|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 Demand TrendCheck current 30 days Gartner correlation with market (DOW)|
β = -0.2949
Gartner Technical Analysis
Gartner Projected Return Density Against MarketAllowing for the 30-days total investment horizon, Gartner has beta of -0.2949 . 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 is likely to outperform the market. Moreover, Gartner has an alpha of 0.2882 implying that it can potentially generate 0.2882% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Gartner Return VolatilityGartner accepts 0.8592% volatility on return distribution over the 30 days horizon. DOW inherits 0.3914% risk (volatility on return distribution) over the 30 days horizon.