Salesforce Backtesting

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CRM -- USA Stock  

Fiscal Quarter End: April 30, 2020  

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

Salesforce 'What if' Analysis

No Change 0.00  0.0 
In 2 months and 31 days
If you would invest  0.00  in Salesforce on November 30, 2019 and sell it all today you would earn a total of 0.00 from holding Salesforce Com or generate 0.0% return on investment in Salesforce over 90 days. Salesforce is related to or competes with Workday, Computer Sciences, Xunlei Limited, Teradata, Unisys New, and Vmware. salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management worl...

Salesforce Upside/Downside Indicators

Downside Deviation1.37
Information Ratio0.1709
Maximum Drawdown6.89
Value At Risk(2.00)
Potential Upside2.03

Salesforce Market Premium Indicators

Risk Adjusted Performance0.0887
Jensen Alpha0.1153
Total Risk Alpha0.2619
Sortino Ratio0.171
Treynor Ratio0.6232

Salesforce Com Backtested Returns

We consider Salesforce very steady. Salesforce Com owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0841 which indicates the firm had 0.0841% of return per unit of risk over the last 3 months. Our philosophy towards measuring 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 Salesforce Com which you can use to evaluate future volatility of the company. Please validate Salesforce Coefficient Of Variation of 1317.95, Risk Adjusted Performance of 0.0887 and Semi Deviation of 1.29 to confirm if risk estimate we provide are consistent with the epected return of 0.1177%. Salesforce has performance score of 5 on a scale of 0 to 100. The entity has beta of 0.151, which indicates as returns on market increase, Salesforce returns are expected to increase less than the market. However during bear market, the loss on holding Salesforce will be expected to be smaller as well. Although it is extremely important to respect Salesforce Com current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring 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 inspecting Salesforce Com technical indicators you can presently evaluate if the expected return of 0.1177% will be sustainable into the future. Salesforce Com right now has a risk of 1.4%. Please validate Salesforce Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if Salesforce will be following its existing price patterns.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.74 
correlation synergy

Good predictability

Salesforce Com has good predictability. Overlapping area represents the amount of predictability between Salesforce time series from November 30, 2019 to January 14, 2020 and January 14, 2020 to February 28, 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 Salesforce Com price movement. The serial correlation of 0.74 indicates that around 74.0% of current Salesforce price fluctuation can be explain by its past prices.
Correlation Coefficient0.74
Spearman Rank Test0.81
Residual Average0.0
Price Variance13.27

Salesforce Com lagged returns against current returns

 Current and Lagged Values 

Salesforce regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Salesforce Lagged Returns

 Regressed Prices 

Current Sentiment - CRM

Salesforce Com Investor Sentiment

Predominant part of Macroaxis users are currently bullish on Salesforce Com. What is your outlook on investing in Salesforce Com? Are you bullish or bearish?
98% Bullish
2% Bearish

Salesforce Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Salesforce and CA. 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  
Continue to Salesforce Hype Analysis, Salesforce Correlation, Salesforce Valuation, Salesforce Volatility as well as analyze Salesforce Alpha and Beta and Salesforce Performance. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.