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 TrendCheck current 30 days Gartner correlation with market (DOW)|
β = -0.0262
Gartner Inc Technical Analysis
Projected Return Density Against MarketAllowing 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).
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