INDIABULLS Backtesting

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IBVENTURES -- India Stock  

INR 118.85  1.05  0.88%

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

INDIABULLS VENTURE 'What if' Analysis

0.00
04/06/2020
No Change 0.00  0.0 
In 2 months and 31 days
07/05/2020
0.00
If you would invest  0.00  in INDIABULLS VENTURE on April 6, 2020 and sell it all today you would earn a total of 0.00 from holding INDIABULLS VENTURE or generate 0.0% return on investment in INDIABULLS VENTURE over 90 days. Indiabulls Ventures Limited provides securities, commodities, and derivatives broking services in India

INDIABULLS VENTURE Upside/Downside Indicators

Information Ratio(0.13)
Maximum Drawdown13.89
Value At Risk(7.49)
Potential Upside5.06

INDIABULLS VENTURE Market Premium Indicators

Risk Adjusted Performance(0.14)
Jensen Alpha(0.34)
Total Risk Alpha(0.87)
Treynor Ratio3.55

INDIABULLS VENTURE Backtested Returns

INDIABULLS VENTURE appears to be very steady, given 3 months investment horizon. INDIABULLS VENTURE holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had 0.1% of return per unit of return volatility over the last 3 months. Our approach to determining the 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-eight technical indicators for INDIABULLS VENTURE, which you can use to evaluate future volatility of the firm. Please utilize INDIABULLS VENTURE market risk adjusted performance of 3.56, and risk adjusted performance of (0.14) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, INDIABULLS VENTURE holds a performance score of 6. The company retains a Market Volatility (i.e. Beta) of -0.1033, which attests to not very significant volatility relative to the market. Let's try to break down what INDIABULLS's beta means in this case. As returns on the market increase, returns on owning INDIABULLS VENTURE are expected to decrease at a much lower rate. During the bear market, INDIABULLS VENTURE is likely to outperform the market. Although it is vital to follow to INDIABULLS VENTURE current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. The approach to determining 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 examining INDIABULLS VENTURE technical indicators, you can today evaluate if the expected return of 0.43% will be sustainable into the future. Please utilizes INDIABULLS VENTURE value at risk, and the relationship between the jensen alpha and skewness to make a quick decision on whether INDIABULLS VENTURE current trending patterns will revert.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation(0.82) 
correlation synergy

Excellent reverse predictability

INDIABULLS VENTURE has excellent reverse predictability. Overlapping area represents the amount of predictability between INDIABULLS VENTURE time series from 6th of April 2020 to 21st of May 2020 and 21st of May 2020 to 5th of July 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 INDIABULLS VENTURE price movement. The serial correlation of -0.82 indicates that around 82.0% of current INDIABULLS VENTURE price fluctuation can be explain by its past prices. Given that INDIABULLS VENTURE has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of INDIABULLS VENTURE for similar time interval.
Correlation Coefficient-0.82
Spearman Rank Test-0.35
Residual Average0.0
Price Variance219.84

INDIABULLS VENTURE lagged returns against current returns

 Current and Lagged Values 
      Timeline 

INDIABULLS VENTURE regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

INDIABULLS VENTURE Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - IBVENTURES

INDIABULLS VENTURE Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in INDIABULLS VENTURE. What is your judgment towards investing in INDIABULLS VENTURE? Are you bullish or bearish?
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Please see INDIABULLS VENTURE Hype Analysis, INDIABULLS VENTURE Correlation, INDIABULLS VENTURE Valuation, INDIABULLS VENTURE Volatility as well as analyze INDIABULLS VENTURE Alpha and Beta and INDIABULLS VENTURE Performance. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page