KEYSIGHT TECHNOLOGIES INC Market Value
| 49338LAE3 | 96.92 2.89 2.90% |
| Symbol | KEYSIGHT |
KEYSIGHT 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to KEYSIGHT's bond what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of KEYSIGHT.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in KEYSIGHT on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding KEYSIGHT TECHNOLOGIES INC or generate 0.0% return on investment in KEYSIGHT over 90 days. KEYSIGHT is related to or competes with Cumulus Media, Meiwu Technology, LB Foster, Ryanair Holdings, Hafnia, Coupang LLC, and Weyco. More
KEYSIGHT Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure KEYSIGHT's bond current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess KEYSIGHT TECHNOLOGIES INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 1.9 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 0.4895 |
KEYSIGHT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KEYSIGHT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KEYSIGHT's standard deviation. In reality, there are many statistical measures that can use KEYSIGHT historical prices to predict the future KEYSIGHT's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.32) |
KEYSIGHT TECHNOLOGIES INC Backtested Returns
KEYSIGHT TECHNOLOGIES INC has Sharpe Ratio of -0.11, which conveys that the entity had a -0.11% return per unit of standard deviation over the last 3 months. KEYSIGHT exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KEYSIGHT's Risk Adjusted Performance of (0.09), market risk adjusted performance of (0.31), and Mean Deviation of 0.258 to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, KEYSIGHT's returns are expected to increase less than the market. However, during the bear market, the loss of holding KEYSIGHT is expected to be smaller as well.
Auto-correlation | -0.06 |
Very weak reverse predictability
KEYSIGHT TECHNOLOGIES INC has very weak reverse predictability. Overlapping area represents the amount of predictability between KEYSIGHT time series from 30th of August 2024 to 14th of October 2024 and 14th of October 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of KEYSIGHT TECHNOLOGIES INC price movement. The serial correlation of -0.06 indicates that barely 6.0% of current KEYSIGHT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
KEYSIGHT TECHNOLOGIES INC lagged returns against current returns
Autocorrelation, which is KEYSIGHT bond's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting KEYSIGHT's bond expected returns. We can calculate the autocorrelation of KEYSIGHT returns to help us make a trade decision. For example, suppose you find that KEYSIGHT has exhibited high autocorrelation historically, and you observe that the bond is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
KEYSIGHT regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If KEYSIGHT bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KEYSIGHT bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KEYSIGHT bond over time.
Current vs Lagged Prices |
| Timeline |
KEYSIGHT Lagged Returns
When evaluating KEYSIGHT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KEYSIGHT bond have on its future price. KEYSIGHT autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, KEYSIGHT autocorrelation shows the relationship between KEYSIGHT bond current value and its past values and can show if there is a momentum factor associated with investing in KEYSIGHT TECHNOLOGIES INC.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in KEYSIGHT Bond
KEYSIGHT financial ratios help investors to determine whether KEYSIGHT Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in KEYSIGHT with respect to the benefits of owning KEYSIGHT security.