Agilent Technologies Backtesting

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
Investment Horizon     30 Days    Login   to change

Agilent Technologies 'What if' Analysis

November 6, 2016
No Change 0.00  0.0%
In 31 days
December 6, 2016
If you would invest  0.00  in Agilent Technologies on November 6, 2016 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 THERMO FISHER, QWEST COMM, LABORATORY CORP, QUEST DIAGNOSTC, DEXCOM, and PERKIN ELMER. Its Life Sciences and Applied Markets segment offers liquid chromatography systems and components liquid chromatography ...

Agilent Technologies Upside/Downside Indicators


Agilent Technologies Market Premium Indicators

Agilent Technologies lagged returns against current returns

 Current and Lagged Values 
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Agilent Technologies regressed lagged prices vs. current prices

 Current vs Lagged Prices 
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Agilent Technologies Backtested Returns

Macroaxis considers Agilent Technologies to be not too risky. Agilent Technologies secures Sharpe Ratio (or Efficiency) of -0.0935 which signifies that Agilent Technologies had -0.0935% 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-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Agilent Technologies Downside Deviation of 1.67, Risk Adjusted Performance of 0.0425 and Mean Deviation of 1.32 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 -0.2842 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 historical returns, it is always good to be careful when utilizing equity current trading 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-eight different technical indicators which can help you to evaluate its performance. Agilent Technologies has expected return of -0.1377%. Please be advised to confirm Agilent Technologies Coefficient Of Variation, Sortino Ratio, Potential Upside, as well as the relationship between Jensen Alpha and Maximum Drawdown to decide if Agilent Technologies past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure 
15 days auto-correlation(0.09)

Very weak reverse predictability

Agilent Technologies Inc has very weak reverse predictability. Overlapping area represents amount of predictability between Agilent Technologies time series from November 6, 2016 to November 21, 2016 and November 21, 2016 to December 6, 2016. 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 price movement. The serial correlation of -0.09 indicates that less than 9.0% 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 -0.09
Spearman Rank Test 0.25
Price Variance 0.26
Lagged Price Variance 0.34

Agilent Technologies Lagged Returns

 Regressed Prices 
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Agilent Technologies Performance vs NYSE

The median price of Agilent Technologies for the period between Sun, Nov 6, 2016 and Tue, Dec 6, 2016 is 44.97 with a coefficient of variation of 2.2. The daily time series for the period is distributed with a sample standard deviation of 0.99, arithmetic mean of 44.97, and mean deviation of 0.8. The Stock received some media coverage during the period.
Price Growth (%)  
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