Ametek Inc Stock Market Value
| AME Stock | USD 197.38 1.62 0.83% |
| Symbol | Ametek |
Ametek Inc Price To Book Ratio
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ametek. If investors know Ametek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ametek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.09 | Earnings Share 5.74 | Revenue Per Share 29.894 | Quarterly Revenue Growth 0.053 | Return On Assets 0.0789 |
The market value of Ametek Inc is measured differently than its book value, which is the value of Ametek that is recorded on the company's balance sheet. Investors also form their own opinion of Ametek's value that differs from its market value or its book value, called intrinsic value, which is Ametek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ametek's market value can be influenced by many factors that don't directly affect Ametek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ametek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ametek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ametek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Ametek '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 Ametek'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 Ametek.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Ametek on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Ametek Inc or generate 0.0% return on investment in Ametek over 270 days. Ametek is related to or competes with Graco, Franklin Electric, Flowserve, Donaldson, Illinois Tool, Pentair PLC, and Parker Hannifin. AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices worldwide More
Ametek 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 Ametek'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 Ametek Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.1041 | |||
| Maximum Drawdown | 11.22 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.32 |
Ametek Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ametek's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ametek's standard deviation. In reality, there are many statistical measures that can use Ametek historical prices to predict the future Ametek's volatility.| Risk Adjusted Performance | 0.1534 | |||
| Jensen Alpha | 0.1892 | |||
| Total Risk Alpha | 0.043 | |||
| Sortino Ratio | 0.1361 | |||
| Treynor Ratio | 0.3947 |
Ametek Inc Backtested Returns
Ametek appears to be very steady, given 3 months investment horizon. Ametek Inc secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Ametek Inc, which you can use to evaluate the volatility of the firm. Please makes use of Ametek's mean deviation of 0.8145, and Risk Adjusted Performance of 0.1534 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ametek holds a performance score of 14. The firm shows a Beta (market volatility) of 0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ametek's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ametek is expected to be smaller as well. Please check Ametek's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Ametek's price patterns will revert.
Auto-correlation | -0.61 |
Very good reverse predictability
Ametek Inc has very good reverse predictability. Overlapping area represents the amount of predictability between Ametek time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 Ametek Inc price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Ametek price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 101.06 |
Ametek Inc lagged returns against current returns
Autocorrelation, which is Ametek 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 Ametek's stock expected returns. We can calculate the autocorrelation of Ametek returns to help us make a trade decision. For example, suppose you find that Ametek 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 |
Ametek 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 Ametek stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ametek stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ametek stock over time.
Current vs Lagged Prices |
| Timeline |
Ametek Lagged Returns
When evaluating Ametek's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ametek stock have on its future price. Ametek 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, Ametek autocorrelation shows the relationship between Ametek stock current value and its past values and can show if there is a momentum factor associated with investing in Ametek 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.When determining whether Ametek Inc is a strong investment it is important to analyze Ametek's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ametek's future performance. For an informed investment choice regarding Ametek Stock, refer to the following important reports:Check out Ametek Correlation, Ametek Volatility and Ametek Alpha and Beta module to complement your research on Ametek. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Ametek 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.