Genpact Limited Backtesting

Genpact Limited -- USA Stock  

USD 31.26  0.33  1.04%

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
 Time Horizon     30 Days    Login   to change

Genpact Limited 'What if' Analysis

January 21, 2018
No Change 0.00  0.0%
In 31 days
February 20, 2018
If you would invest  0.00  in Genpact Limited on January 21, 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 Limited over 30 days. Genpact Limited is related to or competes with Visa, Zillow, Air Lease, and BlackLine. Genpact Limited provides business process outsourcing and information technology management services worldwide

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 to be not too volatile. Genpact Limited holds Efficiency (Sharpe) Ratio of -0.2342 which attests that Genpact Limited had -0.2342% 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 Limited Market Risk Adjusted Performance of 0.63 and Risk Adjusted Performance of 0.38 to validate risk estimate we provide. Macroaxis gives Genpact Limited performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.6665 which attests that as returns on market increase, Genpact Limited returns are expected to increase less than the market. However during bear market, the loss on holding Genpact Limited will be expected to be smaller as well.. 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 -0.4492%. Please be advised to check out Genpact Limited 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 0.37 

Below average predictability

Genpact Limited has below average predictability. Overlapping area represents the amount of predictability between Genpact Limited time series from January 21, 2018 to February 5, 2018 and February 5, 2018 to February 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 Genpact Limited price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Genpact Limited price fluctuation can be explain by its past prices.
Correlation Coefficient 0.37
Spearman Rank Test 0.61
Price Variance 0.38
Lagged Price Variance 0.44

Genpact Limited Lagged Returns

 Regressed Prices 

Genpact Limited Performance vs DOW

The median price of Genpact Limited for the period between Sun, Jan 21, 2018 and Tue, Feb 20, 2018 is 33.32 with a coefficient of variation of 4.33. The daily time series for the period is distributed with a sample standard deviation of 1.42, arithmetic mean of 32.92, and mean deviation of 1.3. The Stock received some media coverage during the period.
Price Growth (%)  
Acquisition by Robert Scott of 10575 shares of Genpact Limit...01/30/2018
As Genpact Limited Market Valuation Rose, Shareholder Bloom ...02/20/2018