CDK Global Backtesting

CDK Global Inc -- USA Stock  

USD 74.29  0.04  0.0538%

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

December 24, 2017
No Change 0.00  0.0%
In 31 days
January 23, 2018
If you would invest  0.00  in CDK Global on December 24, 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

Macroaxis considers CDK Global not too risky given 1 month investment horizon. CDK Global Inc secures Sharpe Ratio (or Efficiency) of 0.1756 which signifies that CDK Global Inc had 0.1756% 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-eight technical indicators for CDK Global Inc which you can use to evaluate future volatility of the firm. Please makes use of CDK Global Inc Semi Deviation of 0.52, Risk Adjusted Performance of 0.0762 and Mean Deviation of 0.8643 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 CDK Global holds performance score of 11. The firm shows Beta (market volatility) of 0.0412 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.. 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 patterns. 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 0.2217% will be sustainable into the future. Please makes use of CDK Global Inc Jensen Alpha, Potential Upside, Accumulation Distribution, as well as the relationship between Treynor Ratio and Expected Short fall to make a quick decision on weather CDK Global price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.63) 

Very good reverse predictability

CDK Global Inc has very good reverse predictability. Overlapping area represents the amount of predictability between CDK Global time series from December 24, 2017 to January 8, 2018 and January 8, 2018 to January 23, 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 -0.63 indicates that roughly 63.0% 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 -0.63
Spearman Rank Test -0.22
Price Variance 1.56
Lagged Price Variance 0.29

CDK Global Lagged Returns

 Regressed Prices 

CDK Global Performance vs DOW

The median price of CDK Global for the period between Sun, Dec 24, 2017 and Tue, Jan 23, 2018 is 71.59 with a coefficient of variation of 2.01. The daily time series for the period is distributed with a sample standard deviation of 1.45, arithmetic mean of 72.27, and mean deviation of 1.2. The Stock received some media coverage during the period.
Price Growth (%)  
Mutual Of America Capital Management Has Lowered Cdk Global ...01/22/2018