Salesforce Backtesting

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

Salesforce 'What if' Analysis

November 2, 2016
No Change 0.00  0.0%
In 31 days
December 2, 2016
If you would invest  0.00  in Salesforce on November 2, 2016 and sell it all today you would earn a total of 0.00 from holding salesforce inc or generate 0.0% return on investment in Salesforce over 30 days. Salesforce is related to or competes with Oracle, S A P, ADOBE SYSTEMS, INTUIT INC, RED HAT, and Mobileye NV. It offers enterprise cloud computing applications and platform services including Sales Cloud that enables companies to ...

Salesforce Upside/Downside Indicators


Salesforce Market Premium Indicators

salesforce inc lagged returns against current returns

 Current and Lagged Values 
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Salesforce regressed lagged prices vs. current prices

 Current vs Lagged Prices 
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salesforce inc Backtested Returns

Macroaxis considers Salesforce to be not too risky. salesforce inc owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1696 which indicates salesforce inc had -0.1696% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring 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. salesforce inc exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Salesforce Coefficient Of Variation of (496.91) and Risk Adjusted Performance of (0.12) to confirm risk estimate we provide. Macroaxis gives Salesforce performance score of 0 on a scale of 0 to 100. The entity has beta of -0.6452 which indicates as returns on market increase, returns on owning Salesforce are expected to decrease at a much smaller rate. During bear market, Salesforce is likely to outperform the market.. Even though it is essential to pay attention to salesforce inc current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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. salesforce inc exposes twenty-eight different technical indicators which can help you to evaluate its performance. salesforce inc has expected return of -0.3299%. Please be advised to validate Salesforce Downside Variance, and the relationship between Sortino Ratio and Accumulation Distribution to decide if salesforce inc past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure 
15 days auto-correlation 0.25 

Poor predictability

salesforce inc has poor predictability. Overlapping area represents amount of predictability between Salesforce time series from November 2, 2016 to November 17, 2016 and November 17, 2016 to December 2, 2016. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of salesforce inc price movement. The serial correlation of 0.25 indicates that over 25.0% of current Salesforce price fluctuation can be explain by its past prices.
Correlation Coefficient 0.25
Spearman Rank Test 0.12
Price Variance 6.62
Lagged Price Variance 1.29

Salesforce Lagged Returns

 Regressed Prices 
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Salesforce Performance vs NYSE

The median price of Salesforce for the period between Wed, Nov 2, 2016 and Fri, Dec 2, 2016 is 74.14 with a coefficient of variation of 2.59. The daily time series for the period is distributed with a sample standard deviation of 1.92, arithmetic mean of 74.24, and mean deviation of 1.37. The Stock received some media coverage during the period.
Price Growth (%)  
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