AMJ land (India) Backtesting

AMJLAND -- India Stock  

INR 23.70  2.15  9.98%

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
SymbolX
Backtest

AMJ land 'What if' Analysis

August 26, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 25, 2018
0.00
If you would invest  0.00  in AMJ land on August 26, 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 Tata Consultancy, Tata Consultancy, Reliance Industries, Reliance Industries, HDFC Bank, HDFC Bank, and ITC. AMJ land Holdings Limited primarily engages in the development of real estate properties in India

AMJ land Upside/Downside Indicators

Information Ratio0.22
Maximum Drawdown14.41
Value At Risk5.58
Potential Upside3.02
  

AMJ land Market Premium Indicators

Risk Adjusted Performance0.07
Jensen Alpha0.39
Total Risk Alpha1.76
Treynor Ratio0.3856

AMJ land Holdings Backtested Returns

Macroaxis considers AMJ land to be not very volatile. AMJ land Holdings secures Sharpe Ratio (or Efficiency) of -0.1783 which signifies that AMJ land Holdings had -0.1783% of return per unit of return volatility over the last 1 month. Macroaxis approach to foreseeing 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. AMJ land Holdings Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm AMJ land Holdings Risk Adjusted Performance of 0.07 and Mean Deviation of 2.62 to double-check risk estimate we provide. Macroaxis gives AMJ land performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -1.655 which signifies that as returns on market increase, returns on owning AMJ land are expected to decrease by larger amounts. On the other hand, during market turmoil, AMJ land is expected to significantly outperform it.. Even though it is essential to pay attention to AMJ land Holdings 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. AMJ land Holdings Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. AMJ land Holdings has expected return of -0.672%. Please be advised to confirm AMJ land Holdings Standard Deviation, Value At Risk, Kurtosis, as well as the relationship between Jensen Alpha and Semi Variance to decide if AMJ land Holdings past performance will be repeated in the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.45 

Average predictability

AMJ land Holdings Limited has average predictability. Overlapping area represents the amount of predictability between AMJ land time series from August 26, 2018 to September 10, 2018 and September 10, 2018 to September 25, 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 0.45 indicates that just about 45.0% of current AMJ land price fluctuation can be explain by its past prices.
Correlation Coefficient0.45
Spearman Rank Test0.53
Residual Average0.0
Price Variance1.28

AMJ land Holdings lagged returns against current returns

 Current and Lagged Values 
      Timeline 

AMJ land regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

AMJ land Lagged Returns

 Regressed Prices 
      Timeline 

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?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

AMJ land Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for AMJ land and Tata Consultancy Ser. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Search macroaxis.com