Capacite Infraprojects (India) Backtesting

CAPACITE -- India Stock  

INR 219.05  1.35  0.61%

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

Capacite Infraprojects 'What if' Analysis

October 21, 2018
0.00
No Change 0.00  0.0%
In 31 days
November 20, 2018
0.00
If you would invest  0.00  in Capacite Infraprojects on October 21, 2018 and sell it all today you would earn a total of 0.00 from holding Capacite Infraprojects Limited or generate 0.0% return on investment in Capacite Infraprojects over 30 days. Capacite Infraprojects is related to or competes with NCC, Praj Industries, Indian Hume, Shriram EPC, Generic Engineering, and BGR Energy. Capacite Infraprojects Limited engages in construction and engineering business in India

Capacite Infraprojects Upside/Downside Indicators

Downside Deviation2.45
Information Ratio0.1711
Maximum Drawdown15.45
Value At Risk3.38
Potential Upside3.98
  

Capacite Infraprojects Market Premium Indicators

Risk Adjusted Performance0.1947
Jensen Alpha0.5701
Total Risk Alpha0.7609
Sortino Ratio0.2491
Treynor Ratio1.11

Capacite Infraprojects Backtested Returns

Macroaxis considers Capacite Infraprojects not too risky given 1 month investment horizon. Capacite Infraprojects secures Sharpe Ratio (or Efficiency) of 0.2319 which signifies that Capacite Infraprojects had 0.2319% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By analyzing Capacite Infraprojects technical indicators you can presently evaluate if the expected return of 0.8626% is justified by implied risk. Please makes use of Capacite Infraprojects Downside Deviation of 2.45, Risk Adjusted Performance of 0.1947 and Mean Deviation of 2.28 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Capacite Infraprojects holds performance score of 15. The firm shows Beta (market volatility) of 0.4792 which signifies that as returns on market increase, Capacite Infraprojects returns are expected to increase less than the market. However during bear market, the loss on holding Capacite Infraprojects will be expected to be smaller as well.. Although it is vital to follow to Capacite Infraprojects historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards 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. We have found twenty-one technical indicators for Capacite Infraprojects Limited which you can use to evaluate performance of the firm. Please makes use of Capacite Infraprojects Maximum Drawdown, Semi Variance and the relationship between Jensen Alpha and Potential Upside to make a quick decision on weather Capacite Infraprojects price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.16) 
correlation synergy

Insignificant reverse predictability

Capacite Infraprojects Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between Capacite Infraprojects time series from October 21, 2018 to November 5, 2018 and November 5, 2018 to November 20, 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 Capacite Infraprojects price movement. The serial correlation of -0.16 indicates that over 16.0% of current Capacite Infraprojects price fluctuation can be explain by its past prices. Given that Capacite Infraprojects Limited has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Capacite Infraprojects for similar time interval.
Correlation Coefficient-0.16
Spearman Rank Test-0.14
Residual Average0.0
Price Variance8.19

Capacite Infraprojects lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Capacite Infraprojects regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Capacite Infraprojects Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - CAPACITE

Capacite Infraprojects Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Capacite Infraprojects Limited. What is your opinion about investing in Capacite Infraprojects Limited? Are you bullish or bearish?
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Capacite Infraprojects Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Capacite Infraprojects and NCC 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 Capacite Infraprojects Hype Analysis, Capacite Infraprojects Correlation, Capacite Infraprojects Valuation, Capacite Infraprojects Volatility as well as analyze Capacite Infraprojects Alpha and Beta and Capacite Infraprojects Performance. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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