Infosys Limited Backtesting

Infosys Limited -- USA Stock  

USD 15.9  0.16  1%

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

November 17, 2017
No Change 0.00  0.0%
In 31 days
December 17, 2017
If you would invest  0.00  in Infosys Limited on November 17, 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. 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 not too volatile given 1 month investment horizon. Infosys Limited holds Efficiency (Sharpe) Ratio of 0.2267 which attests that Infosys Limited had 0.2267% 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 1.43, Market Risk Adjusted Performance of 0.5835 and Risk Adjusted Performance of 0.137 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Infosys Limited holds performance score of 14. The company retains Market Volatility (i.e. Beta) of 0.6248 which attests that as returns on market increase, Infosys Limited returns are expected to increase less than the market. However during bear market, the loss on holding Infosys Limited will be expected to be smaller as well.. Although it is vital to follow to Infosys Limited current price history, it is good to be conservative about what you can actually do with the information regarding 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 0.2865% 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 0.31 

Below average predictability

Infosys Limited has below average predictability. Overlapping area represents the amount of predictability between Infosys Limited time series from November 17, 2017 to December 2, 2017 and December 2, 2017 to December 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 Infosys Limited price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Infosys Limited price fluctuation can be explain by its past prices.
Correlation Coefficient 0.31
Spearman Rank Test 0.13
Price Variance 0.03
Lagged Price Variance 0.05

Infosys Limited Lagged Returns

 Regressed Prices 

Infosys Limited Performance vs DOW

The median price of Infosys Limited for the period between Fri, Nov 17, 2017 and Sun, Dec 17, 2017 is 15.56 with a coefficient of variation of 2.1. The daily time series for the period is distributed with a sample standard deviation of 0.33, arithmetic mean of 15.51, and mean deviation of 0.26. The Stock received some media coverage during the period.
Price Growth (%)  
Analysts See 0.24 EPS for Infosys Limited12/15/2017