We consider Gartner not too risky. Gartner Inc holds Efficiency (Sharpe) Ratio of 0.0622 which attests that Gartner Inc had 0.0622% 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. We have found twenty-eight technical indicators for Gartner Inc which you can use to evaluate future volatility of the corporation. Please check out Gartner Downside Deviation of 0.7531, Market Risk Adjusted Performance of 0.1531 and Risk Adjusted Performance of 0.034 to validate if risk estimate we provide are consistent with the epected return of 0.0438%.
|Investment Horizon||30 Days Login to change|
Gartner Market Sensitivity
|As returns on market increase, Gartner returns are expected to increase less than the market. However during bear market, the loss on holding Gartner will be expected to be smaller as well.One Month Beta |Analyze Gartner Inc Demand TrendCheck current 30 days Gartner correlation with market (DOW)|
β = 0.4321
Projected Return Density Against MarketAllowing for the 30-days total investment horizon, Gartner has beta of 0.4321 . This indicates as returns on market go up, Gartner average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Gartner Inc will be expected to be much smaller as well. Additionally, Gartner Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Allowing for the 30-days total investment horizon, the coefficient of variation of Gartner is 1606.75. The daily returns are destributed with a variance of 0.49 and standard deviation of 0.7. The mean deviation of Gartner Inc is currently at 0.5. For similar time horizon, the selected benchmark (DOW) has volatility of 0.27