Macroaxis considers Gartner not too risky given 1 month investment horizon. Gartner
holds Efficiency (Sharpe) Ratio of 0.3208 which attests that Gartner
had 0.3208% 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 stock 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 utilize Gartner Downside Deviation
of 0.9916, Market Risk Adjusted Performance
of 0.87 and Risk Adjusted Performance of 0.1297 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Gartner holds performance score of 21. The company retains Market Volatility (i.e. Beta) of -0.2949 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 vital to follow to Gartner 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. By evaluating Gartner technical indicators you can presently evaluate if the expected return of 0.2694% will be sustainable into the future. Please utilizes Gartner Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to make a quick decision on weather Gartner current trending patterns will revert.
|15 days auto-correlation|| 0.26 |
Gartner has poor predictability. Overlapping area represents the amount of predictability between Gartner time series from August 21, 2018 to September 5, 2018 and September 5, 2018 to September 20, 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 0.26 indicates that nearly 26.0% of current Gartner price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.22|