We consider Agilent Technologies very steady. Agilent Technologies secures Sharpe Ratio (or Efficiency) of 0.0695 which signifies that the organization had 0.0695% of return per unit of risk over the last 3 months. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for Agilent Technologies which you can use to evaluate future volatility of the firm. Please confirm Agilent Technologies Mean Deviation of 1.23, Downside Deviation of 1.48 and Risk Adjusted Performance of 0.0721 to double-check if risk estimate we provide are consistent with the epected return of 0.1168%.
90 Days Market Risk
Chance of Distress in 24 months
90 Days Economic Sensitivity
Responds to market
|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. 3 Months Beta |Analyze Agilent Technologies Demand TrendCheck current 30 days Agilent Technologies correlation with market (DOW)|
β = 1.2713
Agilent Technologies Central Daily Price Deviation
Agilent Technologies Technical Analysis
Agilent Technologies Projected Return Density Against MarketTaking into account the 30 trading days horizon, the stock has beta coefficient of 1.2713 . 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. Moreover, The company has an alpha of 0.0902 implying that it can potentially generate 0.0902% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Taking into account the 30 trading days horizon, the coefficient of variation of Agilent Technologies is 1438.86. The daily returns are destributed with a variance of 2.82 and standard deviation of 1.68. The mean deviation of Agilent Technologies is currently at 1.27. For similar time horizon, the selected benchmark (DOW) has volatility of 0.9
|Alpha over DOW||=||0.09|
|Beta against DOW||=||1.27|
Agilent Technologies Return Volatilitythe company accepts 1.6806% volatility on return distribution over the 30 days horizon. the entity inherits 0.9214% risk (volatility on return distribution) over the 30 days horizon.
Agilent Technologies Investment Opportunity
Agilent Technologies has a volatility of 1.68 and is 1.83 times more volatile than DOW. 15% of all equities and portfolios are less risky than Agilent Technologies. Compared to the overall equity markets, volatility of historical daily returns of Agilent Technologies is lower than 15 (%) of all global equities and portfolios over the last 30 days. Use Agilent Technologies to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Agilent Technologies to be traded at $77.09 in 30 days. . As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Agilent Technologies will likely underperform.
Agilent Technologies correlation with market
Agilent Technologies Current Risk Indicators
|Risk Adjusted Performance||0.0721|
|Market Risk Adjusted Performance||0.0994|
|Coefficient Of Variation||1330.12|
Agilent Technologies Suggested Diversification Pairs