Genpact Backtesting

G -- USA Stock  

Fiscal Quarter End: December 31, 2019  

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

Genpact 'What if' Analysis

August 20, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
November 18, 2019
0.00
If you would invest  0.00  in Genpact on August 20, 2019 and sell it all today you would earn a total of 0.00 from holding Genpact Limited or generate 0.0% return on investment in Genpact over 90 days. Genpact is related to or competes with Broadridge Financial, Gartner, Digimarc, EPAM Systems, ExlService Holdings, and Accenture Plc. Genpact Limited provides business process outsourcing and information technology services North and Latin America, India...

Genpact Upside/Downside Indicators

Downside Deviation1.58
Information Ratio(0.1)
Maximum Drawdown5.16
Value At Risk(2.45)
Potential Upside1.46

Genpact Market Premium Indicators

Risk Adjusted Performance0.0197
Jensen Alpha(0.09)
Total Risk Alpha(0.20)
Sortino Ratio(0.07)
Treynor Ratio0.0198

Genpact Limited Backtested Returns

Macroaxis considers Genpact to be very steady. Genpact Limited holds Efficiency (Sharpe) Ratio of -0.0061 which attests that the entity had -0.0061% of return per unit of risk over the last 3 months. Macroaxis philosophy towards determining 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. Genpact Limited exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Genpact Market Risk Adjusted Performance of 0.0298, Risk Adjusted Performance of 0.0197 and Downside Deviation of 1.58 to validate risk estimate we provide. The company retains Market Volatility (i.e. Beta) of 0.8038 which attests that as returns on market increase, Genpact returns are expected to increase less than the market. However during bear market, the loss on holding Genpact will be expected to be smaller as well. Even though it is essential to pay attention to Genpact Limited current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining 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. Genpact Limited exposes twenty-eight different technical indicators which can help you to evaluate its performance. Genpact Limited has expected return of -0.0073%. Please be advised to check out Genpact Downside Variance, Daily Balance Of Power and the relationship between Maximum Drawdown and Skewness to decide if Genpact Limited past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.68) 
correlation synergy

Very good reverse predictability

Genpact Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Genpact time series from August 20, 2019 to October 4, 2019 and October 4, 2019 to November 18, 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 Genpact Limited price movement. The serial correlation of -0.68 indicates that around 68.0% of current Genpact price fluctuation can be explain by its past prices. Given that Genpact Limited has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Genpact for similar time interval.
Correlation Coefficient-0.68
Spearman Rank Test-0.71
Residual Average0.0
Price Variance0.83

Genpact Limited lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Genpact regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Genpact Lagged Returns

 Regressed Prices 
      Timeline 

Did you try this?

Run Instant Ratings Now

   

Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please also check Genpact Hype Analysis, Genpact Correlation, Genpact Valuation, Genpact Volatility as well as analyze Genpact Alpha and Beta and Genpact Performance. Please also try Premium Stories module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Search macroaxis.com