KAKATIYA Backtesting

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KAKATCEM -- India Stock  

INR 141.80  0.65  0.46%

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

KAKATIYA CEM 'What if' Analysis

No Change 0.00  0.0 
In 2 months and 31 days
If you would invest  0.00  in KAKATIYA CEM on April 8, 2020 and sell it all today you would earn a total of 0.00 from holding KAKATIYA CEM SUGAR or generate 0.0% return on investment in KAKATIYA CEM over 90 days. Kakatiya Cement Sugar and Industries Limited manufactures and sells Portland cement in India

KAKATIYA CEM Upside/Downside Indicators

Downside Deviation4.2
Information Ratio0.0649
Maximum Drawdown14.98
Value At Risk(5.00)
Potential Upside5.5

KAKATIYA CEM Market Premium Indicators

Risk Adjusted Performance0.2987
Jensen Alpha0.4798
Total Risk Alpha0.0473
Sortino Ratio0.0576
Treynor Ratio5.6

KAKATIYA CEM SUGAR Backtested Returns

KAKATIYA CEM appears to be very steady, given 3 months investment horizon. KAKATIYA CEM SUGAR has Sharpe Ratio of 0.0654, which conveys that the company had 0.0654% of return per unit of volatility over the last 3 months. Our standpoint towards estimating 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-one technical indicators for KAKATIYA CEM, which you can use to evaluate future volatility of the entity. Please exercise KAKATIYA CEM SUGAR mean deviation of 2.85, downside deviation of 4.2, and market risk adjusted performance of 5.61 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, KAKATIYA CEM holds a performance score of 4. The firm secures a Beta (Market Risk) of 0.0899, which conveys not very significant fluctuations relative to the market. Let's try to break down what KAKATIYA's beta means in this case. As returns on the market increase, KAKATIYA CEM returns are expected to increase less than the market. However, during the bear market, the loss on holding KAKATIYA CEM will be expected to be smaller as well. Although it is extremely important to respect KAKATIYA CEM SUGAR price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating 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 KAKATIYA CEM SUGAR technical indicators, you can right now evaluate if the expected return of 0.24% will be sustainable into the future. Please exercises KAKATIYA CEM SUGAR coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to make a quick decision on whether KAKATIYA CEM SUGAR current price movements will revert.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation(0.34) 
correlation synergy

Poor reverse predictability

KAKATIYA CEM SUGAR has poor reverse predictability. Overlapping area represents the amount of predictability between KAKATIYA CEM time series from 8th of April 2020 to 23rd of May 2020 and 23rd of May 2020 to 7th 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 KAKATIYA CEM SUGAR price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current KAKATIYA CEM price fluctuation can be explain by its past prices. Given that KAKATIYA CEM SUGAR has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of KAKATIYA CEM for similar time interval.
Correlation Coefficient-0.34
Spearman Rank Test0.3
Residual Average0.0
Price Variance27.42

KAKATIYA CEM SUGAR lagged returns against current returns

 Current and Lagged Values 

KAKATIYA CEM regressed lagged prices vs. current prices

 Current vs Lagged Prices 

KAKATIYA CEM Lagged Returns

 Regressed Prices 

Current Sentiment - KAKATCEM

KAKATIYA CEM SUGAR Investor Sentiment

Most of Macroaxis users are now bullish on KAKATIYA CEM SUGAR. What is your trading attitude regarding investing in KAKATIYA CEM SUGAR? Are you bullish or bearish?
98% Bullish
2% Bearish

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Please see KAKATIYA CEM Hype Analysis, KAKATIYA CEM Correlation, KAKATIYA CEM Valuation, KAKATIYA CEM Volatility as well as analyze KAKATIYA CEM Alpha and Beta and KAKATIYA CEM 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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