We consider Agilent Technologies not too risky. Agilent Technologies Inc secures Sharpe Ratio (or Efficiency) of 0.1214 which signifies that Agilent Technologies Inc had 0.1214% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Agilent Technologies Inc which you can use to evaluate future volatility of the firm. Please confirm Agilent Technologies Inc Downside Deviation of 0.9279, Risk Adjusted Performance of 0.0382 and Mean Deviation of 0.605 to double-check if risk estimate we provide are consistent with the epected return of 0.0937%.
|Investment Horizon||30 Days Login to change|
Agilent Technologies Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Agilent Technologies will likely underperform.One Month Beta |Analyze Agilent Technologies Inc Demand TrendCheck current 30 days Agilent Technologies correlation with market (DOW)|
β = 1.1817
Projected Return Density Against MarketTaking into account the 30 trading days horizon, the stock has beta coefficient of 1.1817 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Agilent Technologies will likely underperform. Additionally, Agilent Technologies Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Taking into account the 30 trading days horizon, the coefficient of variation of Agilent Technologies is 823.42. The daily returns are destributed with a variance of 0.6 and standard deviation of 0.77. The mean deviation of Agilent Technologies Inc is currently at 0.61. For similar time horizon, the selected benchmark (DOW) has volatility of 0.26