Raymond James Backtesting

RJF -- USA Stock  

Fiscal Quarter End: December 31, 2019  

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Raymond James Financial and determine expected loss or profit from investing in Raymond James over given investment horizon. Additionally take a look at Raymond James Hype Analysis, Raymond James Correlation, Raymond James Valuation, Raymond James Volatility as well as analyze Raymond James Alpha and Beta and Raymond James Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Raymond James 'What if' Analysis

August 16, 2019
0.00
No Change 0.00  0.0 
In 3 months and 1 day
November 14, 2019
0.00
If you would invest  0.00  in Raymond James on August 16, 2019 and sell it all today you would earn a total of 0.00 from holding Raymond James Financial or generate 0.0% return on investment in Raymond James over 90 days. Raymond James is related to or competes with Western Union, Synchrony Financial, SLM Corp, Stifel Financial, State Street, and PNC Financial. Raymond James Financial, Inc., through its subsidiaries, engages in the underwriting, distribution, trading, and brokera...

Raymond James Upside/Downside Indicators

Downside Deviation1.73
Information Ratio0.1022
Maximum Drawdown6.42
Value At Risk(2.16)
Potential Upside2.46

Raymond James Market Premium Indicators

Risk Adjusted Performance0.138
Jensen Alpha0.1185
Total Risk Alpha0.0903
Sortino Ratio0.0882
Treynor Ratio0.1604

Raymond James Financial Backtested Returns

Macroaxis considers Raymond James very steady given 3 months investment horizon. Raymond James Financial maintains Sharpe Ratio (i.e. Efficiency) of 0.1799 which implies the corporation had 0.1799% of return per unit of risk over the last 3 months. Our philosophy towards forecasting 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-eight technical indicators for Raymond James Financial which you can use to evaluate future volatility of the company. Please employ Raymond James Financial Semi Deviation of 1.48, Risk Adjusted Performance of 0.138 and Coefficient Of Variation of 620.91 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Raymond James holds performance score of 12. The organization holds Beta of 1.4339 which implies as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Raymond James will likely underperform. Although it is vital to follow to Raymond James Financial current trending patterns, it is good to be conservative about what you can actually do with the information regarding equity existing price patterns. The philosophy towards forecasting 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 analyzing Raymond James Financial technical indicators you can presently evaluate if the expected return of 0.2526% will be sustainable into the future. Please employ Raymond James Financial Semi Variance as well as the relationship between Accumulation Distribution and Day Typical Price to make a quick decision on weather Raymond James historical price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.76 
correlation synergy

Good predictability

Raymond James Financial has good predictability. Overlapping area represents the amount of predictability between Raymond James time series from August 16, 2019 to September 30, 2019 and September 30, 2019 to November 14, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Raymond James Financial price movement. The serial correlation of 0.76 indicates that around 76.0% of current Raymond James price fluctuation can be explain by its past prices.
Correlation Coefficient0.76
Spearman Rank Test0.78
Residual Average0.0
Price Variance13.59

Raymond James Financial lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Raymond James regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Raymond James Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - RJF

Raymond James Financial Investor Sentiment

Greater number of Macroaxis users are at this time bullish on Raymond James Financial. What is your perspective on investing in Raymond James Financial? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Additionally take a look at Raymond James Hype Analysis, Raymond James Correlation, Raymond James Valuation, Raymond James Volatility as well as analyze Raymond James Alpha and Beta and Raymond James Performance. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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