Raymond James Backtesting

RJF -- USA Stock  

USD 84.46  1.40  1.63%

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

Raymond James 'What if' Analysis

June 21, 2019
No Change 0.00  0.0%
In 3 months and 1 day
September 19, 2019
If you would invest  0.00  in Raymond James on June 21, 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 Stifel Financial, Western Union, Wins Finance, PNC Financial, SLM Corp, and State Street. Raymond James Financial, Inc., through its subsidiaries, engages in the underwriting, distribution, trading, and brokera...

Raymond James Upside/Downside Indicators

Downside Deviation2.09
Information Ratio0.0107
Maximum Drawdown7.03
Value At Risk(3.49)
Potential Upside2.46

Raymond James Market Premium Indicators

Risk Adjusted Performance0.0344
Jensen Alpha0.0081
Total Risk Alpha(0.010382)
Sortino Ratio0.0091
Treynor Ratio0.0355

Raymond James Financial Backtested Returns

We consider Raymond James very steady. Raymond James Financial maintains Sharpe Ratio (i.e. Efficiency) of 0.0348 which implies the corporation had 0.0348% 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-six technical indicators for Raymond James Financial which you can use to evaluate future volatility of the company. Please check Raymond James Financial Risk Adjusted Performance of 0.0344, Semi Deviation of 2.0 and Coefficient Of Variation of 3045.16 to confirm if risk estimate we provide are consistent with the epected return of 0.0622%. Raymond James has performance score of 2 on a scale of 0 to 100. The organization holds Beta of 1.3686 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 extremely important to respect Raymond James Financial current trending patterns, it is better to be realistic regarding the information on 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 0.0622% will be sustainable into the future. Raymond James Financial right now holds a risk of 1.7903%. Please check Raymond James Financial Semi Variance as well as the relationship between Daily Balance Of Power and Price Action Indicator to decide if Raymond James Financial will be following its historical price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.62) 
correlation synergy

Very good reverse predictability

Raymond James Financial has very good reverse predictability. Overlapping area represents the amount of predictability between Raymond James time series from June 21, 2019 to August 5, 2019 and August 5, 2019 to September 19, 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 -0.62 indicates that roughly 62.0% of current Raymond James price fluctuation can be explain by its past prices. Given that Raymond James Financial has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Raymond James for similar time interval.
Correlation Coefficient-0.62
Spearman Rank Test-0.1
Residual Average0.0
Price Variance16.77

Raymond James Financial lagged returns against current returns

 Current and Lagged Values 

Raymond James regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Raymond James Lagged Returns

 Regressed Prices 

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?
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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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