Gartner Risk Analysis

Gartner Inc -- USA Stock  

USD 139.21  0.76  0.55%

Macroaxis considers Gartner not too risky given 1 month investment horizon. Gartner Inc holds Efficiency (Sharpe) Ratio of 0.6813 which attests that Gartner Inc had 0.6813% 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. By evaluating Gartner Inc technical indicators you can presently evaluate if the expected return of 0.6212% is justified by implied risk. Please utilize Gartner Coefficient Of Variation of 168.58, Market Risk Adjusted Performance of (20.37) and Risk Adjusted Performance of 0.2654 to validate if our risk estimates are consistent with your expectations.
 Time Horizon     30 Days    Login   to change

Gartner Market Sensitivity

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.
One Month Beta |Analyze Gartner Inc Demand Trend
Check current 30 days Gartner correlation with market (DOW)
β = -0.0262
Gartner Almost negative betaGartner Inc Beta Legend

Gartner Inc Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Gartner Inc 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

Allowing for the 30-days total investment horizon, Gartner Inc has beta of -0.0262 . This indicates as returns on benchmark increase, returns on holding Gartner are expected to decrease at a much smaller rate. During bear market, however, Gartner Inc is likely to outperform the market. Moreover, Gartner Inc has an alpha of 0.5404 implying that it can potentially generate 0.5404% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Allowing for the 30-days total investment horizon, the coefficient of variation of Gartner is 146.79. The daily returns are destributed with a variance of 0.83 and standard deviation of 0.91. The mean deviation of Gartner Inc is currently at 0.74. For similar time horizon, the selected benchmark (DOW) has volatility of 0.44
α
Alpha over DOW
=0.54
β
Beta against DOW=0.03
σ
Overall volatility
=0.91
Ir
Information ratio =0.31

Actual Return Volatility

Gartner Inc accepts 0.9118% volatility on return distribution over the 30 days horizon. DOW inherits 0.4537% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Gartner Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

30 Days Economic Sensitivity

Indifferent to market move

Total Debt

Gartner Inc Total Debt History

Total Debt

Largest Trends

Gartner Largest Period Trend
 124.22 
  
 123.15 
1.07  0.86%
Lowest period price (30 days)
 138.56 
  
 139.21 
0.65  0.47%
Highest period price (30 days)

Investment Outlook

Gartner Investment Opportunity
Gartner Inc has a volatility of 0.91 and is 2.02 times more volatile than DOW. 8% of all equities and portfolios are less risky than Gartner. Compared to the overall equity markets, volatility of historical daily returns of Gartner Inc is lower than 8 (%) of all global equities and portfolios over the last 30 days. Use Gartner Inc to enhance returns of your portfolios. The stock experiences moderate upward volatility. Check odds of Gartner to be traded at $153.13 in 30 days. 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.

Gartner correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Gartner Inc and equity matching DJI index in the same portfolio.

Volatility Indicators

Gartner Current Risk Indicators