Seamec (India) Backtesting

SEAMECLTD -- India Stock  

INR 318.00  6.15  1.90%

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

Seamec 'What if' Analysis

December 19, 2018
0.00
No Change 0.00  0.0%
In 2 months and 1 day
February 17, 2019
0.00
If you would invest  0.00  in Seamec on December 19, 2018 and sell it all today you would earn a total of 0.00 from holding Seamec Limited or generate 0.0% return on investment in Seamec over 60 days. Seamec is related to or competes with Adani Ports, Great Eastern, Great Eastern, Gujarat Pipavav, Forbes Company, Shipping, and Shipping. Seamec Limited owns and operates multi support vessels for providing support services to offshore oilfields in India and...

Seamec Upside/Downside Indicators

Downside Deviation1.68
Information Ratio0.3174
Maximum Drawdown16.27
Value At Risk(1.98)
Potential Upside7.58
  

Seamec Market Premium Indicators

Risk Adjusted Performance0.6216
Jensen Alpha1.02
Total Risk Alpha0.9125
Sortino Ratio0.5713
Treynor Ratio5.26

Seamec Limited Backtested Returns

Seamec is not too risky given 2 months investment horizon. Seamec Limited owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.3941 which indicates the firm had 0.3941% of return per unit of risk over the last 2 months. Our philosophy towards measuring risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.2921% are justified by taking the suggested risk. Use Seamec Limited Semi Deviation of 0.5691, Risk Adjusted Performance of 0.6216 and Coefficient Of Variation of 290.48 to evaluate company specific risk that cannot be diversified away. Seamec holds performance score of 26 on a scale of zero to a hundred. The entity has beta of 0.1963 which indicates as returns on market increase, Seamec returns are expected to increase less than the market. However during bear market, the loss on holding Seamec will be expected to be smaller as well. Although it is vital to follow to Seamec Limited current price movements, it is good to be conservative about what you can actually do with the information regarding equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Seamec Limited expected return of 1.2921 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 Seamec Limited Coefficient Of Variation, Maximum Drawdown, Skewness, as well as the relationship between Information Ratio and Downside Variance to analyze future returns on Seamec Limited.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.83 
correlation synergy

Very good predictability

Seamec Limited has very good predictability. Overlapping area represents the amount of predictability between Seamec time series from December 19, 2018 to January 18, 2019 and January 18, 2019 to February 17, 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 Seamec Limited price movement. The serial correlation of 0.83 indicates that around 83.0% of current Seamec price fluctuation can be explain by its past prices.
Correlation Coefficient0.83
Spearman Rank Test0.65
Residual Average0.0
Price Variance291.84

Seamec Limited lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Seamec regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Seamec Lagged Returns

 Regressed Prices 
      Timeline 

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Also please take a look at Seamec Hype Analysis, Seamec Correlation, Seamec Valuation, Seamec Volatility as well as analyze Seamec Alpha and Beta and Seamec Performance. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.
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