Gartner Backtesting

Gartner Inc -- USA Stock  

USD 138.06  0.71  0.52%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Gartner Inc 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

December 23, 2017
No Change 0.00  0.0%
In 31 days
January 22, 2018
If you would invest  0.00  in Gartner on December 23, 2017 and sell it all today you would earn a total of 0.00 from holding Gartner Inc 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, and CDK Global. It operates through three segments Research Consulting and Events

Gartner Upside/Downside Indicators


Gartner Market Premium Indicators

Gartner Inc lagged returns against current returns

 Current and Lagged Values 

Gartner regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Gartner Inc Backtested Returns

Macroaxis considers Gartner not too risky given 1 month investment horizon. Gartner Inc holds Efficiency (Sharpe) Ratio of 0.639 which attests that Gartner Inc had 0.639% 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. By evaluating Gartner Inc technical indicators you can presently evaluate if the expected return of 0.6152% is justified by implied risk. Please utilize Gartner Coefficient Of Variation of 211.09, Market Risk Adjusted Performance of 0.4682 and Risk Adjusted Performance of 0.2149 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Gartner holds performance score of 42. The company retains Market Volatility (i.e. Beta) of 0.97 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 vital to follow to Gartner Inc current price history, it is good to be conservative about what you can actually do with the information regarding 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. We have found twenty-seven technical indicators for Gartner Inc which you can use to evaluate performance of the corporation. Please utilizes Gartner Potential Upside as well as the relationship between Kurtosis and Day Typical Price to make a quick decision on weather Gartner Inc current trending patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.92 

Excellent predictability

Gartner Inc has excellent predictability. Overlapping area represents the amount of predictability between Gartner time series from December 23, 2017 to January 7, 2018 and January 7, 2018 to January 22, 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 Inc price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Gartner price fluctuation can be explain by its past prices.
Correlation Coefficient 0.92
Spearman Rank Test 0.58
Price Variance 7.4
Lagged Price Variance 6.4

Gartner Lagged Returns

 Regressed Prices 

Gartner Performance vs DOW

The median price of Gartner for the period between Sat, Dec 23, 2017 and Mon, Jan 22, 2018 is 127.3 with a coefficient of variation of 3.18. The daily time series for the period is distributed with a sample standard deviation of 4.04, arithmetic mean of 127.26, and mean deviation of 3.41. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)