Visa Backtesting

V -- USA Stock  

USD 130.98  0.90  0.68%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Visa and determine expected loss or profit from investing in Visa over given investment horizon. Also please take a look at Visa Hype Analysis, Visa Correlation, Visa Valuation, Visa Volatility as well as analyze Visa Alpha and Beta and Visa Performance.
 Time Horizon     30 Days    Login   to change

Visa 'What if' Analysis

April 24, 2018
No Change 0.00  0.0%
In 31 days
May 24, 2018
If you would invest  0.00  in Visa on April 24, 2018 and sell it all today you would earn a total of 0.00 from holding Visa or generate 0.0% return on investment in Visa over 30 days. Visa is related to or competes with Verisk Analytics, 58 com, Automatic Data, Alliance Data, Convergys, and ECOLAB INC. Visa Inc. operates as a payments technology company worldwide

Visa Upside/Downside Indicators

Downside Deviation0.6166
Information Ratio0.3411
Maximum Drawdown5.73
Value At Risk0.84
Potential Upside0.8951

Visa Market Premium Indicators

Risk Adjusted Performance0.01
Sortino Ratio0.6292

Visa Backtested Returns

Macroaxis considers Visa not too risky given 1 month investment horizon. Visa owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.3411 which indicates Visa had 0.3411% of return per unit of risk over the last 1 month. Our philosophy towards measuring 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-seven technical indicators for Visa which you can use to evaluate future volatility of the company. Please operate Visa Downside Deviation of 0.6166, Standard Deviation of 1.14 and Risk Adjusted Performance of 0.01 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Visa holds performance score of 22. The entity has beta of 0.0 which indicates the returns on MARKET and Visa are completely uncorrelated. Although it is vital to follow to Visa current price movements, it is good to be conservative about what you can actually do with the information regarding equity historical returns. The philosophy towards measuring 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 inspecting Visa technical indicators you can presently evaluate if the expected return of 0.388% will be sustainable into the future. Please operates Visa Potential Upside, Accumulation Distribution, Price Action Indicator, as well as the relationship between Expected Short fall and Day Median Price to make a quick decision on weather Visa existing price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.12 

Insignificant predictability

Visa has insignificant predictability. Overlapping area represents the amount of predictability between Visa time series from April 24, 2018 to May 9, 2018 and May 9, 2018 to May 24, 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 Visa price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Visa price fluctuation can be explain by its past prices.
Correlation Coefficient 0.12
Spearman Rank Test 0.01
Price Variance 0.33
Lagged Price Variance 8.1

Visa lagged returns against current returns

 Current and Lagged Values 

Visa regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Visa Lagged Returns

 Regressed Prices 

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Also please take a look at Visa Hype Analysis, Visa Correlation, Visa Valuation, Visa Volatility as well as analyze Visa Alpha and Beta and Visa Performance. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.