Visa Backtesting

V -- USA Stock  

Fiscal Quarter End: December 31, 2019  

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

September 13, 2019
No Change 0.00  0.0 
In 3 months and 1 day
December 12, 2019
If you would invest  0.00  in Visa on September 13, 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 BrightView Holdings, Verisk Analytics, 58 Com, Emerald Expositions, Fiverr International, and R R. Visa Inc. operates as a payments technology company worldwide

Visa Upside/Downside Indicators

Downside Deviation1.16
Information Ratio(0.003816)
Maximum Drawdown4.96
Value At Risk(1.44)
Potential Upside1.73

Visa Market Premium Indicators

Risk Adjusted Performance0.0351
Jensen Alpha0.0074
Total Risk Alpha(0.037999)
Sortino Ratio(0.003436)
Treynor Ratio0.0569

Visa Backtested Returns

We consider Visa very steady. Visa owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0544 which indicates the firm had 0.0544% 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-eight technical indicators for Visa which you can use to evaluate future volatility of the company. Please validate Visa Risk Adjusted Performance of 0.0351, Coefficient Of Variation of 1957.74 and Semi Deviation of 1.05 to confirm if risk estimate we provide are consistent with the epected return of 0.0563%. Visa has performance score of 3 on a scale of 0 to 100. The entity has beta of 0.7593 which indicates as returns on market increase, Visa returns are expected to increase less than the market. However during bear market, the loss on holding Visa will be expected to be smaller as well. 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 0.0563% will be sustainable into the future. Visa right now has a risk of 1.03%. Please validate Visa Value At Risk, Kurtosis, Market Facilitation Index, as well as the relationship between Semi Variance and Rate Of Daily Change to decide if Visa will be following its existing price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.29 
correlation synergy

Poor predictability

Visa has poor predictability. Overlapping area represents the amount of predictability between Visa time series from September 13, 2019 to October 28, 2019 and October 28, 2019 to December 12, 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 0.29 indicates that nearly 29.0% of current Visa price fluctuation can be explain by its past prices.
Correlation Coefficient0.29
Spearman Rank Test0.28
Residual Average0.0
Price Variance3.77

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 

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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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.