Amtd Idea Group Stock Price on December 31, 2023
AMTD Stock | USD 1.26 0.07 5.88% |
If you're considering investing in AMTD Stock, it is important to understand the factors that can impact its price. As of today, the current price of AMTD IDEA stands at 1.26, as last reported on the 24th of November, with the highest price reaching 1.27 and the lowest price hitting 1.17 during the day. AMTD IDEA Group secures Sharpe Ratio (or Efficiency) of -0.0041, which signifies that the company had a -0.0041% return per unit of risk over the last 3 months. AMTD IDEA Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AMTD IDEA's mean deviation of 3.03, and Risk Adjusted Performance of 0.0049 to double-check the risk estimate we provide.
AMTD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AMTD |
Sharpe Ratio = -0.0041
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Estimated Market Risk
4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AMTD IDEA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AMTD IDEA by adding AMTD IDEA to a well-diversified portfolio.
AMTD IDEA Valuation on December 31, 2023
It is possible to determine the worth of AMTD IDEA on a given historical date. On December 31, 2023 AMTD was worth 1.9 at the beginning of the trading date compared to the closed value of 1.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AMTD IDEA stock. Still, in general, we apply an absolute valuation method to find AMTD IDEA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of AMTD IDEA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AMTD IDEA's related companies.
Open | High | Low | Close | Volume | |
1.81 | 1.94 | 1.78 | 1.87 | 81,800 | |
12/29/2023 | 1.90 | 1.90 | 1.70 | 1.80 | 96,200 |
1.80 | 1.88 | 1.77 | 1.83 | 26,500 |
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AMTD IDEA Trading Date Momentum on December 31, 2023
On January 02 2024 AMTD IDEA Group was traded for 1.83 at the closing time. The top price for the day was 1.88 and the lowest listed price was 1.77 . The trading volume for the day was 26.5 K. The trading history from January 2, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.67% . The overall trading delta against the current closing price is 0.00% . |
AMTD IDEA Group Fundamentals Correlations and Trends
By evaluating AMTD IDEA's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AMTD IDEA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AMTD financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AMTD IDEA Stock history
AMTD IDEA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for AMTD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AMTD IDEA Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing AMTD IDEA stock prices may prove useful in developing a viable investing in AMTD IDEA
AMTD IDEA Group, an investment holding company, engages in investment banking activities in Hong Kong, Mainland China, the United States, and internationally. AMTD IDEA Group operates as a subsidiary of AMTD Group Company Limited. Amtd Idea operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs people.
AMTD IDEA Stock Technical Analysis
AMTD IDEA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
AMTD IDEA Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
AMTD IDEA Group cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
AMTD IDEA November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how AMTD IDEA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AMTD IDEA shares will generate the highest return on investment. By undertsting and applying AMTD IDEA stock market strength indicators, traders can identify AMTD IDEA Group entry and exit signals to maximize returns
AMTD IDEA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AMTD IDEA's price direction in advance. Along with the technical and fundamental analysis of AMTD Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AMTD to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0049 | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.66) | |||
Treynor Ratio | (0.07) |
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Complementary Tools for AMTD Stock analysis
When running AMTD IDEA's price analysis, check to measure AMTD IDEA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AMTD IDEA is operating at the current time. Most of AMTD IDEA's value examination focuses on studying past and present price action to predict the probability of AMTD IDEA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMTD IDEA's price. Additionally, you may evaluate how the addition of AMTD IDEA to your portfolios can decrease your overall portfolio volatility.
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