Visa Backtesting

Visa Inc -- USA Stock  

USD 107.8  0.26  0.24%

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
Investment Horizon     30 Days    Login   to change
SymbolX
Backtest

Visa 'What if' Analysis

September 18, 2017
 0.00 
No Change 0.00  0.0%
In 31 days
October 18, 2017
 0.00 
If you would invest  0.00  in Visa on September 18, 2017 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 Vantiv, Verisk Analytics, 58 com, Automatic Data, and Alliance Data. Visa Inc facilitates commerce through the transfer of value and information among consumers, merchants, financial instit...

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

We consider Visa not too risky. Visa Inc owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.1741 which indicates Visa Inc had 0.1741% 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 Inc which you can use to evaluate future volatility of the company. Please validate Visa Semi Deviation of 0.918, Coefficient Of Variation of 691.85 and Risk Adjusted Performance of 0.0399 to confirm if risk estimate we provide are consistent with the epected return of 0.124%. Visa has performance score of 11 on a scale of 0 to 100. The entity has beta of 0.2002 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 Inc 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 Inc technical indicators you can presently evaluate if the expected return of 0.124% will be sustainable into the future. Visa Inc right now has a risk of 0.7123%. 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(0.36) 

Poor reverse predictability

Visa Inc has poor reverse predictability. Overlapping area represents the amount of predictability between Visa time series from September 18, 2017 to October 3, 2017 and October 3, 2017 to October 18, 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 Visa Inc price movement. The serial correlation of -0.36 indicates that just about 36.0% 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 -0.36
Spearman Rank Test 0.16
Price Variance 1.13
Lagged Price Variance 0.83

Visa Lagged Returns

 Regressed Prices 
      Timeline 

Visa Performance vs DOW

The median price of Visa for the period between Mon, Sep 18, 2017 and Wed, Oct 18, 2017 is 105.59 with a coefficient of variation of 1.59. The daily time series for the period is distributed with a sample standard deviation of 1.69, arithmetic mean of 106.06, and mean deviation of 1.41. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Acquisition by Ryan McInerney of 97850 shares of Visa subjec...10/16/2017