Consolidated Construction (India) Backtesting

CCCL -- India Stock  

INR 2.35  0.35  17.50%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Consolidated Construction Consortium Limited and determine expected loss or profit from investing in Consolidated Construction over given investment horizon. Check also Consolidated Construction Hype Analysis, Consolidated Construction Correlation, Consolidated Construction Valuation, Consolidated Construction Volatility as well as analyze Consolidated Construction Alpha and Beta and Consolidated Construction Performance.
Horizon     30 Days    Login   to change
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Consolidated Construction '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 Consolidated Construction on August 26, 2018 and sell it all today you would earn a total of 0.00 from holding Consolidated Construction Consortium Limited or generate 0.0% return on investment in Consolidated Construction over 30 days. Consolidated Construction is related to or competes with Tata Consultancy, Tata Consultancy, Reliance Industries, Reliance Industries, HDFC Bank, HDFC Bank, and ITC. Consolidated Construction Consortium Limited, together with its subsidiaries, provides construction, engineering, procur...

Consolidated Construction Upside/Downside Indicators

Information Ratio0.18
Maximum Drawdown21.24
Value At Risk5.56
Potential Upside6.25
  

Consolidated Construction Market Premium Indicators

Risk Adjusted Performance0.06
Jensen Alpha1.39
Total Risk Alpha2.45
Treynor Ratio0.20

Consolidated Construction Backtested Returns

Macroaxis considers Consolidated Construction to be exceptionally risky. Consolidated Construction secures Sharpe Ratio (or Efficiency) of -0.2037 which signifies that Consolidated Construction had -0.2037% of return per unit of risk over the last 1 month. Macroaxis philosophy towards 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. Consolidated Construction Consortium Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Consolidated Construction Risk Adjusted Performance of 0.06 and Mean Deviation of 3.22 to double-check risk estimate we provide. Macroaxis gives Consolidated Construction performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 4.0331 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Consolidated Construction will likely underperform.. Even though it is essential to pay attention to Consolidated Construction historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards 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. Consolidated Construction Consortium Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Consolidated Construction has expected return of -1.1264%. Please be advised to confirm Consolidated Construction Standard Deviation, Information Ratio, Treynor Ratio, as well as the relationship between Variance and Jensen Alpha to decide if Consolidated Construction past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.63 

Good predictability

Consolidated Construction Consortium Limited has good predictability. Overlapping area represents the amount of predictability between Consolidated Construction 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 Consolidated Construction price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Consolidated Construction price fluctuation can be explain by its past prices.
Correlation Coefficient0.63
Spearman Rank Test0.37
Residual Average0.0
Price Variance0.02

Consolidated Construction lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Consolidated Construction regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Consolidated Construction Lagged Returns

 Regressed Prices 
      Timeline 

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Consolidated Construction Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Consolidated Construction 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
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