AMG Advanced (UK) Market Value
| 0LO9 Stock | 14.86 0.06 0.40% |
| Symbol | AMG |
AMG Advanced '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 AMG Advanced's stock 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 AMG Advanced.
| 12/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in AMG Advanced on December 28, 2023 and sell it all today you would earn a total of 0.00 from holding AMG Advanced Metallurgical or generate 0.0% return on investment in AMG Advanced over 330 days. AMG Advanced is related to or competes with Quadrise Plc, Intuitive Investments, European Metals, and Athelney Trust. AMG Advanced is entity of United Kingdom More
AMG Advanced 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 AMG Advanced's stock 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 AMG Advanced Metallurgical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 11.31 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 4.54 |
AMG Advanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMG Advanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMG Advanced's standard deviation. In reality, there are many statistical measures that can use AMG Advanced historical prices to predict the future AMG Advanced's volatility.| Risk Adjusted Performance | (0.0003) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.04) |
AMG Advanced Metallu Backtested Returns
AMG Advanced Metallu secures Sharpe Ratio (or Efficiency) of -0.0078, which signifies that the company had a -0.0078% return per unit of risk over the last 3 months. AMG Advanced Metallurgical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AMG Advanced's Mean Deviation of 1.92, standard deviation of 2.47, and Risk Adjusted Performance of (0.0003) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.92, which signifies possible diversification benefits within a given portfolio. AMG Advanced returns are very sensitive to returns on the market. As the market goes up or down, AMG Advanced is expected to follow. At this point, AMG Advanced Metallu has a negative expected return of -0.0194%. Please make sure to confirm AMG Advanced's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if AMG Advanced Metallu performance from the past will be repeated in the future.
Auto-correlation | 0.41 |
Average predictability
AMG Advanced Metallurgical has average predictability. Overlapping area represents the amount of predictability between AMG Advanced time series from 28th of December 2023 to 10th of June 2024 and 10th of June 2024 to 22nd 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 AMG Advanced Metallu price movement. The serial correlation of 0.41 indicates that just about 41.0% of current AMG Advanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.93 |
AMG Advanced Metallu lagged returns against current returns
Autocorrelation, which is AMG Advanced stock'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 AMG Advanced's stock expected returns. We can calculate the autocorrelation of AMG Advanced returns to help us make a trade decision. For example, suppose you find that AMG Advanced has exhibited high autocorrelation historically, and you observe that the stock 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 |
AMG Advanced 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 AMG Advanced stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMG Advanced stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMG Advanced stock over time.
Current vs Lagged Prices |
| Timeline |
AMG Advanced Lagged Returns
When evaluating AMG Advanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMG Advanced stock have on its future price. AMG Advanced 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, AMG Advanced autocorrelation shows the relationship between AMG Advanced stock current value and its past values and can show if there is a momentum factor associated with investing in AMG Advanced Metallurgical.
Regressed Prices |
| Timeline |
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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.Additional Tools for AMG Stock Analysis
When running AMG Advanced's price analysis, check to measure AMG Advanced'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 AMG Advanced is operating at the current time. Most of AMG Advanced's value examination focuses on studying past and present price action to predict the probability of AMG Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMG Advanced's price. Additionally, you may evaluate how the addition of AMG Advanced to your portfolios can decrease your overall portfolio volatility.