Gartner Backtesting

Gartner Inc -- USA Stock  

USD 125.32  0.04  0.0319%

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
Investment Horizon     30 Days    Login   to change

Gartner 'What if' Analysis

September 23, 2017
No Change 0.00  0.0%
In 31 days
October 23, 2017
If you would invest  0.00  in Gartner on September 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

We consider Gartner not too risky. Gartner Inc holds Efficiency (Sharpe) Ratio of 0.0924 which attests that Gartner Inc had 0.0924% 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-eight technical indicators for Gartner Inc which you can use to evaluate future volatility of the corporation. Please check out Gartner Downside Deviation of 0.7531, Market Risk Adjusted Performance of 0.1531 and Risk Adjusted Performance of 0.034 to validate if risk estimate we provide are consistent with the epected return of 0.0643%. Gartner has performance score of 6 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.4321 which attests that as returns on market increase, Gartner returns are expected to increase less than the market. However during bear market, the loss on holding Gartner will be expected to be smaller as well.. Although it is extremely important to respect Gartner Inc 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 Inc technical indicators you can presently evaluate if the expected return of 0.0643% will be sustainable into the future. Gartner Inc right now retains a risk of 0.6958%. Please check out Gartner Value At Risk as well as the relationship between Skewness and Day Median Price to decide if Gartner will be following its current trending patternss.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.21) 

Weak reverse predictability

Gartner Inc has weak reverse predictability. Overlapping area represents the amount of predictability between Gartner time series from September 23, 2017 to October 8, 2017 and October 8, 2017 to October 23, 2017. 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 -0.21 indicates that over 21.0% of current Gartner price fluctuation can be explain by its past prices. Given that Gartner Inc 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 -0.21
Spearman Rank Test 0.29
Price Variance 0.92
Lagged Price Variance 0.5

Gartner Lagged Returns

 Regressed Prices 

Gartner Performance vs DOW

The median price of Gartner for the period between Sat, Sep 23, 2017 and Mon, Oct 23, 2017 is 123.7 with a coefficient of variation of 0.65. The daily time series for the period is distributed with a sample standard deviation of 0.8, arithmetic mean of 123.62, and mean deviation of 0.63. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)