CYIENT (India) Backtesting

CYIENT -- India Stock  

INR 428.85  3.85  0.91%

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

CYIENT 'What if' Analysis

June 21, 2019
0.00
No Change 0.00  0.0%
In 2 months and 2 days
August 20, 2019
0.00
If you would invest  0.00  in CYIENT on June 21, 2019 and sell it all today you would earn a total of 0.00 from holding CYIENT LIMITED or generate 0.0% return on investment in CYIENT over 60 days. CYIENT is related to or competes with NETWORK LTD. Cyient Limited provides geospatial, engineering design, information technology solutions, and data analytic services in ...

CYIENT Upside/Downside Indicators

Information Ratio0.326
Maximum Drawdown0.5127
Value At Risk(0.11)

CYIENT Market Premium Indicators

Risk Adjusted Performance(0.30)
Jensen Alpha(0.027319)
Total Risk Alpha(0.022085)
Treynor Ratio2.19

CYIENT LIMITED Backtested Returns

Macroaxis considers CYIENT to be very steady. CYIENT LIMITED secures Sharpe Ratio (or Efficiency) of -0.2372 which signifies that the organization had -0.2372% of return per unit of return volatility over the last 2 months. Macroaxis way of 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. CYIENT LIMITED exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm CYIENT LIMITED Risk Adjusted Performance of (0.30) and Mean Deviation of 0.0311 to double-check risk estimate we provide. The firm shows Beta (market volatility) of -0.0122 which signifies that as returns on market increase, returns on owning CYIENT are expected to decrease at a much smaller rate. During bear market, CYIENT is likely to outperform the market. Even though it is essential to pay attention to CYIENT LIMITED historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis way of 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. CYIENT LIMITED exposes twenty-one different technical indicators which can help you to evaluate its performance. CYIENT LIMITED has expected return of -0.5586%. Please be advised to confirm CYIENT LIMITED Information Ratio as well as the relationship between Potential Upside and Kurtosis to decide if CYIENT LIMITED past performance will be repeated at future time.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.56 
correlation synergy

Modest predictability

CYIENT LIMITED has modest predictability. Overlapping area represents the amount of predictability between CYIENT time series from June 21, 2019 to July 21, 2019 and July 21, 2019 to August 20, 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 CYIENT LIMITED price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current CYIENT price fluctuation can be explain by its past prices.
Correlation Coefficient0.56
Spearman Rank Test0.56
Residual Average0.0
Price Variance327.54

CYIENT LIMITED lagged returns against current returns

 Current and Lagged Values 
      Timeline 

CYIENT regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

CYIENT Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - CYIENT

CYIENT LIMITED Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in CYIENT LIMITED. What is your opinion about investing in CYIENT LIMITED? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

CYIENT Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for CYIENT and GODREJ INDUSTRIES. 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 CYIENT Hype Analysis, CYIENT Correlation, CYIENT Valuation, CYIENT Volatility as well as analyze CYIENT Alpha and Beta and CYIENT Performance. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
Search macroaxis.com