Vedanta (India) Backtesting

VEDL -- India Stock  

INR 228.05  0.50  0.22%

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

Vedanta 'What if' Analysis

May 25, 2018
0.00
No Change 0.00  0.0%
In 31 days
June 24, 2018
0.00
If you would invest  0.00  in Vedanta on May 25, 2018 and sell it all today you would earn a total of 0.00 from holding Vedanta Limited or generate 0.0% return on investment in Vedanta over 30 days. Vedanta is related to or competes with Orissa Minerals, Mercator, Ashapura Minechem, Metkore Alloys, Fairchem Speciality, Bombay Rayon, and TVS MOTOR. Vedanta Limited, a diversified natural resources company, engages in exploring, extracting, and processing minerals, and...

Vedanta Upside/Downside Indicators

  

Vedanta Market Premium Indicators

Vedanta Limited Backtested Returns

Macroaxis considers Vedanta to be not too risky. Vedanta Limited owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.3538 which indicates Vedanta Limited had -0.3538% 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. Vedanta Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Vedanta to confirm risk estimate we provide. Macroaxis gives Vedanta performance score of 0 on a scale of 0 to 100. The entity has beta of 0.0 which indicates the returns on MARKET and Vedanta are completely uncorrelated. Even though it is essential to pay attention to Vedanta Limited 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. Vedanta Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Vedanta Limited has expected return of -0.3185%. Please be advised to validate Vedanta Downside Deviation, Standard Deviation, Information Ratio, as well as the relationship between Coefficient Of Variation and Variance to decide if Vedanta Limited past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 

No correlation between past and present

Vedanta Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Vedanta time series from May 25, 2018 to June 9, 2018 and June 9, 2018 to June 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 Vedanta Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current Vedanta price fluctuation can be explain by its past prices.
Average Price 228.05
Lagged Average Price 228.05

Vedanta Limited lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Vedanta regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Vedanta Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - VEDL

Vedanta Limited Investor Sentiment
Most of Macroaxis users are at this time bullish on Vedanta Limited. What is your outlook on investing in Vedanta Limited? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Also please take a look at Vedanta Hype Analysis, Vedanta Correlation, Vedanta Valuation, Vedanta Volatility as well as analyze Vedanta Alpha and Beta and Vedanta Performance. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.