Genpact Backtesting

G -- USA Stock  

USD 30.29  0.07  0.23%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Genpact Limited and determine expected loss or profit from investing in Genpact over given investment horizon. Please also check Genpact Hype Analysis, Genpact Correlation, Genpact Valuation, Genpact Volatility as well as analyze Genpact Alpha and Beta and Genpact Performance.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

Genpact 'What if' Analysis

May 23, 2018
0.00
No Change 0.00  0.0%
In 31 days
June 22, 2018
0.00
If you would invest  0.00  in Genpact on May 23, 2018 and sell it all today you would earn a total of 0.00 from holding Genpact Limited or generate 0.0% return on investment in Genpact over 30 days. Genpact is related to or competes with Visa, NetSuite, , Air Lease, Broadridge Financial, BlackLine, and GENPACT. Genpact Limited provides business process outsourcing and information technology services North and Latin America, India...

Genpact Upside/Downside Indicators

Maximum Drawdown2.46
Value At Risk1.28
Potential Upside1.1
  

Genpact Market Premium Indicators

Risk Adjusted Performance0.01

Genpact Limited Backtested Returns

Macroaxis considers Genpact to be not too risky. Genpact Limited holds Efficiency (Sharpe) Ratio of -0.0427 which attests that Genpact Limited had -0.0427% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Genpact Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Genpact Risk Adjusted Performance of 0.01 to validate risk estimate we provide. Macroaxis gives Genpact performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.0 which attests that the returns on MARKET and Genpact are completely uncorrelated. Even though it is essential to pay attention to Genpact Limited current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Genpact Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Genpact Limited has expected return of -0.0305%. Please be advised to check out Genpact Maximum Drawdown, and the relationship between Information Ratio and Downside Variance to decide if Genpact Limited past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.61) 

Very good reverse predictability

Genpact Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Genpact time series from May 23, 2018 to June 7, 2018 and June 7, 2018 to June 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 Genpact Limited price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Genpact price fluctuation can be explain by its past prices. Given that Genpact Limited has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Genpact for similar time interval.
Correlation Coefficient -0.61
Spearman Rank Test 0.3
Price Variance 0.04
Lagged Price Variance 0.08

Genpact Limited lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Genpact regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Genpact Lagged Returns

 Regressed Prices 
      Timeline 

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Please also check Genpact Hype Analysis, Genpact Correlation, Genpact Valuation, Genpact Volatility as well as analyze Genpact Alpha and Beta and Genpact Performance. Please also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.