Agilent Technologies Stock Probability of Future Stock Price Finishing Under 137.97
| A Stock | USD 136.10 1.50 1.11% |
Agilent |
Agilent Technologies Target Price Odds to finish below 137.97
The tendency of Agilent Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 137.97 after 90 days |
| 136.10 | 90 days | 137.97 | about 51.37 |
Based on a normal probability distribution, the odds of Agilent Technologies to stay under $ 137.97 after 90 days from now is about 51.37 (This Agilent Technologies probability density function shows the probability of Agilent Stock to fall within a particular range of prices over 90 days) . Probability of Agilent Technologies price to stay between its current price of $ 136.10 and $ 137.97 at the end of the 90-day period is about 13.32 .
Taking into account the 90-day investment horizon Agilent Technologies has a beta of 0.48. This suggests as returns on the market go up, Agilent Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Agilent Technologies will be expected to be much smaller as well. Additionally Agilent Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Agilent Technologies Price Density |
| Price |
Predictive Modules for Agilent Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Agilent Technologies. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Agilent Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Agilent Technologies is not an exception. The market had few large corrections towards the Agilent Technologies' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Agilent Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Agilent Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.48 | |
σ | Overall volatility | 5.53 | |
Ir | Information ratio | -0.04 |
Agilent Technologies Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Agilent Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Agilent Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Agilent Technologies generated a negative expected return over the last 90 days | |
| Agilent Technologies is unlikely to experience financial distress in the next 2 years | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from benzinga.com: Insider Trading |
Agilent Technologies Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Agilent Stock often depends not only on the future outlook of the current and potential Agilent Technologies' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Agilent Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 291 M | |
| Cash And Short Term Investments | 1.3 B |
Agilent Technologies Technical Analysis
Agilent Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Agilent Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Agilent Technologies. In general, you should focus on analyzing Agilent Stock price patterns and their correlations with different microeconomic environments and drivers.
Agilent Technologies Predictive Forecast Models
Agilent Technologies' time-series forecasting models is one of many Agilent Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Agilent Technologies' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Agilent Technologies
Checking the ongoing alerts about Agilent Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Agilent Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Agilent Technologies generated a negative expected return over the last 90 days | |
| Agilent Technologies is unlikely to experience financial distress in the next 2 years | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from benzinga.com: Insider Trading |
Check out Agilent Technologies Backtesting, Agilent Technologies Valuation, Agilent Technologies Correlation, Agilent Technologies Hype Analysis, Agilent Technologies Volatility, Agilent Technologies History as well as Agilent Technologies Performance. For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agilent Technologies. If investors know Agilent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agilent Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.569 | Earnings Share 4.42 | Revenue Per Share 22.269 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0758 |
The market value of Agilent Technologies is measured differently than its book value, which is the value of Agilent that is recorded on the company's balance sheet. Investors also form their own opinion of Agilent Technologies' value that differs from its market value or its book value, called intrinsic value, which is Agilent Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agilent Technologies' market value can be influenced by many factors that don't directly affect Agilent Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agilent Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agilent Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agilent Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.