CDK Global Risk Analysis And Volatility Evaluation

CDK -- USA Stock  

USD 65.87  0.21  0.32%

We consider CDK Global not too risky. CDK Global secures Sharpe Ratio (or Efficiency) of 0.1691 which signifies that CDK Global had 0.1691% of return per unit of return volatility over the last 1 month. Our approach into foreseeing 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 CDK Global which you can use to evaluate future volatility of the firm. Please confirm CDK Global Semi Deviation of 0.8627, Risk Adjusted Performance of 0.01 and Mean Deviation of 0.6666 to double-check if risk estimate we provide are consistent with the epected return of 0.1845%.
 Time Horizon     30 Days    Login   to change

CDK Global Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. CDK Global Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Considering 30-days investment horizon, CDK Global has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and CDK Global are completely uncorrelated. Furthermore, CDK GlobalIt does not look like CDK Global alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Considering 30-days investment horizon, the coefficient of variation of CDK Global is 591.5. The daily returns are destributed with a variance of 1.19 and standard deviation of 1.09. The mean deviation of CDK Global is currently at 0.67. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.09
Ir
Information ratio =0.17

Actual Return Volatility

CDK Global has volatility of 1.0914% on return distribution over 30 days investment horizon. DOW inherits 0.597% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

CDK Global Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Below average

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

CDK Global Investment Opportunity
CDK Global has a volatility of 1.09 and is 1.82 times more volatile than DOW. 10% of all equities and portfolios are less risky than CDK Global. Compared to the overall equity markets, volatility of historical daily returns of CDK Global is lower than 10 (%) of all global equities and portfolios over the last 30 days.

Total Debt

CDK Global Total Debt History

Total Debt

Volatility Indicators

CDK Global Current Risk Indicators
Check also Trending Equities. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.