|Horizon||30 Days Login to change|
Agilent Technologies Market Sensitivity
|As returns on market increase, Agilent Technologies returns are expected to increase less than the market. However during bear market, the loss on holding Agilent Technologies will be expected to be smaller as well.One Month Beta |Analyze Agilent Technologies Demand TrendCheck current 30 days Agilent Technologies correlation with market (DOW)|
β = 0.076
Agilent Technologies Technical Analysis
Agilent Technologies Projected Return Density Against MarketTaking into account the 30 trading days horizon, Agilent Technologies has beta of 0.076 . This suggests as returns on market go up, Agilent Technologies average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Agilent Technologies will be expected to be much smaller as well. Moreover, Agilent Technologies has an alpha of 0.0608 implying that it can potentially generate 0.0608% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Agilent Technologies Return VolatilityAgilent Technologies accepts 1.3621% volatility on return distribution over the 30 days horizon. DOW inherits 1.0479% risk (volatility on return distribution) over the 30 days horizon.