Amneal Pharmaceuticals (Germany) Market Value
| 2DT Stock | EUR 7.60 0.15 1.94% |
| Symbol | Amneal |
Amneal Pharmaceuticals '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 Amneal Pharmaceuticals' 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 Amneal Pharmaceuticals.
| 02/06/2025 |
| 03/08/2025 |
If you would invest 0.00 in Amneal Pharmaceuticals on February 6, 2025 and sell it all today you would earn a total of 0.00 from holding Amneal Pharmaceuticals or generate 0.0% return on investment in Amneal Pharmaceuticals over 30 days. Amneal Pharmaceuticals is related to or competes with LINMON MEDIA, NTG Nordic, Prosiebensat, Tencent Music, Southern Cross, ATRESMEDIA, and Transport International. Amneal Pharmaceuticals, Inc., together with its subsidiaries, develops, licenses, manufactures, markets, and distributes... More
Amneal Pharmaceuticals 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 Amneal Pharmaceuticals' 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 Amneal Pharmaceuticals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0158 | |||
| Maximum Drawdown | 9.77 | |||
| Value At Risk | (3.31) | |||
| Potential Upside | 3.31 |
Amneal Pharmaceuticals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amneal Pharmaceuticals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amneal Pharmaceuticals' standard deviation. In reality, there are many statistical measures that can use Amneal Pharmaceuticals historical prices to predict the future Amneal Pharmaceuticals' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0136 | |||
| Total Risk Alpha | 0.1618 | |||
| Treynor Ratio | (0.06) |
Amneal Pharmaceuticals Backtested Returns
Amneal Pharmaceuticals secures Sharpe Ratio (or Efficiency) of -0.0147, which signifies that the company had a -0.0147 % return per unit of risk over the last 3 months. Amneal Pharmaceuticals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amneal Pharmaceuticals' Mean Deviation of 1.57, standard deviation of 2.14, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amneal Pharmaceuticals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Amneal Pharmaceuticals is expected to be smaller as well. At this point, Amneal Pharmaceuticals has a negative expected return of -0.0311%. Please make sure to confirm Amneal Pharmaceuticals' standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Amneal Pharmaceuticals performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Amneal Pharmaceuticals has poor reverse predictability. Overlapping area represents the amount of predictability between Amneal Pharmaceuticals time series from 6th of February 2025 to 21st of February 2025 and 21st of February 2025 to 8th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Amneal Pharmaceuticals price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Amneal Pharmaceuticals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Amneal Pharmaceuticals lagged returns against current returns
Autocorrelation, which is Amneal Pharmaceuticals 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 Amneal Pharmaceuticals' stock expected returns. We can calculate the autocorrelation of Amneal Pharmaceuticals returns to help us make a trade decision. For example, suppose you find that Amneal Pharmaceuticals 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 |
Amneal Pharmaceuticals 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 Amneal Pharmaceuticals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amneal Pharmaceuticals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amneal Pharmaceuticals stock over time.
Current vs Lagged Prices |
| Timeline |
Amneal Pharmaceuticals Lagged Returns
When evaluating Amneal Pharmaceuticals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amneal Pharmaceuticals stock have on its future price. Amneal Pharmaceuticals 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, Amneal Pharmaceuticals autocorrelation shows the relationship between Amneal Pharmaceuticals stock current value and its past values and can show if there is a momentum factor associated with investing in Amneal Pharmaceuticals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Amneal Stock
Amneal Pharmaceuticals financial ratios help investors to determine whether Amneal Stock 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 Amneal with respect to the benefits of owning Amneal Pharmaceuticals security.