Gartner Backtesting

Gartner -- USA Stock  

USD 118.14  0.42  0.36%

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

Gartner 'What if' Analysis

February 20, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
April 21, 2018
0.00
If you would invest  0.00  in Gartner on February 20, 2018 and sell it all today you would earn a total of 0.00 from holding Gartner or generate 0.0% return on investment in Gartner over 60 days. Gartner is related to or competes with Salesforce, Workday, CDK Global, CDW, F5 Networks, and Hewlett Packard. It operates through four segments Research, Consulting, Events, and Talent Assessment Other

Gartner Upside/Downside Indicators

Downside Deviation1.53
Information Ratio0.0219
Maximum Drawdown5.32
Value At Risk2.08
Potential Upside1.87
  

Gartner Market Premium Indicators

Risk Adjusted Performance6.0E-4
Jensen Alpha0.010476
Total Risk Alpha0.0216
Sortino Ratio0.0192
Treynor Ratio0.0887

Gartner Backtested Returns

We consider Gartner not too risky. Gartner holds Efficiency (Sharpe) Ratio of 0.0328 which attests that Gartner had 0.0328% of return per unit of risk over the last 2 months. Our philosophy towards determining 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-one technical indicators for Gartner which you can use to evaluate future volatility of the corporation. Please check out Gartner Downside Deviation of 1.53, Market Risk Adjusted Performance of 0.0987 and Risk Adjusted Performance of 6.0E-4 to validate if risk estimate we provide are consistent with the epected return of 0.0434%. Gartner has performance score of 2 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of -0.0835 which attests that as returns on market increase, returns on owning Gartner are expected to decrease at a much smaller rate. During bear market, Gartner is likely to outperform the market.. Although it is extremely important to respect Gartner current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining 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 evaluating Gartner technical indicators you can presently evaluate if the expected return of 0.0434% will be sustainable into the future. Gartner right now retains a risk of 1.3257%. Please check out Gartner Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Gartner will be following its current trending patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.24) 

Weak reverse predictability

Gartner has weak reverse predictability. Overlapping area represents the amount of predictability between Gartner time series from February 20, 2018 to March 22, 2018 and March 22, 2018 to April 21, 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 Gartner price movement. The serial correlation of -0.24 indicates that over 24.0% of current Gartner price fluctuation can be explain by its past prices. Given that Gartner has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Gartner for similar time interval.
Correlation Coefficient -0.24
Spearman Rank Test -0.08
Price Variance 1.28
Lagged Price Variance 14.81

Gartner lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Gartner regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Gartner Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - IT

Gartner Investor Sentiment
Larger part of Macroaxis users are currently bullish on Gartner. What is your judgment towards investing in Gartner? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Generate Optimal Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please also check Gartner Hype Analysis, Gartner Correlation, Gartner Valuation, Gartner Volatility as well as analyze Gartner Alpha and Beta and Gartner Performance. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..