Gartner Backtesting

IT -- USA Stock  

USD 143.12  1.77  1.25%

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

Gartner 'What if' Analysis

July 18, 2018
No Change 0.00  0.0%
In 31 days
August 17, 2018
If you would invest  0.00  in Gartner on July 18, 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 30 days. Gartner is related to or competes with Broadridge Financial, CA, Workday, F5 Networks, CDK Global, and . It operates through four segments Research, Consulting, Events, and Talent Assessment Other

Gartner Upside/Downside Indicators

Downside Deviation1.53
Information Ratio0.0087
Maximum Drawdown4.67
Value At Risk2.06
Potential Upside2.51

Gartner Market Premium Indicators

Risk Adjusted Performance0.0521
Jensen Alpha0.0153
Total Risk Alpha0.15
Sortino Ratio0.0084
Treynor Ratio0.1156

Gartner Backtested Returns

We consider Gartner not too risky. Gartner holds Efficiency (Sharpe) Ratio of 0.0704 which attests that Gartner had 0.0704% of return per unit of risk over the last 1 month. 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 0.1256 and Risk Adjusted Performance of 0.0521 to validate if risk estimate we provide are consistent with the epected return of 0.1019%. Gartner has performance score of 4 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.975 which attests that Gartner returns are very sensitive to returns on the market. as market goes up or down, Gartner is expected to follow.. 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 0.1019% will be sustainable into the future. Gartner right now retains a risk of 1.4483%. 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(0.64) 

Very good reverse predictability

Gartner has very good reverse predictability. Overlapping area represents the amount of predictability between Gartner time series from July 18, 2018 to August 2, 2018 and August 2, 2018 to August 17, 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 -0.64 indicates that roughly 64.0% 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 -0.64
Spearman Rank Test -0.82
Price Variance 3.79
Lagged Price Variance 7.31

Gartner lagged returns against current returns

 Current and Lagged Values 

Gartner regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Gartner Lagged Returns

 Regressed Prices 

Did you try this?

Run Portfolio Suggestion Now

Portfolio Suggestion

Get suggestions outside of your existing asset allocation including your own model portfolios
All  Next Launch Portfolio Suggestion

Build Optimal Portfolios

Align your risk with 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.