Genpact Limited Backtesting

Genpact Limited -- USA Stock  

USD 29.54  0.08  0.27%

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 Limited over given investment horizon. Please also check Genpact Limited Hype Analysis, Genpact Limited Correlation, Genpact Limited Valuation, Genpact Limited Volatility as well as analyze Genpact Limited Alpha and Beta and Genpact Limited Performance
Investment Horizon     30 Days    Login   to change

Genpact Limited 'What if' Analysis

September 17, 2017
No Change 0.00  0.0%
In 31 days
October 17, 2017
If you would invest  0.00  in Genpact Limited on September 17, 2017 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 Limited over 30 days. Genpact Limited is related to or competes with Quintiles IMS, Visa, Zillow, and Air Lease. Genpact Limited offers finance and accounting services that include accounts payable services comprising document manage...

Genpact Limited Upside/Downside Indicators


Genpact Limited Market Premium Indicators

Genpact Limited lagged returns against current returns

 Current and Lagged Values 

Genpact Limited regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Genpact Limited Backtested Returns

Macroaxis considers Genpact Limited not too risky given 1 month investment horizon. Genpact Limited holds Efficiency (Sharpe) Ratio of 0.5829 which attests that Genpact Limited had 0.5829% of return per unit of risk over the last 1 month. Our philosophy towards determining 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 Genpact Limited which you can use to evaluate future volatility of the corporation. Please utilize Genpact Limited Market Risk Adjusted Performance of (2.57) and Risk Adjusted Performance of 0.1432 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Genpact Limited holds performance score of 39. The company retains Market Volatility (i.e. Beta) of -0.0905 which attests that as returns on market increase, returns on owning Genpact Limited are expected to decrease at a much smaller rate. During bear market, Genpact Limited is likely to outperform the market.. Although it is extremely important to respect Genpact Limited current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining 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 evaluating Genpact Limited technical indicators you can presently evaluate if the expected return of 0.2418% will be sustainable into the future. Please utilizes Genpact Limited Maximum Drawdown, and the relationship between Information Ratio and Downside Variance to make a quick decision on weather Genpact Limited current trending patternss will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.85 

Very good predictability

Genpact Limited has very good predictability. Overlapping area represents the amount of predictability between Genpact Limited time series from September 17, 2017 to October 2, 2017 and October 2, 2017 to October 17, 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 Genpact Limited price movement. The serial correlation of 0.85 indicates that around 85.0% of current Genpact Limited price fluctuation can be explain by its past prices.
Correlation Coefficient 0.85
Spearman Rank Test 0.9
Price Variance 0.04
Lagged Price Variance 0.08

Genpact Limited Lagged Returns

 Regressed Prices 

Genpact Limited Performance vs DOW

The median price of Genpact Limited for the period between Sun, Sep 17, 2017 and Tue, Oct 17, 2017 is 28.92 with a coefficient of variation of 1.76. The daily time series for the period is distributed with a sample standard deviation of 0.51, arithmetic mean of 28.83, and mean deviation of 0.44. The Stock received some media coverage during the period.
Price Growth (%)  
Riverhead Capital Management LLC Acquires New Stake in Genpa...09/25/2017
California Public Employees Retirement System Acquires 12500...10/16/2017