AMJ land (India) Backtesting

AMJLAND -- India Stock  

INR 23.05  0.35  1.54%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of AMJ land Holdings Limited and determine expected loss or profit from investing in AMJ land over given investment horizon. Check also AMJ land Hype Analysis, AMJ land Correlation, AMJ land Valuation, AMJ land Volatility as well as analyze AMJ land Alpha and Beta and AMJ land Performance.
Horizon     30 Days    Login   to change

AMJ land 'What if' Analysis

October 18, 2018
No Change 0.00  0.0%
In 31 days
November 17, 2018
If you would invest  0.00  in AMJ land on October 18, 2018 and sell it all today you would earn a total of 0.00 from holding AMJ land Holdings Limited or generate 0.0% return on investment in AMJ land over 30 days. AMJ land is related to or competes with Sunteck Realty, Sobha, Omaxe, Ashiana Housing, Housing Development, and Vipul. AMJ Land Holdings Limited, together with its subsidiary, develops and leases real estate properties in India

AMJ land Upside/Downside Indicators

Downside Deviation2.1
Information Ratio0.175
Maximum Drawdown7.77
Value At Risk2.67
Potential Upside3.51

AMJ land Market Premium Indicators

Risk Adjusted Performance0.1811
Jensen Alpha0.3174
Total Risk Alpha0.4482
Sortino Ratio0.184
Treynor Ratio2.77

AMJ land Holdings Backtested Returns

Macroaxis considers AMJ land not very risky given 1 month investment horizon. AMJ land Holdings secures Sharpe Ratio (or Efficiency) of 0.2066 which signifies that AMJ land Holdings had 0.2066% of return per unit of return volatility over the last 1 month. Our approach to foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for AMJ land Holdings Limited which you can use to evaluate future volatility of the firm. Please makes use of AMJ land Holdings Semi Deviation of 1.89, Risk Adjusted Performance of 0.1811 and Mean Deviation of 1.76 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 AMJ land holds performance score of 13. The firm shows Beta (market volatility) of 0.1116 which signifies that as returns on market increase, AMJ land returns are expected to increase less than the market. However during bear market, the loss on holding AMJ land will be expected to be smaller as well.. Although it is vital to follow to AMJ land Holdings historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The approach to foreseeing 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 reviewing AMJ land Holdings technical indicators you can today evaluate if the expected return of 0.4486% will be sustainable into the future. Please makes use of AMJ land Holdings Standard Deviation, Value At Risk, Kurtosis, as well as the relationship between Jensen Alpha and Semi Variance to make a quick decision on weather AMJ land price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.35) 
correlation synergy

Poor reverse predictability

AMJ land Holdings Limited has poor reverse predictability. Overlapping area represents the amount of predictability between AMJ land time series from October 18, 2018 to November 2, 2018 and November 2, 2018 to November 17, 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 AMJ land Holdings price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current AMJ land price fluctuation can be explain by its past prices. Given that AMJ land Holdings Limited has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of AMJ land for similar time interval.
Correlation Coefficient-0.35
Spearman Rank Test0.64
Residual Average0.0
Price Variance0.19

AMJ land Holdings lagged returns against current returns

 Current and Lagged Values 

AMJ land regressed lagged prices vs. current prices

 Current vs Lagged Prices 

AMJ land Lagged Returns

 Regressed Prices 

Current Sentiment - AMJLAND

AMJ land Holdings Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in AMJ land Holdings Limited. What is your sentiment towards investing in AMJ land Holdings Limited? Are you bullish or bearish?
50% Bullish
50% Bearish

AMJ land Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for AMJ land and DLF Limited. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Check also AMJ land Hype Analysis, AMJ land Correlation, AMJ land Valuation, AMJ land Volatility as well as analyze AMJ land Alpha and Beta and AMJ land Performance. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.