Infosys Limited Backtesting

Infosys Limited -- USA Stock  

USD 18.30  0.08  0.44%

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
 Time Horizon     30 Days    Login   to change

Infosys Limited 'What if' Analysis

February 16, 2018
No Change 0.00  0.0%
In 31 days
March 18, 2018
If you would invest  0.00  in Infosys Limited on February 16, 2018 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, NetSuite, Visa, Zillow, Air Lease, and BlackLine. Infosys Limited, together with its subsidiaries, provides consulting, technology, and outsourcing services in North Amer...

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 not too volatile given 1 month investment horizon. Infosys Limited holds Efficiency (Sharpe) Ratio of 0.244 which attests that Infosys Limited had 0.244% 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 Infosys Limited which you can use to evaluate future volatility of the corporation. Please utilize Infosys Limited Downside Deviation of 0.7582, Market Risk Adjusted Performance of 1.43 and Risk Adjusted Performance of 0.2626 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Infosys Limited holds performance score of 16. The company retains Market Volatility (i.e. Beta) of -0.1239 which attests that as returns on market increase, returns on owning Infosys Limited are expected to decrease at a much smaller rate. During bear market, Infosys Limited is likely to outperform the market.. Although it is extremely important to respect Infosys 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 Infosys Limited technical indicators you can presently evaluate if the expected return of 0.2013% will be sustainable into the future. Please utilizes Infosys Limited Mean Deviation, Information Ratio as well as the relationship between Information Ratio and Downside Variance to make a quick decision on weather Infosys Limited current trending patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.20) 

Insignificant reverse predictability

Infosys Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between Infosys Limited time series from February 16, 2018 to March 3, 2018 and March 3, 2018 to March 18, 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 Infosys Limited price movement. The serial correlation of -0.2 indicates that over 20.0% 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 -0.2
Spearman Rank Test 0.15
Price Variance 0.03
Lagged Price Variance 0.02

Infosys Limited Lagged Returns

 Regressed Prices 

Infosys Limited Performance vs DOW

The median price of Infosys Limited for the period between Fri, Feb 16, 2018 and Sun, Mar 18, 2018 is 17.89 with a coefficient of variation of 1.73. The daily time series for the period is distributed with a sample standard deviation of 0.31, arithmetic mean of 17.9, and mean deviation of 0.27. The Stock received some media coverage during the period.
 Price Growth (%)  
Infosys Limited EPS Estimated At 0.2503/15/2018