Abstract: The present disclosure generally pertains to signal analysis systems and methods for measuring and characterizing signal attributes, such as noise. A signal analysis system comprises an optical receiver that receives an optical signal and converts the received signal into an electrical signal. A programmable frequency divider divides the frequency of the incoming electrical signal at different division ratios, and a signal analyzer analyzes the resulting signal. In this regard, by increasing the division ratio of the frequency divider and measuring the power spectral density with the signal analyzer at different division ratios, a suitable signal for determining different parameters (e.g., modulation frequency and modulation index) may be found.