IndusInd Bank (India) Backtesting

INDUSINDBK -- India Stock  

INR 1,698  6.85  0.40%

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

IndusInd Bank 'What if' Analysis

August 27, 2018
0.00
No Change 0.00  0.0%
In 30 days
September 26, 2018
0.00
If you would invest  0.00  in IndusInd Bank on August 27, 2018 and sell it all today you would earn a total of 0.00 from holding IndusInd Bank Limited or generate 0.0% return on investment in IndusInd Bank over 30 days. IndusInd Bank is related to or competes with ICICI Bank, Yes Bank, Federal Bank, City Union, Union Bank, and Vijaya Bank. IndusInd Bank Limited provides various banking products and services to individuals, NRIs, business owners, corporates, ...

IndusInd Bank Upside/Downside Indicators

Information Ratio0.41
Maximum Drawdown6.23
Value At Risk3.65
Potential Upside1.65
  

IndusInd Bank Market Premium Indicators

Risk Adjusted Performance0.16
Jensen Alpha0.59
Total Risk Alpha0.85
Treynor Ratio0.7252

IndusInd Bank Limited Backtested Returns

Macroaxis considers IndusInd Bank to be not too risky. IndusInd Bank Limited holds Efficiency (Sharpe) Ratio of -0.4051 which attests that IndusInd Bank Limited had -0.4051% of return per unit of risk over the last 1 month. 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. IndusInd Bank Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out IndusInd Bank Market Risk Adjusted Performance of 0.7352 and Risk Adjusted Performance of 0.16 to validate risk estimate we provide. Macroaxis gives IndusInd Bank performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of -0.8817 which attests that . Even though it is essential to pay attention to IndusInd Bank 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. IndusInd Bank Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. IndusInd Bank Limited has expected return of -0.714%. Please be advised to check out IndusInd Bank Mean Deviation, Information Ratio as well as the relationship between Information Ratio and Downside Variance to decide if IndusInd Bank Limited past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.47 

Average predictability

IndusInd Bank Limited has average predictability. Overlapping area represents the amount of predictability between IndusInd Bank time series from August 27, 2018 to September 11, 2018 and September 11, 2018 to September 26, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of IndusInd Bank Limited price movement. The serial correlation of 0.47 indicates that about 47.0% of current IndusInd Bank price fluctuation can be explain by its past prices.
Correlation Coefficient0.47
Spearman Rank Test0.27
Residual Average0.0
Price Variance3647.23

IndusInd Bank Limited lagged returns against current returns

 Current and Lagged Values 
      Timeline 

IndusInd Bank regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

IndusInd Bank Lagged Returns

 Regressed Prices 
      Timeline 

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Please also check IndusInd Bank Hype Analysis, IndusInd Bank Correlation, IndusInd Bank Valuation, IndusInd Bank Volatility as well as analyze IndusInd Bank Alpha and Beta and IndusInd Bank Performance. Please also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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