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BRIDGE SECURITIES (India) Backtesting

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BRIDGESE -- India Stock  

INR 4.15  0.00  0.00%

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

BRIDGE SECURITIES 'What if' Analysis

November 24, 2019
0.00
No Change 0.00  0.0 
In 2 months and 31 days
February 22, 2020
0.00
If you would invest  0.00  in BRIDGE SECURITIES on November 24, 2019 and sell it all today you would earn a total of 0.00 from holding BRIDGE SECURITIES LTD or generate 0.0% return on investment in BRIDGE SECURITIES over 90 days. BRIDGE SECURITIES is related to or competes with INDIAN ENERGY, IIFL SECURITIES, Dolat Investments, WEIZMANN FOREX, DHUNSERI VENTURES, ADITYA BIRLA, and STEEL CITY. Bridge Securities Limited engages in the security trading and brokerage business in India

BRIDGE SECURITIES Upside/Downside Indicators

Information Ratio(0.35)
Maximum Drawdown5.0
Value At Risk(4.72)

BRIDGE SECURITIES Market Premium Indicators

Risk Adjusted Performance(0.24)
Jensen Alpha(0.53)
Total Risk Alpha(0.65)
Treynor Ratio(9.92)

BRIDGE SECURITIES LTD Backtested Returns

Macroaxis considers BRIDGE SECURITIES to be very risky. BRIDGE SECURITIES LTD secures Sharpe Ratio (or Efficiency) of -0.3253 which signifies that the organization had -0.3253% of return per unit of return volatility over the last 3 months. 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. BRIDGE SECURITIES LTD exposes twenty-four different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm BRIDGE SECURITIES LTD Risk Adjusted Performance of (0.24) and Mean Deviation of 1.04 to double-check risk estimate we provide. The firm shows Beta (market volatility) of 0.0532 which signifies that as returns on market increase, BRIDGE SECURITIES returns are expected to increase less than the market. However during bear market, the loss on holding BRIDGE SECURITIES will be expected to be smaller as well. Even though it is essential to pay attention to BRIDGE SECURITIES LTD 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. BRIDGE SECURITIES LTD exposes twenty-four different technical indicators which can help you to evaluate its performance. BRIDGE SECURITIES LTD has expected return of -0.5903%. Please be advised to confirm BRIDGE SECURITIES LTD Value At Risk, Kurtosis and the relationship between Sortino Ratio and Semi Variance to decide if BRIDGE SECURITIES LTD past performance will be repeated in the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.57) 
correlation synergy

Good reverse predictability

BRIDGE SECURITIES LTD has good reverse predictability. Overlapping area represents the amount of predictability between BRIDGE SECURITIES time series from November 24, 2019 to January 8, 2020 and January 8, 2020 to February 22, 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 BRIDGE SECURITIES LTD price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current BRIDGE SECURITIES price fluctuation can be explain by its past prices. Given that BRIDGE SECURITIES LTD has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of BRIDGE SECURITIES for similar time interval.
Correlation Coefficient-0.57
Spearman Rank Test-0.88
Residual Average0.0
Price Variance0.0

BRIDGE SECURITIES LTD lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

BRIDGE SECURITIES regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
  Timeline 

BRIDGE SECURITIES Lagged Returns

 Regressed Prices 
    
  Timeline 

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BRIDGE SECURITIES Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for BRIDGE SECURITIES and INDIAN ENERGY EXCH. 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
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Continue to BRIDGE SECURITIES Hype Analysis, BRIDGE SECURITIES Correlation, BRIDGE SECURITIES Valuation, BRIDGE SECURITIES Volatility as well as analyze BRIDGE SECURITIES Alpha and Beta and BRIDGE SECURITIES Performance. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.