Ucal Fuel (India) Backtesting

UCALFUEL -- India Stock  

INR 211.75  19.00  8.23%

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

Ucal Fuel 'What if' Analysis

August 23, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 22, 2018
0.00
If you would invest  0.00  in Ucal Fuel on August 23, 2018 and sell it all today you would earn a total of 0.00 from holding Ucal Fuel Systems Limited or generate 0.0% return on investment in Ucal Fuel over 30 days. Ucal Fuel is related to or competes with Tata Consultancy, Tata Consultancy, Reliance Industries, Reliance Industries, HDFC Bank, HDFC Bank, and ITC. Ucal Fuel Systems Limited provides fuel management systems for the automotive sector in India

Ucal Fuel Upside/Downside Indicators

Downside Deviation3.96
Information Ratio0.05
Maximum Drawdown10.84
Value At Risk6.74
Potential Upside4.09
  

Ucal Fuel Market Premium Indicators

Risk Adjusted Performance0.0115
Jensen Alpha0.4917
Total Risk Alpha1.09
Sortino Ratio0.039421
Treynor Ratio0.003461

Ucal Fuel Systems Backtested Returns

Macroaxis considers Ucal Fuel to be not too risky. Ucal Fuel Systems owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0514 which indicates Ucal Fuel Systems had -0.0514% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Ucal Fuel Systems Limited exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Ucal Fuel Semi Deviation of 3.73, Coefficient Of Variation of 15078.71 and Risk Adjusted Performance of 0.0115 to confirm risk estimate we provide. Macroaxis gives Ucal Fuel performance score of 0 on a scale of 0 to 100. The entity has beta of -2.8995 which indicates as returns on market increase, returns on owning Ucal Fuel are expected to decrease by larger amounts. On the other hand, during market turmoil, Ucal Fuel is expected to significantly outperform it.. Even though it is essential to pay attention to Ucal Fuel Systems 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. Ucal Fuel Systems Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. Ucal Fuel Systems has expected return of -0.1727%. Please be advised to validate Ucal Fuel Coefficient Of Variation, Maximum Drawdown, Skewness, as well as the relationship between Information Ratio and Downside Variance to decide if Ucal Fuel Systems past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.61) 

Very good reverse predictability

Ucal Fuel Systems Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Ucal Fuel time series from August 23, 2018 to September 7, 2018 and September 7, 2018 to September 22, 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 Ucal Fuel Systems price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Ucal Fuel price fluctuation can be explain by its past prices. Given that Ucal Fuel Systems Limited has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Ucal Fuel for similar time interval.
Correlation Coefficient-0.61
Spearman Rank Test-0.5
Residual Average0.0
Price Variance80.17

Ucal Fuel Systems lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Ucal Fuel regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Ucal Fuel Lagged Returns

 Regressed Prices 
      Timeline 

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Also please take a look at Ucal Fuel Hype Analysis, Ucal Fuel Correlation, Ucal Fuel Valuation, Ucal Fuel Volatility as well as analyze Ucal Fuel Alpha and Beta and Ucal Fuel Performance. Please also try CEO Directory module to screen ceos from public companies around the world.
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