Chambal Breweries (India) Backtesting

CHMBBRW -- India Stock  

INR 2.19  0.00  0.00%

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

Chambal Breweries 'What if' Analysis

October 19, 2018
No Change 0.00  0.0%
In 31 days
November 18, 2018
If you would invest  0.00  in Chambal Breweries on October 19, 2018 and sell it all today you would earn a total of 0.00 from holding Chambal Breweries Distilleries Ltd or generate 0.0% return on investment in Chambal Breweries over 30 days. Chambal Breweries is related to or competes with United Breweries, United Breweries, Associated Alcohols, Idea Cellular. Chambal Breweries Distilleries Limited trades in and retails IMFL, beer, and country liquor

Chambal Breweries Upside/Downside Indicators

Information Ratio0.3584
Maximum Drawdown14.33
Value At Risk3.36
Potential Upside9.09

Chambal Breweries Market Premium Indicators

Risk Adjusted Performance0.4216
Jensen Alpha1.29
Total Risk Alpha1.43
Treynor Ratio1.08

Chambal Breweries Backtested Returns

Macroaxis considers Chambal Breweries extremely risky given 1 month investment horizon. Chambal Breweries secures Sharpe Ratio (or Efficiency) of 0.0647 which signifies that Chambal Breweries had 0.0647% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Chambal Breweries Distilleries Ltd which you can use to evaluate future volatility of the firm. Please makes use of Chambal Breweries Mean Deviation of 2.76 and Risk Adjusted Performance of 0.4216 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Chambal Breweries holds performance score of 4. The firm shows Beta (market volatility) of 1.119 which signifies that Chambal Breweries returns are very sensitive to returns on the market. as market goes up or down, Chambal Breweries is expected to follow.. Although it is extremely important to respect Chambal Breweries historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in 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. By analyzing Chambal Breweries technical indicators you can presently evaluate if the expected return of 0.2147% will be sustainable into the future. Please makes use of Chambal Breweries Mean Deviation, Standard Deviation, Treynor Ratio, as well as the relationship between Downside Deviation and Information Ratio to make a quick decision on weather Chambal Breweries price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.51) 
correlation synergy

Good reverse predictability

Chambal Breweries Distilleries Ltd has good reverse predictability. Overlapping area represents the amount of predictability between Chambal Breweries time series from October 19, 2018 to November 3, 2018 and November 3, 2018 to November 18, 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 Chambal Breweries price movement. The serial correlation of -0.51 indicates that about 51.0% of current Chambal Breweries price fluctuation can be explain by its past prices. Given that Chambal Breweries Distilleries Ltd has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Chambal Breweries for similar time interval.
Correlation Coefficient-0.51
Spearman Rank Test-0.6
Residual Average0.0
Price Variance0.01

Chambal Breweries lagged returns against current returns

 Current and Lagged Values 

Chambal Breweries regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Chambal Breweries Lagged Returns

 Regressed Prices 

Current Sentiment - CHMBBRW

Chambal Breweries Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Chambal Breweries Distilleries Ltd. What is your opinion about investing in Chambal Breweries Distilleries Ltd? Are you bullish or bearish?
50% Bullish
50% Bearish

Chambal Breweries Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Chambal Breweries and United Breweries 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 Chambal Breweries Hype Analysis, Chambal Breweries Correlation, Chambal Breweries Valuation, Chambal Breweries Volatility as well as analyze Chambal Breweries Alpha and Beta and Chambal Breweries Performance. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.