SUNTECK Backtesting

<div class='circular--portrait' style='background:#FF0F00;color: #FFFFF0;font-size:4em;padding-top: 25px;;'>SR</div>
SUNTECK -- India Stock  

INR 156.55  1.10  0.70%

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

SUNTECK REALTY 'What if' Analysis

0.00
03/01/2020
No Change 0.00  0.0 
In 3 months and 1 day
05/30/2020
0.00
If you would invest  0.00  in SUNTECK REALTY on March 1, 2020 and sell it all today you would earn a total of 0.00 from holding SUNTECK REALTY LTD or generate 0.0% return on investment in SUNTECK REALTY over 90 days. Sunteck Realty Limited, together with its subsidiaries, engages in real estate development business

SUNTECK REALTY Upside/Downside Indicators

Information Ratio(0.29)
Maximum Drawdown23.71
Value At Risk(9.11)
Potential Upside6.05

SUNTECK REALTY Market Premium Indicators

Risk Adjusted Performance(1.19)
Jensen Alpha(1.45)
Total Risk Alpha(1.44)
Treynor Ratio25.76

SUNTECK REALTY LTD Backtested Returns

Macroaxis considers SUNTECK REALTY to be very steady. SUNTECK REALTY LTD owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.2295, which indicates the firm had -0.2295% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy towards measuring 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. SUNTECK REALTY LTD exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate SUNTECK REALTY Coefficient Of Variation of (340.26) and Risk Adjusted Performance of (1.19) to confirm the risk estimate we provide. The entity has a beta of -0.0563, which indicates as returns on market increase, returns on owning SUNTECK REALTY are expected to decrease at a much smaller rate. During bear market, SUNTECK REALTY is likely to outperform the market. Even though it is essential to pay attention to SUNTECK REALTY LTD current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring 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. SUNTECK REALTY LTD exposes twenty-one different technical indicators, which can help you to evaluate its performance. SUNTECK REALTY LTD has an expected return of -1.2337%. Please be advised to validate SUNTECK REALTY Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if SUNTECK REALTY LTD stock performance from the past will be repeated at some future point.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.61 
correlation synergy

Good predictability

SUNTECK REALTY LTD has good predictability. Overlapping area represents the amount of predictability between SUNTECK REALTY time series from 1st of March 2020 to 15th of April 2020 and 15th of April 2020 to 30th 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 SUNTECK REALTY LTD price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current SUNTECK REALTY price fluctuation can be explain by its past prices.
Correlation Coefficient0.61
Spearman Rank Test0.45
Residual Average0.0
Price Variance292.8

SUNTECK REALTY LTD lagged returns against current returns

 Current and Lagged Values 
      Timeline 

SUNTECK REALTY regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

SUNTECK REALTY Lagged Returns

 Regressed Prices 
      Timeline 

Did you try this?

Run Focused Opportunities Now

   

Focused Opportunities

Build portfolios using our predefined set of ideas and optimize them against your investing preferences
All  Next Launch Module

Currently Active Assets on Macroaxis

TMF   
Purchased over 50 shares of
a day ago
Traded for 39.69
TQQQ   
Purchased over 20 shares of
a day ago
Traded for 79.49
TQQQ   
Sold over 20 shares of
a day ago
Traded for 79.49
TMF   
Sold over 90 shares of
a day ago
Traded for 39.69
TQQQ   
Sold over 90 shares of
a day ago
Traded for 79.49
Additionally, take a look at SUNTECK REALTY Hype Analysis, SUNTECK REALTY Correlation, SUNTECK REALTY Valuation, SUNTECK REALTY Volatility as well as analyze SUNTECK REALTY Alpha and Beta and SUNTECK REALTY Performance. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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