AMG Advanced (Netherlands) Market Value
| AMG Stock | EUR 14.97 0.01 0.07% |
| 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.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in AMG Advanced on January 31, 2024 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 300 days. AMG Advanced is related to or competes with BE Semiconductor, TKH Group, OCI NV, Aalberts Industries, and ASM International. AMG Advanced Metallurgical Group N.V. produces and sells engineered specialty metals and mineral products 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.
| Downside Deviation | 2.44 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 12.31 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 4.5 |
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 | 0.0135 | |||
| Jensen Alpha | 0.0876 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.02) |
AMG Advanced Metallu Backtested Returns
Currently, AMG Advanced Metallurgical is not too volatile. AMG Advanced Metallu secures Sharpe Ratio (or Efficiency) of 0.0085, which signifies that the company had a 0.0085% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AMG Advanced Metallurgical, which you can use to evaluate the volatility of the firm. Please confirm AMG Advanced's Mean Deviation of 1.9, downside deviation of 2.44, and Risk Adjusted Performance of 0.0135 to double-check if the risk estimate we provide is consistent with the expected return of 0.0216%. The firm shows a Beta (market volatility) of -0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AMG Advanced are expected to decrease at a much lower rate. During the bear market, AMG Advanced is likely to outperform the market. AMG Advanced Metallu at this time shows a risk of 2.55%. Please confirm AMG Advanced Metallu coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if AMG Advanced Metallu will be following its price patterns.
Auto-correlation | 0.07 |
Virtually no predictability
AMG Advanced Metallurgical has virtually no predictability. Overlapping area represents the amount of predictability between AMG Advanced time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 0.07 indicates that barely 7.0% of current AMG Advanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.73 |
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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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.