SUNTECK Backtesting

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SUNTECK -- India Stock  

INR 189.05  5.05  2.74%

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
04/03/2020
No Change 0.00  0.0 
In 3 months and 1 day
07/02/2020
0.00
If you would invest  0.00  in SUNTECK REALTY on April 3, 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(0.20)
Maximum Drawdown20.95
Value At Risk(9.11)
Potential Upside6.68

SUNTECK REALTY Market Premium Indicators

Risk Adjusted Performance(0.30)
Jensen Alpha(0.79)
Total Risk Alpha(1.56)
Treynor Ratio(17.47)

SUNTECK REALTY LTD Backtested Returns

SUNTECK REALTY LTD owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0091, which indicates the firm had -0.0091% 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 (692.78), and risk adjusted performance of (0.30) to confirm the risk estimate we provide. The entity has a beta of 0.0444, which indicates not very significant volatility relative to the market. Let's try to break down what SUNTECK's beta means in this case. As returns on the market increase, SUNTECK REALTY returns are expected to increase less than the market. However, during the bear market, the loss on holding SUNTECK REALTY will be expected to be smaller as well. 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 -0.0356%. Please be advised to validate SUNTECK REALTY variance, value at risk, as well as the relationship between the 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(0.68) 
correlation synergy

Very good reverse predictability

SUNTECK REALTY LTD has very good reverse predictability. Overlapping area represents the amount of predictability between SUNTECK REALTY time series from 3rd of April 2020 to 18th of May 2020 and 18th of May 2020 to 2nd of July 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 -0.68 indicates that around 68.0% of current SUNTECK REALTY price fluctuation can be explain by its past prices. Given that SUNTECK REALTY LTD has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of SUNTECK REALTY for similar time interval.
Correlation Coefficient-0.68
Spearman Rank Test-0.78
Residual Average0.0
Price Variance79.74

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 

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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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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