Projected Return Density against MarketTaking into account 30 trading days horizon, the stock has beta coefficient of 1.22 . 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 will likely underperform. Moreover, Agilent Technologies Inc has alpha of 0.1515 implying that it can potentially generate 0.1515% excess return over S&P 500 after adjusting for the inherited market risk (beta). Taking into account 30 trading days horizon, the coefficient of variation of Agilent is 860.94. The daily returns are destributed with a variance of 5.33 and standard deviation of 2.31. The mean deviation of Agilent Technologies Inc is currently at 1.26. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.45
Actual Return VolatilityAgilent Technologies Inc accepts 2.31% volatility on return distribution over the 30 days horizon. S&P 500 shows 0.45% volatility of returns over 30 trading days.
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Agilent Technologies Inc has a volatility of 2.31 and is 5.13 times more volatile than S&P 500. 24% of all equities and portfolios are less risky than Agilent. Compared with the overall equity markets, volatility of historical daily returns of Agilent Technologies Inc is lower than 24 (%) of all global equities and portfolios over the last 30 days. Use Agilent Technologies Inc to enhance returns of your portfolios. The stock experiences unexpected upward trend. Watch out for market signals. Check odds of Agilent to be traded at $65.8 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Agilent will likely underperform.
Agilent correlation with market
Agilent Current Risk Indicators
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