Gartner Probability of Target Price Finishing Above 122.39

IT -- USA Stock  

USD 140.32  0.65  0.47%

Gartner probability of target price tool provides mechanism to make assumptions about upside and downside potential of Gartner performance during a given time horizon utilizing its historical volatility. Please specify Gartner time horizon, a valid symbol (red box) and a target price (blue box) you would like Gartner odds to be computed. Please also check Gartner Backtesting, Gartner Valuation, Gartner Correlation, Gartner Hype Analysis, Gartner Volatility, Gartner History as well as Gartner Performance.
 Time Horizon     30 Days    Login   to change
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Gartner Target Price Odds to finish below 122.39

Current PriceHorizonTarget PriceOdds to drop to $ 122.39  or more in 30 days
 140.32 30 days 122.39  NEAR 1%
Based on normal probability distribution, the odds of Gartner to drop to $ 122.39  or more in 30 days from now is near 1% (This Gartner probability density function shows the probability of Gartner Stock to fall within a particular range of prices over 30 days) . Probability of Gartner price to stay between $ 122.39  and its current price of $140.32 at the end of the 30-day period is about 79.6%.
Allowing for the 30-days total investment horizon, Gartner has beta of 0.0827 . 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 will be expected to be much smaller as well. Additionally Gartner has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Gartner Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.02
β
Beta against DOW=0.08
σ
Overall volatility
=2.44
Ir
Information ratio =0.04

Gartner Alerts

Gartner Alerts and Suggestions
Gartner has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its debt commitments
The company reports 2.43 B of total liabilities with total debt to equity ratio (D/E) of 263.8 which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Gartner has Current Ratio of 0.63 implying that it has not enough working capital to pay out debt commitments in time.
Over 106.0% of Gartner shares are owned by institutional investors
Latest headline from MacroaxisInsider: Exercise or conversion by Noble Timothy of 10000 shares of Gartner subject to Rule 16b-3
Please also check Gartner Backtesting, Gartner Valuation, Gartner Correlation, Gartner Hype Analysis, Gartner Volatility, Gartner History as well as Gartner Performance. Please also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.