Gartner Backtesting

IT -- USA Stock  

USD 139.97  0.31  0.22%

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
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Backtest

Gartner 'What if' Analysis

June 18, 2018
0.00
No Change 0.00  0.0%
In 30 days
July 18, 2018
0.00
If you would invest  0.00  in Gartner on June 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 Digimarc, Edgewater Technology, EPAM Systems, Accenture plc, CDW, and Computer Task. It operates through four segments Research, Consulting, Events, and Talent Assessment Other

Gartner Upside/Downside Indicators

Downside Deviation0.9077
Information Ratio0.07
Maximum Drawdown2.81
Value At Risk1.47
Potential Upside1.2
  

Gartner Market Premium Indicators

Risk Adjusted Performance0.049
Jensen Alpha0.0887
Total Risk Alpha0.14
Sortino Ratio0.08
Treynor Ratio0.28

Gartner Backtested Returns

We consider Gartner not too risky. Gartner holds Efficiency (Sharpe) Ratio of 0.0814 which attests that Gartner had 0.0814% 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 0.9077, Market Risk Adjusted Performance of 0.27 and Risk Adjusted Performance of 0.049 to validate if risk estimate we provide are consistent with the epected return of 0.0766%. Gartner has performance score of 5 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of -0.216 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 0.0766% will be sustainable into the future. Gartner right now retains a risk of 0.9407%. 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(0.82) 

Excellent reverse predictability

Gartner has excellent reverse predictability. Overlapping area represents the amount of predictability between Gartner time series from June 18, 2018 to July 3, 2018 and July 3, 2018 to July 18, 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 -0.82 indicates that around 82.0% 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 -0.82
Spearman Rank Test -0.54
Price Variance 3.09
Lagged Price Variance 4.15

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 

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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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.