CDK Global Backtesting

CDK Global Inc -- USA Stock  

USD 64.73  0.03  0.05%

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

CDK Global 'What if' Analysis

September 18, 2017
No Change 0.00  0.0%
In 30 days
October 18, 2017
If you would invest  0.00  in CDK Global on September 18, 2017 and sell it all today you would earn a total of 0.00 from holding CDK Global Inc or generate 0.0% return on investment in CDK Global over 30 days. CDK Global is related to or competes with Broadridge Financial, CA, Gartner, Workday, F5 Networks, and . CDK Global Inc operates through Retail Solutions North America Advertising North America and CDK International segments

CDK Global Upside/Downside Indicators


CDK Global Market Premium Indicators

CDK Global Inc lagged returns against current returns

 Current and Lagged Values 

CDK Global regressed lagged prices vs. current prices

 Current vs Lagged Prices 

CDK Global Inc Backtested Returns

We consider CDK Global not too risky. CDK Global Inc secures Sharpe Ratio (or Efficiency) of 0.384 which signifies that CDK Global Inc had 0.384% of return per unit of return volatility over the last 1 month. Our approach into foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty technical indicators for CDK Global Inc which you can use to evaluate future volatility of the firm. Please confirm CDK Global Inc Downside Deviation of 0.3628, Risk Adjusted Performance of 0.0952 and Mean Deviation of 0.3884 to double-check if risk estimate we provide are consistent with the epected return of 0.1795%. CDK Global has performance score of 26 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.0924 which signifies that as returns on market increase, returns on owning CDK Global are expected to decrease at a much smaller rate. During bear market, CDK Global is likely to outperform the market.. Although it is extremely important to respect CDK Global Inc historical returns, it is better to be realistic regarding the information on equity current trending patternss. The approach into 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 examining CDK Global Inc technical indicators you can right now evaluate if the expected return of 0.1795% will be sustainable into the future. CDK Global Inc at this time shows a risk of 0.4674%. Please confirm CDK Global Inc Maximum Drawdown, and the relationship between Information Ratio and Downside Variance to decide if CDK Global Inc will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.77 

Good predictability

CDK Global Inc has good predictability. Overlapping area represents the amount of predictability between CDK Global time series from September 18, 2017 to October 3, 2017 and October 3, 2017 to October 18, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CDK Global Inc price movement. The serial correlation of 0.77 indicates that around 77.0% of current CDK Global price fluctuation can be explain by its past prices.
Correlation Coefficient 0.77
Spearman Rank Test 0.53
Price Variance 0.12
Lagged Price Variance 0.42

CDK Global Lagged Returns

 Regressed Prices 

CDK Global Performance vs DOW

The median price of CDK Global for the period between Mon, Sep 18, 2017 and Wed, Oct 18, 2017 is 63.82 with a coefficient of variation of 1.67. The daily time series for the period is distributed with a sample standard deviation of 1.07, arithmetic mean of 63.74, and mean deviation of 0.91. The Stock received some media coverage during the period.
Price Growth (%)  
Acquisition by Brian MacDonald of 107913 shares of CDK Globa...10/04/2017