AGILENT TECHNOLOGIES INC Market Value
| 00846UAK7 | 93.65 4.29 4.38% |
| Symbol | AGILENT |
AGILENT '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 AGILENT's bond 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 AGILENT.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in AGILENT on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding AGILENT TECHNOLOGIES INC or generate 0.0% return on investment in AGILENT over 90 days. AGILENT is related to or competes with Alaska Air, Mesa Air, Playa Hotels, United Airlines, Volaris, Academy Sports, and ANTA Sports. More
AGILENT 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 AGILENT's bond 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 AGILENT TECHNOLOGIES INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 1.33 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.3288 |
AGILENT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AGILENT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AGILENT's standard deviation. In reality, there are many statistical measures that can use AGILENT historical prices to predict the future AGILENT's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.9806 |
AGILENT TECHNOLOGIES INC Backtested Returns
AGILENT TECHNOLOGIES INC secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the bond had a -0.11 % return per unit of return volatility over the last 3 months. AGILENT TECHNOLOGIES INC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AGILENT's Risk Adjusted Performance of (0.10), mean deviation of 0.2821, and Coefficient Of Variation of (880.11) to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0929, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AGILENT are expected to decrease at a much lower rate. During the bear market, AGILENT is likely to outperform the market.
Auto-correlation | 0.35 |
Below average predictability
AGILENT TECHNOLOGIES INC has below average predictability. Overlapping area represents the amount of predictability between AGILENT time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AGILENT TECHNOLOGIES INC price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current AGILENT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
AGILENT TECHNOLOGIES INC lagged returns against current returns
Autocorrelation, which is AGILENT bond'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 AGILENT's bond expected returns. We can calculate the autocorrelation of AGILENT returns to help us make a trade decision. For example, suppose you find that AGILENT has exhibited high autocorrelation historically, and you observe that the bond 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 |
AGILENT 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 AGILENT bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AGILENT bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AGILENT bond over time.
Current vs Lagged Prices |
| Timeline |
AGILENT Lagged Returns
When evaluating AGILENT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AGILENT bond have on its future price. AGILENT 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, AGILENT autocorrelation shows the relationship between AGILENT bond current value and its past values and can show if there is a momentum factor associated with investing in AGILENT TECHNOLOGIES INC.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in AGILENT Bond
AGILENT financial ratios help investors to determine whether AGILENT Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AGILENT with respect to the benefits of owning AGILENT security.