Visa Backtesting

Visa Inc -- USA Stock  

USD 120.38  0.05  0.0415%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Visa Inc 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
SymbolX
Backtest

Visa 'What if' Analysis

January 23, 2018
0.00
No Change 0.00  0.0%
In 31 days
February 22, 2018
0.00
If you would invest  0.00  in Visa on January 23, 2018 and sell it all today you would earn a total of 0.00 from holding Visa Inc 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, and Alliance Data. Visa Inc. operates as a payments technology company worldwide

Visa Upside/Downside Indicators

  

Visa Market Premium Indicators

Visa Inc lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Visa regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Visa Inc Backtested Returns

Macroaxis considers Visa to be not too risky. Visa Inc owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.068 which indicates Visa Inc had -0.068% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring 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. Visa Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Visa Coefficient Of Variation of 1,434 and Risk Adjusted Performance of 0.12 to confirm risk estimate we provide. Macroaxis gives Visa performance score of 0 on a scale of 0 to 100. The entity has beta of 1.0983 which indicates Visa returns are very sensitive to returns on the market. as market goes up or down, Visa is expected to follow.. Even though it is essential to pay attention to Visa Inc current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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. Visa Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Visa Inc has expected return of -0.1357%. Please be advised to validate Visa Value At Risk as well as the relationship between Semi Variance and Kurtosis to decide if Visa Inc past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.31) 

Poor reverse predictability

Visa Inc has poor reverse predictability. Overlapping area represents the amount of predictability between Visa time series from January 23, 2018 to February 7, 2018 and February 7, 2018 to February 22, 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 Inc price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Visa price fluctuation can be explain by its past prices. Given that Visa Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Visa for similar time interval.
Correlation Coefficient -0.31
Spearman Rank Test -0.74
Price Variance 6.12
Lagged Price Variance 8.32

Visa Lagged Returns

 Regressed Prices 
      Timeline 

Visa Performance vs DOW

The median price of Visa for the period between Tue, Jan 23, 2018 and Thu, Feb 22, 2018 is 121.85 with a coefficient of variation of 2.77. The daily time series for the period is distributed with a sample standard deviation of 3.37, arithmetic mean of 121.39, and mean deviation of 2.72. The Stock received some media coverage during the period.
February 15, 2018Visa Dividend Paid
Price Growth (%)  
      Timeline 
1
Is Visa Inc. a Buy02/22/2018