Broadridge Financial Backtesting

BR -- USA Stock  

USD 112.79  1.21  1.06%

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

Broadridge Financial 'What if' Analysis

February 20, 2019
No Change 0.00  0.0%
In 2 months and 2 days
April 21, 2019
If you would invest  0.00  in Broadridge Financial on February 20, 2019 and sell it all today you would earn a total of 0.00 from holding Broadridge Financial Solutions or generate 0.0% return on investment in Broadridge Financial over 60 days. Broadridge Financial is related to or competes with Genpact, Visa, Bazaarvoice, Verisk Analytics, Euronet Worldwide, and ExlService Holdings. Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial ...

Broadridge Financial Upside/Downside Indicators

Downside Deviation2.06
Information Ratio0.0553
Maximum Drawdown6.42
Value At Risk(1.96)
Potential Upside1.9

Broadridge Financial Market Premium Indicators

Risk Adjusted Performance0.095
Jensen Alpha0.1221
Total Risk Alpha(0.07)
Sortino Ratio0.0394
Treynor Ratio0.3044

Broadridge Financial Backtested Returns

Macroaxis considers Broadridge Financial very steady given 2 months investment horizon. Broadridge Financial secures Sharpe Ratio (or Efficiency) of 0.3009 which signifies that the organization had 0.3009% of return per unit of risk over the last 2 months. Our philosophy towards foreseeing 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-one technical indicators for Broadridge Financial Solutions which you can use to evaluate future volatility of the firm. Please makes use of Broadridge Financial Downside Deviation of 2.06, Risk Adjusted Performance of 0.095 and Mean Deviation of 0.9441 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Broadridge Financial holds performance score of 20. The firm shows Beta (market volatility) of 0.6418 which signifies that as returns on market increase, Broadridge Financial returns are expected to increase less than the market. However during bear market, the loss on holding Broadridge Financial will be expected to be smaller as well. Although it is vital to follow to Broadridge Financial historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards foreseeing 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 analyzing Broadridge Financial technical indicators you can presently evaluate if the expected return of 0.3365% will be sustainable into the future. Please makes use of Broadridge Financial Jensen Alpha as well as the relationship between Potential Upside and Skewness to make a quick decision on weather Broadridge Financial price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.37 
correlation synergy

Below average predictability

Broadridge Financial Solutions has below average predictability. Overlapping area represents the amount of predictability between Broadridge Financial time series from February 20, 2019 to March 22, 2019 and March 22, 2019 to April 21, 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 Broadridge Financial price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Broadridge Financial price fluctuation can be explain by its past prices.
Correlation Coefficient0.37
Spearman Rank Test0.3
Residual Average0.0
Price Variance19.83

Broadridge Financial lagged returns against current returns

 Current and Lagged Values 

Broadridge Financial regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Broadridge Financial Lagged Returns

 Regressed Prices 

Current Sentiment - BR

Broadridge Financial Investor Sentiment

Larger part of Macroaxis users are currently bullish on Broadridge Financial Solutions. What is your opinion about investing in Broadridge Financial Solutions? Are you bullish or bearish?
98% Bullish
2% Bearish

Broadridge Financial Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Broadridge Financial and Genpact Limited. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Check also Broadridge Financial Hype Analysis, Broadridge Financial Correlation, Broadridge Financial Valuation, Broadridge Financial Volatility as well as analyze Broadridge Financial Alpha and Beta and Broadridge Financial Performance. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.