Vimta Labs (India) Backtesting

VIMTALABS -- India Stock  

INR 320.50  1.35  0.42%

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

Vimta Labs 'What if' Analysis

August 21, 2018
0.00
No Change 0.00  0.0%
In 31 days
September 20, 2018
0.00
If you would invest  0.00  in Vimta Labs on August 21, 2018 and sell it all today you would earn a total of 0.00 from holding Vimta Labs Limited or generate 0.0% return on investment in Vimta Labs over 30 days. Vimta Labs is related to or competes with Tata Consultancy, Tata Consultancy, Reliance Industries, Reliance Industries, HDFC Bank, HDFC Bank, and ITC. Vimta Labs Limited provides contract research and testing services in India and internationally

Vimta Labs Upside/Downside Indicators

Downside Deviation1.78
Information Ratio0.2838
Maximum Drawdown15.97
Value At Risk2.36
Potential Upside9.71
  

Vimta Labs Market Premium Indicators

Risk Adjusted Performance0.1321
Jensen Alpha1.02
Total Risk Alpha0.273
Sortino Ratio0.5771
Treynor Ratio0.9794

Vimta Labs Limited Backtested Returns

Vimta Labs is not too risky given 1 month investment horizon. Vimta Labs Limited owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.344 which indicates Vimta Labs Limited had 0.344% of return per unit of risk over the last 1 month. Our philosophy towards measuring risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.2622% are justified by taking the suggested risk. Use Vimta Labs Limited Semi Deviation of 0.6525, Coefficient Of Variation of 320.55 and Risk Adjusted Performance of 0.1321 to evaluate company specific risk that cannot be diversified away. Vimta Labs holds performance score of 22 on a scale of zero to a hundred. The entity has beta of 1.1456 which indicates Vimta Labs returns are very sensitive to returns on the market. as market goes up or down, Vimta Labs is expected to follow.. Although it is vital to follow to Vimta Labs Limited current price movements, it is good to be conservative about what you can actually do with the information regarding equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Vimta Labs Limited expected return of 1.2622 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable. Use Vimta Labs Limited Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to analyze future returns on Vimta Labs Limited.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.74 

Good predictability

Vimta Labs Limited has good predictability. Overlapping area represents the amount of predictability between Vimta Labs time series from August 21, 2018 to September 5, 2018 and September 5, 2018 to September 20, 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 Vimta Labs Limited price movement. The serial correlation of 0.74 indicates that around 74.0% of current Vimta Labs price fluctuation can be explain by its past prices.
Correlation Coefficient0.74
Spearman Rank Test0.73
Residual Average0.0
Price Variance125.2

Vimta Labs Limited lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Vimta Labs regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Vimta Labs Lagged Returns

 Regressed Prices 
      Timeline 

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Also please take a look at Vimta Labs Hype Analysis, Vimta Labs Correlation, Vimta Labs Valuation, Vimta Labs Volatility as well as analyze Vimta Labs Alpha and Beta and Vimta Labs Performance. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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