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OROSIL SMITHS (India) Backtesting

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OROSMITHS -- India Stock  

INR 3.20  0.00  0.00%

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

OROSIL SMITHS 'What if' Analysis

November 21, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
February 19, 2020
0.00
If you would invest  0.00  in OROSIL SMITHS on November 21, 2019 and sell it all today you would earn a total of 0.00 from holding OROSIL SMITHS INDIA LTD or generate 0.0% return on investment in OROSIL SMITHS over 90 days. Orosil Smiths India Limited engages in manufacturing, designing, and online trading silver and gold jewelry in India

OROSIL SMITHS Upside/Downside Indicators

Information Ratio(0.26)
Maximum Drawdown4.78

OROSIL SMITHS Market Premium Indicators

Risk Adjusted Performance(0.11)
Jensen Alpha(0.11)
Total Risk Alpha(0.18)
Treynor Ratio(4.85)

OROSIL SMITHS INDIA Backtested Returns

Macroaxis considers OROSIL SMITHS to be moderately volatile. OROSIL SMITHS INDIA maintains Sharpe Ratio (i.e. Efficiency) of -0.1645 which implies the corporation had -0.1645% of return per unit of volatility over the last 3 months. Macroaxis way in which we are forecasting 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. OROSIL SMITHS INDIA exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check OROSIL SMITHS INDIA Risk Adjusted Performance of (0.11) to confirm risk estimate we provide. The organization holds Beta of 0.0225 which implies as returns on market increase, OROSIL SMITHS returns are expected to increase less than the market. However during bear market, the loss on holding OROSIL SMITHS will be expected to be smaller as well. Even though it is essential to pay attention to OROSIL SMITHS INDIA current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis way in which we are forecasting 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. OROSIL SMITHS INDIA exposes twenty-one different technical indicators which can help you to evaluate its performance. OROSIL SMITHS INDIA has expected return of -0.1395%. Please be advised to check OROSIL SMITHS INDIA Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if OROSIL SMITHS INDIA past performance will be repeated at some future point.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 
correlation synergy

No correlation between past and present

OROSIL SMITHS INDIA LTD has no correlation between past and present. Overlapping area represents the amount of predictability between OROSIL SMITHS time series from November 21, 2019 to January 5, 2020 and January 5, 2020 to February 19, 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 OROSIL SMITHS INDIA price movement. The serial correlation of 0.0 indicates that just 0.0% of current OROSIL SMITHS price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test-0.43
Residual Average0.0
Price Variance0.01

OROSIL SMITHS INDIA lagged returns against current returns

 Current and Lagged Values 
    
  Timeline 

OROSIL SMITHS regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
  Timeline 

OROSIL SMITHS Lagged Returns

 Regressed Prices 
    
  Timeline 

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Please check OROSIL SMITHS Hype Analysis, OROSIL SMITHS Correlation, OROSIL SMITHS Valuation, OROSIL SMITHS Volatility as well as analyze OROSIL SMITHS Alpha and Beta and OROSIL SMITHS Performance. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.