BLKASHYAP Backtesting

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BLKASHYAP -- India Stock  

INR 3.90  0.20  4.88%

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

B L 'What if' Analysis

0.00
03/03/2020
No Change 0.00  0.0 
In 3 months and 1 day
06/01/2020
0.00
If you would invest  0.00  in B L on March 3, 2020 and sell it all today you would earn a total of 0.00 from holding B L KASHYAP or generate 0.0% return on investment in B L over 90 days. Kashyap and Sons Limited, together with its subsidiaries, engages in the construction and infrastructure development act...

B L Upside/Downside Indicators

Information Ratio(0.18)
Maximum Drawdown34.05
Value At Risk(9.44)
Potential Upside8.82

B L Market Premium Indicators

Risk Adjusted Performance(0.72)
Jensen Alpha(1.08)
Total Risk Alpha(1.07)
Treynor Ratio(8.37)

B L KASHYAP Backtested Returns

Macroaxis considers B L to be very risky. B L KASHYAP secures Sharpe Ratio (or Efficiency) of -0.1599, which signifies that the company had -0.1599% of return per unit of return volatility over the last 3 months. Macroaxis philosophy in 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. B L KASHYAP exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm B L KASHYAP Mean Deviation of 3.95 and Coefficient Of Variation of (555.95) to double-check the risk estimate we provide. The corporation shows a Beta (market volatility) of 0.1294, which signifies that as returns on market increase, B L returns are expected to increase less than the market. However, during bear market, the loss on holding B L will be expected to be smaller as well. Even though it is essential to pay attention to B L KASHYAP historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in 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. B L KASHYAP exposes twenty-one different technical indicators, which can help you to evaluate its performance. B L KASHYAP has an expected return of -1.0017%. Please be advised to confirm B L KASHYAP Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if B L KASHYAP stock performance from the past will be repeated sooner or later.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.24 
correlation synergy

Weak predictability

B L KASHYAP has weak predictability. Overlapping area represents the amount of predictability between B L time series from 3rd of March 2020 to 17th of April 2020 and 17th of April 2020 to 1st of June 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 B L KASHYAP price movement. The serial correlation of 0.24 indicates that over 24.0% of current B L price fluctuation can be explain by its past prices.
Correlation Coefficient0.24
Spearman Rank Test-0.17
Residual Average0.0
Price Variance0.13

B L KASHYAP lagged returns against current returns

 Current and Lagged Values 
      Timeline 

B L regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

B L Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - BLKASHYAP

B L KASHYAP Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in B L KASHYAP. What is your opinion about investing in B L KASHYAP? Are you bullish or bearish?
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B L Pair Correlation

Equities Pair Trading Analysis

Continue to B L Hype Analysis, B L Correlation, B L Valuation, B L Volatility as well as analyze B L Alpha and Beta and B L Performance. Please also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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