RBLBANK Backtesting

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RBLBANK -- India Stock  

INR 120.15  3.60  3.09%

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

RBL Bank 'What if' Analysis

0.00
03/02/2020
No Change 0.00  0.0 
In 3 months and 1 day
05/31/2020
0.00
If you would invest  0.00  in RBL Bank on March 2, 2020 and sell it all today you would earn a total of 0.00 from holding RBL Bank Limited or generate 0.0% return on investment in RBL Bank over 90 days. RBL Bank Limited operates as a scheduled commercial bank in India

RBL Bank Upside/Downside Indicators

Downside Deviation18.78
Information Ratio0.0731
Maximum Drawdown492.06
Value At Risk(15.56)
Potential Upside9.45

RBL Bank Market Premium Indicators

Risk Adjusted Performance0.3034
Jensen Alpha3.82
Total Risk Alpha3.94
Sortino Ratio0.2043
Treynor Ratio(3.95)

RBL Bank Limited Backtested Returns

RBL Bank is out of control given 3 months investment horizon. RBL Bank Limited maintains Sharpe Ratio (i.e. Efficiency) of 0.1118, which implies the company had 0.1118% of return per unit of volatility over the last 3 months. Our way of forecasting the volatility of a stock is to use RBL Bank Limited market data together with company specific technical indicators. We found twenty-one different technical indicators, which can help you to evaluate if expected returns of 7.24% are justified by taking the suggested risk. Use RBL Bank Market Risk Adjusted Performance of (3.94) and Coefficient Of Variation of 1367.82 to evaluate company specific risk that cannot be diversified away. RBL Bank holds performance score of 7 on a scale of zero to a hundred. The corporation holds a Beta of -0.969, which implies Although it is essential to pay attention to RBL Bank Limited current trending patterns, it is also good to be reasonable about what you can actually do with equity existing price patterns. Macroaxis way of forecasting future performance of any stock is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if RBL Bank Limited expected return of 7.24 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable. Use RBL Bank Value At Risk, Expected Short fall and the relationship between Treynor Ratio and Downside Variance to analyze future returns on RBL Bank.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.01 
correlation synergy

Virtually no predictability

RBL Bank Limited has virtually no predictability. Overlapping area represents the amount of predictability between RBL Bank time series from 2nd of March 2020 to 16th of April 2020 and 16th of April 2020 to 31st of May 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 RBL Bank Limited price movement. The serial correlation of 0.01 indicates that just 1.0% of current RBL Bank price fluctuation can be explain by its past prices.
Correlation Coefficient0.01
Spearman Rank Test0.11
Residual Average0.0
Price Variance95.53

RBL Bank Limited lagged returns against current returns

 Current and Lagged Values 
      Timeline 

RBL Bank regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

RBL Bank Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - RBLBANK

RBL Bank Limited Investor Sentiment

Macroaxis portfolio users are evenly split in their perspective on investing in RBL Bank Limited. What is your perspective on investing in RBL Bank Limited? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
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Additionally, take a look at RBL Bank Hype Analysis, RBL Bank Correlation, RBL Bank Valuation, RBL Bank Volatility as well as analyze RBL Bank Alpha and Beta and RBL Bank Performance. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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