CDK Global Backtesting

CDK Global Inc -- USA Stock  

USD 69.59  0.41  0.59%

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
 Time Horizon     30 Days    Login   to change

CDK Global 'What if' Analysis

January 25, 2018
No Change 0.00  0.0%
In 31 days
February 24, 2018
If you would invest  0.00  in CDK Global on January 25, 2018 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. provides integrated information technology and digital marketing solutions to the automotive retail and...

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

Macroaxis considers CDK Global to be not too risky. CDK Global Inc secures Sharpe Ratio (or Efficiency) of -0.1202 which signifies that CDK Global Inc had -0.1202% of return per unit of return volatility over the last 1 month. Macroaxis approach into foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. CDK Global Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm CDK Global Inc Risk Adjusted Performance of 0.20 and Mean Deviation of 1.24 to double-check risk estimate we provide. Macroaxis gives CDK Global performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.6508 which signifies that as returns on market increase, CDK Global returns are expected to increase less than the market. However during bear market, the loss on holding CDK Global will be expected to be smaller as well.. Even though it is essential to pay attention to CDK Global Inc historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach into foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. CDK Global Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. CDK Global Inc has expected return of -0.2469%. Please be advised to confirm CDK Global Inc Treynor Ratio, and the relationship between Variance and Potential Upside to decide if CDK Global Inc past performance will be repeated in the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.03) 

Very weak reverse predictability

CDK Global Inc has very weak reverse predictability. Overlapping area represents the amount of predictability between CDK Global time series from January 25, 2018 to February 9, 2018 and February 9, 2018 to February 24, 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 CDK Global Inc price movement. The serial correlation of -0.03 indicates that only 3.0% of current CDK Global price fluctuation can be explain by its past prices. Given that CDK Global Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of CDK Global for similar time interval.
Correlation Coefficient -0.03
Spearman Rank Test 0.45
Price Variance 1.68
Lagged Price Variance 4.73

CDK Global Lagged Returns

 Regressed Prices 

CDK Global Performance vs DOW

The median price of CDK Global for the period between Thu, Jan 25, 2018 and Sat, Feb 24, 2018 is 70.53 with a coefficient of variation of 3.07. The daily time series for the period is distributed with a sample standard deviation of 2.16, arithmetic mean of 70.43, and mean deviation of 1.69. The Stock received some media coverage during the period.
Price Growth (%)  
Investors Roundup CDK Global, Inc.,02/02/2018
Cdk Global Inc and Seaspan Corp Shares Moving The Tape in Se...02/23/2018