Agilent Technologies Backtesting

Agilent Technologies Inc -- USA Stock  

USD 69.34  0.56  0.80%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Agilent Technologies Inc and determine expected loss or profit from investing in Agilent Technologies over given investment horizon. Check also Agilent Technologies Hype Analysis, Agilent Technologies Correlation, Agilent Technologies Valuation, Agilent Technologies Volatility as well as analyze Agilent Technologies Alpha and Beta and Agilent Technologies Performance
 Time Horizon     30 Days    Login   to change

Agilent Technologies 'What if' Analysis

February 17, 2018
No Change 0.00  0.0%
In 31 days
March 19, 2018
If you would invest  0.00  in Agilent Technologies on February 17, 2018 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 Technologies over 30 days. Agilent Technologies is related to or competes with Curtiss Wright, Sensata Technologies, FLIR Systems, AMETEK, and IDEX. Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemica...

Agilent Technologies Upside/Downside Indicators


Agilent Technologies Market Premium Indicators

Agilent Technologies Inc lagged returns against current returns

 Current and Lagged Values 

Agilent Technologies regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Agilent Technologies Inc Backtested Returns

Macroaxis considers Agilent Technologies to be not too risky. Agilent Technologies Inc secures Sharpe Ratio (or Efficiency) of -0.1129 which signifies that Agilent Technologies Inc had -0.1129% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Agilent Technologies Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Agilent Technologies Inc Risk Adjusted Performance of 0.18 and Mean Deviation of 0.727 to double-check risk estimate we provide. Macroaxis gives Agilent Technologies performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.1471 which signifies that as returns on market increase, returns on owning Agilent Technologies are expected to decrease at a much smaller rate. During bear market, Agilent Technologies is likely to outperform the market.. Even though it is essential to pay attention to Agilent Technologies Inc historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Agilent Technologies Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Agilent Technologies Inc has expected return of -0.1186%. Please be advised to confirm Agilent Technologies Inc Coefficient Of Variation, Jensen Alpha, Potential Upside, as well as the relationship between Variance and Maximum Drawdown to decide if Agilent Technologies Inc past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.47) 

Modest reverse predictability

Agilent Technologies Inc has modest reverse predictability. Overlapping area represents the amount of predictability between Agilent Technologies time series from February 17, 2018 to March 4, 2018 and March 4, 2018 to March 19, 2018. 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 -0.47 indicates that about 47.0% of current Agilent Technologies price fluctuation can be explain by its past prices. Given that Agilent Technologies Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Agilent Technologies for similar time interval.
Correlation Coefficient -0.47
Spearman Rank Test -0.58
Price Variance 1.15
Lagged Price Variance 2.28

Agilent Technologies Lagged Returns

 Regressed Prices 

Agilent Technologies Performance vs DOW

The median price of Agilent Technologies for the period between Sat, Feb 17, 2018 and Mon, Mar 19, 2018 is 70.18 with a coefficient of variation of 1.98. The daily time series for the period is distributed with a sample standard deviation of 1.38, arithmetic mean of 69.9, and mean deviation of 1.1. The Stock received some media coverage during the period.
 Price Growth (%)  
Agilent Technologies exotic insider transaction detected03/19/2018