Gartner Probability of Target Price

Gartner Inc -- USA Stock  

USD 125.32  0.04  0.0319%

Gartner probability of target price tool provides mechanism to make assumptions about upside and downside potential of Gartner Inc 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
Investment Horizon     30 Days    Login   to change
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Odds Analysis

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 125.32 30 days 122.39  more than 94.0% about 5.68%
Based on normal probability distribution, the odds of Gartner to drop to $ 122.39  or more in 30 days from now is about 5.68%. Probability of Gartner Inc price to stay between $ 122.39  and its current price of $125.32 at the end of the 30-day period is about 92.2%.
Allowing 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
6.0%
Odds to drop to $ 122.39  or more in 30 days
 Gartner Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.02
βBeta against DOW=0.43
σ
Overall volatility
=0.8
 IrInformation ratio =0.17