Keysight Technologies (Germany) Market Value
| 1KT Stock | EUR 159.96 4.98 3.02% |
| Symbol | Keysight |
Keysight Technologies 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Keysight Technologies' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Keysight Technologies.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Keysight Technologies on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Keysight Technologies or generate 0.0% return on investment in Keysight Technologies over 60 days. Keysight Technologies is related to or competes with LION ONE, Consolidated Communications, Bank of America, INTERSHOP Communications, Gamma Communications, Cogent Communications, and ITALIAN WINE. Keysight Technologies, Inc. provides electronic design and test solutions to communications and electronics industries i... More
Keysight Technologies Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Keysight Technologies' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Keysight Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.44 | |||
| Information Ratio | 0.1006 | |||
| Maximum Drawdown | 9.9 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 3.56 |
Keysight Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Keysight Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Keysight Technologies' standard deviation. In reality, there are many statistical measures that can use Keysight Technologies historical prices to predict the future Keysight Technologies' volatility.| Risk Adjusted Performance | 0.1245 | |||
| Jensen Alpha | 0.2239 | |||
| Total Risk Alpha | 2.0E-4 | |||
| Sortino Ratio | 0.1384 | |||
| Treynor Ratio | 0.4007 |
Keysight Technologies Backtested Returns
Keysight Technologies appears to be very steady, given 3 months investment horizon. Keysight Technologies has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Keysight Technologies, which you can use to evaluate the volatility of the firm. Please exercise Keysight Technologies' Downside Deviation of 1.44, mean deviation of 1.49, and Risk Adjusted Performance of 0.1245 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Keysight Technologies holds a performance score of 11. The company secures a Beta (Market Risk) of 0.78, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Keysight Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Keysight Technologies is expected to be smaller as well. Please check Keysight Technologies' total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Keysight Technologies' current price movements will revert.
Auto-correlation | -0.05 |
Very weak reverse predictability
Keysight Technologies has very weak reverse predictability. Overlapping area represents the amount of predictability between Keysight Technologies time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Keysight Technologies price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Keysight Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 58.06 |
Keysight Technologies lagged returns against current returns
Autocorrelation, which is Keysight Technologies stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Keysight Technologies' stock expected returns. We can calculate the autocorrelation of Keysight Technologies returns to help us make a trade decision. For example, suppose you find that Keysight Technologies has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Keysight Technologies regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Keysight Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Keysight Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Keysight Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Keysight Technologies Lagged Returns
When evaluating Keysight Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Keysight Technologies stock have on its future price. Keysight Technologies autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Keysight Technologies autocorrelation shows the relationship between Keysight Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Keysight Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Keysight Stock
When determining whether Keysight Technologies is a strong investment it is important to analyze Keysight Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Keysight Technologies' future performance. For an informed investment choice regarding Keysight Stock, refer to the following important reports:Check out Keysight Technologies Correlation, Keysight Technologies Volatility and Keysight Technologies Alpha and Beta module to complement your research on Keysight Technologies. For more detail on how to invest in Keysight Stock please use our How to Invest in Keysight Technologies guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Keysight Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.