Broadridge Financial Backtesting

BR -- USA Stock  

USD 130.04  0.34  0.26%

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

April 19, 2019
No Change 0.00  0.0%
In 2 months and 2 days
June 18, 2019
If you would invest  0.00  in Broadridge Financial on April 19, 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 Visa, Verisk Analytics, ExlService Holdings, and Exponent. Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial ...

Broadridge Financial Upside/Downside Indicators

Downside Deviation0.9815
Maximum Drawdown4.07
Value At Risk(1.40)
Potential Upside2.1

Broadridge Financial Market Premium Indicators

Risk Adjusted Performance0.01

Broadridge Financial Backtested Returns

Macroaxis considers Broadridge Financial very steady given 2 months investment horizon. Broadridge Financial secures Sharpe Ratio (or Efficiency) of 0.3222 which signifies that the organization had 0.3222% 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 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 0.9815, Risk Adjusted Performance of 0.01 and Mean Deviation of 0.8032 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 21. The firm shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Broadridge Financial are completely uncorrelated. 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 0.3401% will be sustainable into the future. Please makes use of Broadridge Financial Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to make a quick decision on weather Broadridge Financial price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.54 
correlation synergy

Modest predictability

Broadridge Financial Solutions has modest predictability. Overlapping area represents the amount of predictability between Broadridge Financial time series from April 19, 2019 to May 19, 2019 and May 19, 2019 to June 18, 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 0.54 indicates that about 54.0% of current Broadridge Financial price fluctuation can be explain by its past prices.
Correlation Coefficient0.54
Spearman Rank Test0.59
Residual Average0.0
Price Variance11.66

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 

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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
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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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.