Visa Backtesting

V -- USA Stock  

USD 176.56  0.71  0.40%

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

Visa 'What if' Analysis

June 17, 2019
No Change 0.00  0.0%
In 3 months and 1 day
September 15, 2019
If you would invest  0.00  in Visa on June 17, 2019 and sell it all today you would earn a total of 0.00 from holding Visa or generate 0.0% return on investment in Visa over 90 days. Visa is related to or competes with Genpact, Broadridge Financial, BrightView Holdings, Verisk Analytics, Euronet Worldwide, and ExlService Holdings. Visa Inc. operates as a payments technology company worldwide

Visa Upside/Downside Indicators

Downside Deviation1.63
Information Ratio0.0082
Maximum Drawdown6.61
Value At Risk(2.70)
Potential Upside1.79

Visa Market Premium Indicators

Risk Adjusted Performance0.0376
Jensen Alpha0.0076
Total Risk Alpha(0.003146)
Sortino Ratio0.0065
Treynor Ratio0.0366

Visa Backtested Returns

We consider Visa very steady. Visa owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0569 which indicates the firm had 0.0569% of return per unit of risk over the last 3 months. Our philosophy towards measuring volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for Visa which you can use to evaluate future volatility of the company. Please validate Visa Risk Adjusted Performance of 0.0376, Coefficient Of Variation of 2591.86 and Semi Deviation of 1.4 to confirm if risk estimate we provide are consistent with the epected return of 0.0767%. Visa has performance score of 3 on a scale of 0 to 100. The entity has beta of 1.1033 which indicates Visa returns are very sensitive to returns on the market. as market goes up or down, Visa is expected to follow. Although it is extremely important to respect Visa current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy 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. By inspecting Visa technical indicators you can presently evaluate if the expected return of 0.0767% will be sustainable into the future. Visa right now has a risk of 1.3479%. Please validate Visa Semi Variance, and the relationship between Value At Risk and Kurtosis to decide if Visa will be following its existing price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.40 
correlation synergy

Average predictability

Visa has average predictability. Overlapping area represents the amount of predictability between Visa time series from June 17, 2019 to August 1, 2019 and August 1, 2019 to September 15, 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 Visa price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Visa price fluctuation can be explain by its past prices.
Correlation Coefficient0.4
Spearman Rank Test0.22
Residual Average0.0
Price Variance11.47

Visa lagged returns against current returns

 Current and Lagged Values 

Visa regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Visa Lagged Returns

 Regressed Prices 

Current Sentiment - V

Visa Investor Sentiment

Most of Macroaxis users are at this time bullish on Visa. What is your outlook on investing in Visa? Are you bullish or bearish?
98% Bullish
2% Bearish

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Also please take a look at Visa Hype Analysis, Visa Correlation, Visa Valuation, Visa Volatility as well as analyze Visa Alpha and Beta and Visa Performance. Please also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.