Visa Backtesting

V -- USA Stock  

USD 139.73  0.48  0.34%

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

July 16, 2018
No Change 0.00  0.0%
In 30 days
August 15, 2018
If you would invest  0.00  in Visa on July 16, 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 Genpact, Broadridge Financial, Verisk Analytics, Euronet Worldwide, ExlService Holdings, and EXPONENT INC. Visa Inc. operates as a payments technology company worldwide

Visa Upside/Downside Indicators

Downside Deviation1.23
Information Ratio0.013645
Maximum Drawdown4.87
Value At Risk1.26
Potential Upside1.1

Visa Market Premium Indicators

Risk Adjusted Performance0.0192
Jensen Alpha0.02
Total Risk Alpha0.05
Sortino Ratio0.010753
Treynor Ratio3.74

Visa Backtested Returns

We consider Visa not too risky. Visa owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0643 which indicates Visa had 0.0643% 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-one technical indicators for Visa which you can use to evaluate future volatility of the company. Please validate Visa Semi Deviation of 1.09, Coefficient Of Variation of 3212.1 and Risk Adjusted Performance of 0.0192 to confirm if risk estimate we provide are consistent with the epected return of 0.0615%. Visa has performance score of 4 on a scale of 0 to 100. The entity has beta of 0.0054 which indicates as returns on market increase, Visa returns are expected to increase less than the market. However during bear market, the loss on holding Visa will be expected to be smaller as well.. Although it is extremely important to respect Visa current price movements, it is better to be realistic regarding the information on 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 0.0615% will be sustainable into the future. Visa right now has a risk of 0.9573%. Please validate Visa Value At Risk as well as the relationship between Semi Variance and Kurtosis to decide if Visa will be following its existing price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.22 

Weak predictability

Visa has weak predictability. Overlapping area represents the amount of predictability between Visa time series from July 16, 2018 to July 31, 2018 and July 31, 2018 to August 15, 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 0.22 indicates that over 22.0% of current Visa price fluctuation can be explain by its past prices.
Correlation Coefficient 0.22
Spearman Rank Test 0.06
Price Variance 1.18
Lagged Price Variance 2.71

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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.