Gartner Related Correlations

IT Stock  USD 449.61  0.30  0.07%   
Generate correlation matrix for Gartner and other related equities to check the degree to which Gartner price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Gartner. To filter out specific equities, please toggle its corresponding legend item. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gartner. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Gartner Stock please use our How to Invest in Gartner guide.
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Is Gartner's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gartner. If investors know Gartner will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gartner listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Earnings Share
11.1
Revenue Per Share
74.768
Quarterly Revenue Growth
0.054
Return On Assets
0.0934
The market value of Gartner is measured differently than its book value, which is the value of Gartner that is recorded on the company's balance sheet. Investors also form their own opinion of Gartner's value that differs from its market value or its book value, called intrinsic value, which is Gartner's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gartner's market value can be influenced by many factors that don't directly affect Gartner's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gartner's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gartner is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gartner's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Correlations

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
RRTLXMSTSX
RRTLXCRAI
MSTSXCRAI
VIASPCRAI
RRTLXVIASP
70082LAB3MSTSX
  
High negative correlations   
CRAIIII
VIASPIII
AQUIHBCP
RRTLXIII
CRAIHBCP
AQUIIII

Risk-Adjusted Indicators

There is a big difference between Gartner Stock performing well and Gartner Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Gartner's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
III  1.84 (0.36) 0.00 (0.12) 0.00 
 3.66 
 12.37 
HBCP  1.68 (0.31) 0.00 (0.09) 0.00 
 3.72 
 11.98 
CRAI  1.21  0.39  0.24  0.42  1.04 
 2.80 
 15.07 
AQUI  1.32  0.63  0.00  0.95  0.00 
 0.00 
 25.00 
MSTSX  0.46 (0.02)(0.04) 0.04  0.64 
 0.98 
 3.20 
LBHIX  0.19 (0.03) 0.00 (0.39) 0.00 
 0.48 
 1.21 
VIASP  1.53  0.09  0.03  0.17  2.28 
 3.60 
 13.41 
RRTLX  0.26  0.01 (0.13) 0.21  0.31 
 0.51 
 1.46 
OSHDF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
70082LAB3  1.00 (0.16) 0.00 (9.12) 0.00 
 1.52 
 17.21