|CDK Global Inc -- USA Stock|| |
USD 70.73 0.78 1.12%
On a scale of 0 to 100 CDK Global holds performance score of 28. The firm shows Beta (market volatility) of -0.1732 which signifies that as returns on market increase, returns on owning CDK Global are expected to decrease at a much smaller rate. During bear market, CDK Global is likely to outperform the market.. Although it is vital to follow to CDK Global Inc
historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The approach into foreseeing 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 technical indicators
for CDK Global Inc which you can use to evaluate performance of the firm. Please makes use of CDK Global Inc Maximum Drawdown
, and the relationship
between Information Ratio
and Downside Variance
to make a quick decision on weather CDK Global price patterns
CDK Global Inc Relative Risk vs. Return Landscape
If you would invest 6,326
in CDK Global Inc on November 11, 2017
and sell it today you would earn a total of 747
from holding CDK Global Inc or generate 11.81%
return on investment over 30
days. CDK Global Inc is generating 0.5676% of daily returns assuming volatility of 1.3083% on return distribution over 30 days investment horizon. In other words, 12% of equities are less volatile than the company and above 90% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
Considering 30-days investment horizon, CDK Global Inc is expected to generate 2.53 times more return on investment than the market. However, the company is 2.53 times more volatile than its market benchmark. It trades about 0.43 of its potential returns per unit of risk. The DOW is currently generating roughly 0.36 per unit of risk.
Based on recorded statements CDK Global Inc has Operating Margin of 23.94%. This is 186.24% lower than that of the Technology sector, and 156.21% lower than that of Application Software
industry, The Operating Margin for all stocks is 319.43% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.
CDK Global Daily Price Distribution
The median price of CDK Global for the period between Sat, Nov 11, 2017 and Mon, Dec 11, 2017 is 68.76 with a coefficient of variation of 3.78. The daily time series for the period is distributed with a sample standard deviation of 2.55, arithmetic mean of 67.44, and mean deviation of 2.17. The Stock received some media coverage during the period.