ALMONDZ Backtesting

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ALMONDZ -- India Stock  

INR 12.25  1.15  8.58%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of ALMONDZ GLOBAL SEC and determine expected loss or profit from investing in ALMONDZ GLOBAL over given investment horizon. Please continue to ALMONDZ GLOBAL Hype Analysis, ALMONDZ GLOBAL Correlation, ALMONDZ GLOBAL Valuation, ALMONDZ GLOBAL Volatility as well as analyze ALMONDZ GLOBAL Alpha and Beta and ALMONDZ GLOBAL Performance.
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Backtest

ALMONDZ GLOBAL 'What if' Analysis

0.00
04/03/2020
No Change 0.00  0.0 
In 2 months and 31 days
07/02/2020
0.00
If you would invest  0.00  in ALMONDZ GLOBAL on April 3, 2020 and sell it all today you would earn a total of 0.00 from holding ALMONDZ GLOBAL SEC or generate 0.0% return on investment in ALMONDZ GLOBAL over 90 days. Almondz Global Securities Limited operates as an investment bank in India

ALMONDZ GLOBAL Upside/Downside Indicators

Information Ratio(0.18)
Maximum Drawdown20.06
Value At Risk(5.09)
Potential Upside4.93

ALMONDZ GLOBAL Market Premium Indicators

Risk Adjusted Performance(0.20)
Jensen Alpha(0.37)
Total Risk Alpha(0.96)
Treynor Ratio5.83

ALMONDZ GLOBAL SEC Backtested Returns

ALMONDZ GLOBAL SEC secures Sharpe Ratio (or Efficiency) of -0.1257, which signifies that the company had -0.1257% of return per unit of return volatility over the last 3 months. Macroaxis approach to foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. ALMONDZ GLOBAL SEC exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm ALMONDZ GLOBAL SEC risk adjusted performance of (0.20), and mean deviation of 2.7 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0667, which signifies that not very significant volatility relative to the market. Let's try to break down what ALMONDZ's beta means in this case. As returns on the market increase, returns on owning ALMONDZ GLOBAL are expected to decrease at a much lower rate. During the bear market, ALMONDZ GLOBAL is likely to outperform the market. Even though it is essential to pay attention to ALMONDZ GLOBAL SEC historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach to foreseeing 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. ALMONDZ GLOBAL SEC exposes twenty-one different technical indicators, which can help you to evaluate its performance. ALMONDZ GLOBAL SEC has an expected return of -0.5385%. Please be advised to confirm ALMONDZ GLOBAL SEC downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if ALMONDZ GLOBAL SEC stock performance from the past will be repeated in the future.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.04 
correlation synergy

Virtually no predictability

ALMONDZ GLOBAL SEC has virtually no predictability. Overlapping area represents the amount of predictability between ALMONDZ GLOBAL time series from 3rd of April 2020 to 18th of May 2020 and 18th of May 2020 to 2nd of July 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ALMONDZ GLOBAL SEC price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current ALMONDZ GLOBAL price fluctuation can be explain by its past prices.
Correlation Coefficient0.04
Spearman Rank Test-0.33
Residual Average0.0
Price Variance0.23

ALMONDZ GLOBAL SEC lagged returns against current returns

 Current and Lagged Values 
      Timeline 

ALMONDZ GLOBAL regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

ALMONDZ GLOBAL Lagged Returns

 Regressed Prices 
      Timeline 

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ALMONDZ GLOBAL Pair Correlation

Equities Pair Trading Analysis

Please continue to ALMONDZ GLOBAL Hype Analysis, ALMONDZ GLOBAL Correlation, ALMONDZ GLOBAL Valuation, ALMONDZ GLOBAL Volatility as well as analyze ALMONDZ GLOBAL Alpha and Beta and ALMONDZ GLOBAL Performance. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page