Fiserv Backtesting

FISV -- USA Stock  

USD 77.29  0.42  0.55%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Fiserv 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.
 Time Horizon     30 Days    Login   to change

Fiserv 'What if' Analysis

June 17, 2018
No Change 0.00  0.0%
In 31 days
July 17, 2018
If you would invest  0.00  in Fiserv on June 17, 2018 and sell it all today you would earn a total of 0.00 from holding Fiserv or generate 0.0% return on investment in Fiserv over 30 days. Fiserv is related to or competes with Genpact, Broadridge Financial, Verisk Analytics, Euronet Worldwide, ExlService Holdings, Exponent, and 58 Inc. Fiserv, Inc., together with its subsidiaries, provides financial services technology worldwide

Fiserv Upside/Downside Indicators

Downside Deviation0.7729
Information Ratio0.15
Maximum Drawdown1.65
Value At Risk1.24
Potential Upside0.9146

Fiserv Market Premium Indicators

Risk Adjusted Performance0.0256
Jensen Alpha0.0246
Total Risk Alpha0.13
Sortino Ratio0.14
Treynor Ratio0.38

Fiserv Backtested Returns

We consider Fiserv not too risky. Fiserv secures Sharpe Ratio (or Efficiency) of 0.0889 which denotes Fiserv had 0.0889% 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 which you can use to evaluate future volatility of the firm. Please confirm Fiserv Coefficient Of Variation of 2507.8, Mean Deviation of 0.5433 and Downside Deviation of 0.7729 to check if risk estimate we provide are consistent with the epected return of 0.0653%. Fiserv has performance score of 5 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.0492 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 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 Fiserv technical indicators you can presently evaluate if the expected return of 0.0653% will be sustainable into the future. Fiserv right now shows a risk of 0.7341%. Please confirm Fiserv Potential Upside as well as the relationship between Accumulation Distribution and Price Action Indicator to decide if Fiserv will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.91) 

Near perfect reversele predictability

Fiserv has near perfect reversele predictability. Overlapping area represents the amount of predictability between Fiserv time series from June 17, 2018 to July 2, 2018 and July 2, 2018 to July 17, 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 Fiserv price movement. The serial correlation of -0.91 indicates that approximately 91.0% of current Fiserv price fluctuation can be explain by its past prices. Given that Fiserv 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 -0.91
Spearman Rank Test -0.77
Price Variance 1.12
Lagged Price Variance 1.03

Fiserv lagged returns against current returns

 Current and Lagged Values 

Fiserv regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Fiserv Lagged Returns

 Regressed Prices 

Current Sentiment - FISV

Fiserv Investor Sentiment
Most of Macroaxis users are currently bullish on Fiserv. What is your opinion about investing in Fiserv? Are you bullish or bearish?
98% Bullish
2% Bearish

Build Optimal Portfolios

Align your risk with return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally see Fiserv Hype Analysis, Fiserv Correlation, Fiserv Valuation, Fiserv Volatility as well as analyze Fiserv Alpha and Beta and Fiserv Performance. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.