Infosys Limited Backtesting

Infosys Limited -- USA Stock  

USD 14.62  0.09  0.61%

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

Infosys Limited 'What if' Analysis

September 16, 2017
No Change 0.00  0.0%
In 31 days
October 16, 2017
If you would invest  0.00  in Infosys Limited on September 16, 2017 and sell it all today you would earn a total of 0.00 from holding Infosys Limited or generate 0.0% return on investment in Infosys Limited over 30 days. Infosys Limited is related to or competes with Genpact Limited, Quintiles IMS, Visa, Zillow, and Air Lease. Infosys Limited offers business information technology services including application development and maintenance indepe...

Infosys Limited Upside/Downside Indicators


Infosys Limited Market Premium Indicators

Infosys Limited lagged returns against current returns

 Current and Lagged Values 

Infosys Limited regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Infosys Limited Backtested Returns

Macroaxis considers Infosys Limited to be not too volatile. Infosys Limited holds Efficiency (Sharpe) Ratio of -0.0692 which attests that Infosys Limited had -0.0692% 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. Infosys 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 Infosys Limited Market Risk Adjusted Performance of (0.005828) and Risk Adjusted Performance of 0.006 to validate risk estimate we provide. Macroaxis gives Infosys Limited performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.9827 which attests that Infosys Limited returns are very sensitive to returns on the market. as market goes up or down, Infosys Limited is expected to follow.. Even though it is essential to pay attention to Infosys 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. Infosys Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Infosys Limited has expected return of -0.0611%. Please be advised to check out Infosys Limited Mean Deviation, Information Ratio as well as the relationship between Information Ratio and Downside Variance to decide if Infosys Limited past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.42) 

Modest reverse predictability

Infosys Limited has modest reverse predictability. Overlapping area represents the amount of predictability between Infosys Limited time series from September 16, 2017 to October 1, 2017 and October 1, 2017 to October 16, 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 Infosys Limited price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Infosys Limited price fluctuation can be explain by its past prices. Given that Infosys Limited has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Infosys Limited for similar time interval.
Correlation Coefficient -0.42
Spearman Rank Test -0.33
Price Variance 0.01
Lagged Price Variance 0.04

Infosys Limited Lagged Returns

 Regressed Prices 

Infosys Limited Performance vs DOW

The median price of Infosys Limited for the period between Sat, Sep 16, 2017 and Mon, Oct 16, 2017 is 14.62 with a coefficient of variation of 1.12. The daily time series for the period is distributed with a sample standard deviation of 0.16, arithmetic mean of 14.59, and mean deviation of 0.12. The Stock received some media coverage during the period.
Price Growth (%)  
Infosys Ltd ADR Analysts See 0.24 EPS Hartford Investment Ma...10/16/2017