OROSIL Backtesting

<div class='circular--portrait' style='background:#000000;color: #f2f2f2;font-size:4em;padding-top: 25px;;'>OS</div>
OROSMITHS -- India Stock  

INR 2.00  0.10  4.76%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of OROSIL SMITHS INDIA 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.
Symbol
Backtest

OROSIL SMITHS 'What if' Analysis

0.00
03/06/2020
No Change 0.00  0.0 
In 3 months and 1 day
06/04/2020
0.00
If you would invest  0.00  in OROSIL SMITHS on March 6, 2020 and sell it all today you would earn a total of 0.00 from holding OROSIL SMITHS INDIA 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(0.29)
Maximum Drawdown16.55
Value At Risk(4.78)
Potential Upside4.52

OROSIL SMITHS Market Premium Indicators

Risk Adjusted Performance(1.03)
Jensen Alpha(0.75)
Total Risk Alpha(0.81)
Treynor Ratio(23.60)

OROSIL SMITHS INDIA Backtested Returns

Macroaxis considers OROSIL SMITHS to be risky. OROSIL SMITHS INDIA maintains Sharpe Ratio (i.e. Efficiency) of -0.1187, which implies the corporation had -0.1187% of return per unit of volatility over the last 3 months. Macroaxis way in which we are forecasting the risk of any stock is to look at both systematic and unsystematic 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 (1.03) to confirm the risk estimate we provide. The organization holds a Beta of 0.0316, 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 an expected return of -0.2579%. 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 stock performance from the past will be repeated at some future point.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.71 
correlation synergy

Good predictability

OROSIL SMITHS INDIA has good predictability. Overlapping area represents the amount of predictability between OROSIL SMITHS time series from 6th of March 2020 to 20th of April 2020 and 20th of April 2020 to 4th of June 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 0.71 indicates that around 71.0% of current OROSIL SMITHS price fluctuation can be explain by its past prices.
Correlation Coefficient0.71
Spearman Rank Test0.63
Residual Average0.0
Price Variance0.0

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 

Did you try this?

Run Portfolio File Import Now

   

Portfolio File Import

Quickly import all of your third-party portfolios from your local drive in csv format
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 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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