IIFL Liquid (India) Backtesting

F00000QSW0 -- India Fund  

INR 1,005  0.17  0.0169%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of IIFL Liquid Reg Wk Div and determine expected loss or profit from investing in IIFL Liquid over given investment horizon. Additionally see IIFL Liquid Hype Analysis, IIFL Liquid Correlation, Portfolio Optimization, IIFL Liquid Volatility as well as analyze IIFL Liquid Alpha and Beta and IIFL Liquid Performance.
Horizon     30 Days    Login   to change

IIFL Liquid 'What if' Analysis

December 25, 2018
No Change 0.00  0.0%
In 2 months and 2 days
February 23, 2019
If you would invest  0.00  in IIFL Liquid on December 25, 2018 and sell it all today you would earn a total of 0.00 from holding IIFL Liquid Reg Wk Div or generate 0.0% return on investment in IIFL Liquid over 60 days. IIFL Liquid is related to or competes with ICICI Pru, UTI Liquid, Birla Sun, HSBC Cash, SBI Premier, Reliance Liquid, and Reliance Liquid. To provide liquidity with reasonable returns commensurate with low risk through a portfolio of money market and debt sec...

IIFL Liquid Upside/Downside Indicators

Downside Deviation0.0541
Information Ratio(7.85)
Maximum Drawdown0.146
Value At Risk(0.017002)
Potential Upside0.053

IIFL Liquid Market Premium Indicators

Risk Adjusted Performance0.2646
Jensen Alpha0.0063
Total Risk Alpha3.0E-4
Sortino Ratio(4.33)
Treynor Ratio(0.53)

IIFL Liquid Reg Backtested Returns

We consider IIFL Liquid not too risky. IIFL Liquid Reg holds Efficiency (Sharpe) Ratio of 0.6102 which attests that the entity had 0.6102% of return per unit of return volatility over the last 2 months. Our approach to determining volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty technical indicators for IIFL Liquid Reg which you can use to evaluate future volatility of the entity. Please check out IIFL Liquid Risk Adjusted Performance of 0.2646, Downside Deviation of 0.0541 and Market Risk Adjusted Performance of (0.52) to validate if risk estimate we provide are consistent with the epected return of 0.0158%. The fund retains Market Volatility (i.e. Beta) of -0.0082 which attests that as returns on market increase, returns on owning IIFL Liquid are expected to decrease at a much smaller rate. During bear market, IIFL Liquid is likely to outperform the market. Although it is extremely important to respect IIFL Liquid Reg current price history, it is better to be realistic regarding the information on equity current price movements. The approach to determining future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining IIFL Liquid Reg technical indicators you can today evaluate if the expected return of 0.0158% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.96 
correlation synergy

Excellent predictability

IIFL Liquid Reg Wk Div has excellent predictability. Overlapping area represents the amount of predictability between IIFL Liquid time series from December 25, 2018 to January 24, 2019 and January 24, 2019 to February 23, 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 IIFL Liquid Reg price movement. The serial correlation of 0.96 indicates that 96.0% of current IIFL Liquid price fluctuation can be explain by its past prices.
Correlation Coefficient0.96
Spearman Rank Test0.94
Residual Average0.0
Price Variance1.06

IIFL Liquid Reg lagged returns against current returns

 Current and Lagged Values 

IIFL Liquid regressed lagged prices vs. current prices

 Current vs Lagged Prices 

IIFL Liquid Lagged Returns

 Regressed Prices 

Current Sentiment - F00000QSW0

IIFL Liquid Reg Investor Sentiment

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Additionally see IIFL Liquid Hype Analysis, IIFL Liquid Correlation, Portfolio Optimization, IIFL Liquid Volatility as well as analyze IIFL Liquid Alpha and Beta and IIFL Liquid Performance. Please also try Financial Widgets module to easily integrated macroaxis content with over 30 different plug-and-play financial widgets.
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