Salesforce Backtesting

CRM -- USA Stock  

Earnings Call  Next Week

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. Check also Salesforce Hype Analysis, Salesforce Correlation, Salesforce Valuation, Salesforce Volatility as well as analyze Salesforce Alpha and Beta and Salesforce Performance.
Horizon     30 Days    Login   to change

Salesforce 'What if' Analysis

August 24, 2019
No Change 0.00  0.0 
In 2 months and 31 days
November 22, 2019
If you would invest  0.00  in Salesforce on August 24, 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 Sabre, Teradata, Unisys New, Workday, Alphabet, Xunlei Limited, and Salesforce., inc. develops enterprise cloud computing solutions with a focus on customer relationship management worl...

Salesforce Upside/Downside Indicators

Downside Deviation1.49
Information Ratio0.0506
Maximum Drawdown6.74
Value At Risk(2.14)
Potential Upside2.36

Salesforce Market Premium Indicators

Risk Adjusted Performance0.0864
Jensen Alpha0.0845
Total Risk Alpha(0.007816)
Sortino Ratio0.0478
Treynor Ratio0.182

Salesforce Com Backtested Returns

We consider Salesforce very steady. Salesforce Com owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0628 which indicates the firm had 0.0628% 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 869.09, Semi Deviation of 1.23 and Risk Adjusted Performance of 0.0864 to confirm if risk estimate we provide are consistent with the epected return of 0.0867%. Salesforce has performance score of 4 on a scale of 0 to 100. The entity has beta of 0.8314 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 0.0867% will be sustainable into the future. Salesforce Com right now has a risk of 1.3799%. 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.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.53) 
correlation synergy

Good reverse predictability

Salesforce Com has good reverse predictability. Overlapping area represents the amount of predictability between Salesforce time series from August 24, 2019 to October 8, 2019 and October 8, 2019 to November 22, 2019. 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 -0.53 indicates that about 53.0% of current Salesforce price fluctuation can be explain by its past prices. Given that Salesforce Com has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Salesforce for similar time interval.
Correlation Coefficient-0.53
Spearman Rank Test-0.46
Residual Average0.0
Price Variance49.21

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  
Check also Salesforce Hype Analysis, Salesforce Correlation, Salesforce Valuation, Salesforce Volatility as well as analyze Salesforce Alpha and Beta and Salesforce Performance. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.