Fiserv Backtesting

Fiserv Inc -- USA Stock  

USD 147.24  1.20  0.81%

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
 Time Horizon     30 Days    Login   to change

Fiserv 'What if' Analysis

February 18, 2018
No Change 0.00  0.0%
In 30 days
March 20, 2018
If you would invest  0.00  in Fiserv on February 18, 2018 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, Inc., together with its subsidiaries, provides financial services technology worldwide

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 0.1811 which denotes Fiserv Inc had 0.1811% 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 Fiserv Inc which you can use to evaluate future volatility of the firm. Please confirm Fiserv Inc Coefficient Of Variation of 487.67, Mean Deviation of 0.8718 and Downside Deviation of 0.8023 to check if risk estimate we provide are consistent with the epected return of 0.1875%. Fiserv has performance score of 11 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.4667 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 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 Inc technical indicators you can presently evaluate if the expected return of 0.1875% will be sustainable into the future. Fiserv Inc right now shows a risk of 1.0357%. Please confirm Fiserv Inc Variance and Potential Upside to decide if Fiserv Inc will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.67 

Good predictability

Fiserv Inc has good predictability. Overlapping area represents the amount of predictability between Fiserv time series from February 18, 2018 to March 5, 2018 and March 5, 2018 to March 20, 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 Inc price movement. The serial correlation of 0.67 indicates that around 67.0% of current Fiserv price fluctuation can be explain by its past prices.
Correlation Coefficient 0.67
Spearman Rank Test 0.61
Price Variance 2.09
Lagged Price Variance 3.48

Fiserv Lagged Returns

 Regressed Prices 

Fiserv Performance vs DOW

The median price of Fiserv for the period between Sun, Feb 18, 2018 and Tue, Mar 20, 2018 is 145.06 with a coefficient of variation of 1.8. The daily time series for the period is distributed with a sample standard deviation of 2.61, arithmetic mean of 144.84, and mean deviation of 2.17. The Stock received some media coverage during the period.
 Price Growth (%)  
Acquisition by Byron Vielehr of 33483 shares of Fiserv subje...03/19/2018