TRIO MERCANTILE (India) Backtesting

TRIOMERC -- India Stock  

INR 18.00  1.00  5.88%

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

TRIO MERCANTILE 'What if' Analysis

August 22, 2018
No Change 0.00  0.0%
In 31 days
September 21, 2018
If you would invest  0.00  in TRIO MERCANTILE on August 22, 2018 and sell it all today you would earn a total of 0.00 from holding TRIO MERCANTILE TRADING LTD or generate 0.0% return on investment in TRIO MERCANTILE over 30 days. TRIO MERCANTILE is related to or competes with Tata Consultancy, Tata Consultancy, Reliance Industries, Reliance Industries, HDFC Bank, HDFC Bank, and ITC. Trio Mercantile and Trading Limited engages in trading and investment activities in India

TRIO MERCANTILE Upside/Downside Indicators

Downside Deviation5.62
Information Ratio0.0554
Maximum Drawdown17.47
Value At Risk7.58
Potential Upside9.47

TRIO MERCANTILE Market Premium Indicators

Risk Adjusted Performance0.0394
Jensen Alpha0.1773
Total Risk Alpha0.78
Sortino Ratio0.0479
Treynor Ratio0.1812


Macroaxis considers TRIO MERCANTILE relatively volatile given 1 month investment horizon. TRIO MERCANTILE TRADING owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.1014 which indicates TRIO MERCANTILE TRADING had 0.1014% of return per unit of volatility over the last 1 month. Our approach towards measuring volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By examining TRIO MERCANTILE TRADING technical indicators you can now evaluate if the expected return of 0.5014% is justified by implied risk. Please operate TRIO MERCANTILE Risk Adjusted Performance of 0.0394 and Coefficient Of Variation of 1308.45 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100 TRIO MERCANTILE holds performance score of 6. The entity has beta of 1.9962 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, TRIO MERCANTILE will likely underperform.. Although it is vital to follow to TRIO MERCANTILE TRADING current price movements, it is good to be conservative about what you can actually do with the information regarding equity historical returns. The approach towards measuring 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. We have found twenty-one technical indicators for TRIO MERCANTILE TRADING LTD which you can use to evaluate performance of the company. Please operates TRIO MERCANTILE Coefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to make a quick decision on weather TRIO MERCANTILE TRADING existing price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.67) 

Very good reverse predictability

TRIO MERCANTILE TRADING LTD has very good reverse predictability. Overlapping area represents the amount of predictability between TRIO MERCANTILE time series from August 22, 2018 to September 6, 2018 and September 6, 2018 to September 21, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TRIO MERCANTILE TRADING price movement. The serial correlation of -0.67 indicates that around 67.0% of current TRIO MERCANTILE price fluctuation can be explain by its past prices. Given that TRIO MERCANTILE TRADING LTD has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of TRIO MERCANTILE for similar time interval.
Correlation Coefficient-0.67
Spearman Rank Test-0.48
Residual Average0.0
Price Variance1.6

TRIO MERCANTILE TRADING lagged returns against current returns

 Current and Lagged Values 

TRIO MERCANTILE regressed lagged prices vs. current prices

 Current vs Lagged Prices 


 Regressed Prices 

Current Sentiment - TRIOMERC


Macroaxis portfolio users are evenly split in their outlook on investing in TRIO MERCANTILE TRADING LTD. What is your outlook on investing in TRIO MERCANTILE TRADING LTD? Are you bullish or bearish?
50% Bullish
50% Bearish
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Also please take a look at TRIO MERCANTILE Hype Analysis, TRIO MERCANTILE Correlation, TRIO MERCANTILE Valuation, TRIO MERCANTILE Volatility as well as analyze TRIO MERCANTILE Alpha and Beta and TRIO MERCANTILE Performance. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.