserv is likely to outperform the market.. Although it is extremely important to respect Fiserv Inc historical returns, it is better to be realistic regarding the information on equity current trending patternss. 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 Fiserv Inc technical indicators you can presently evaluate if the expected return of 0.0625% will be sustainable into the future. Fiserv Inc right now shows a risk of 0.5081%. Please confirm Fiserv Inc Potential Upside as well as the relationship between Accumulation Distribution and Price Action Indicator to decide if Fiserv Inc will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.75) 

Almost perfect reverse predictability

Fiserv Inc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Fiserv time series from September 18, 2017 to October 3, 2017 and October 3, 2017 to October 18, 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 Fiserv Inc price movement. The serial correlation of -0.75 indicates that around 75.0% of current Fiserv price fluctuation can be explain by its past prices. Given that Fiserv Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Fiserv for similar time interval.
Correlation Coefficient -0.75
Spearman Rank Test -0.76
Price Variance 0.56
Lagged Price Variance 2.41

Fiserv Lagged Returns

 Regressed Prices 

Fiserv Performance vs DOW

The median price of Fiserv for the period between Mon, Sep 18, 2017 and Wed, Oct 18, 2017 is 127.48 with a coefficient of variation of 1.02. The daily time series for the period is distributed with a sample standard deviation of 1.29, arithmetic mean of 127.26, and mean deviation of 1.02. The Stock received some media coverage during the period.
Price Growth (%)  
Trading Earnings Optimism With Options in Fiserv Inc10/17/2017