Amn Healthcare Services Stock Market Value
| AMN Stock | USD 26.80 0.30 1.11% |
| Symbol | AMN |
AMN Healthcare Services Price To Book Ratio
Is Health Care Providers & Services 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 AMN Healthcare. If investors know AMN 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 AMN Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share 1.5 | Revenue Per Share | Quarterly Revenue Growth (0.19) | Return On Assets |
The market value of AMN Healthcare Services is measured differently than its book value, which is the value of AMN that is recorded on the company's balance sheet. Investors also form their own opinion of AMN Healthcare's value that differs from its market value or its book value, called intrinsic value, which is AMN Healthcare'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 AMN Healthcare's market value can be influenced by many factors that don't directly affect AMN Healthcare'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 AMN Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMN Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMN Healthcare'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.
AMN Healthcare '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 AMN Healthcare'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 AMN Healthcare.
| 07/02/2023 |
| 01/22/2025 |
If you would invest 0.00 in AMN Healthcare on July 2, 2023 and sell it all today you would earn a total of 0.00 from holding AMN Healthcare Services or generate 0.0% return on investment in AMN Healthcare over 570 days. AMN Healthcare is related to or competes with Option Care, Addus HomeCare, Acadia Healthcare, Encompass Health, Select Medical, Ensign, and Universal Health. AMN Healthcare Services, Inc. provides healthcare workforce solutions and staffing services to hospitals and healthcare ... More
AMN Healthcare 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 AMN Healthcare'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 AMN Healthcare Services upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 33.44 | |||
| Value At Risk | (5.70) | |||
| Potential Upside | 5.11 |
AMN Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMN Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMN Healthcare's standard deviation. In reality, there are many statistical measures that can use AMN Healthcare historical prices to predict the future AMN Healthcare's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (1.18) |
AMN Healthcare Services Backtested Returns
AMN Healthcare Services secures Sharpe Ratio (or Efficiency) of -0.0941, which signifies that the company had a -0.0941 % return per unit of return volatility over the last 3 months. AMN Healthcare Services exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AMN Healthcare's Risk Adjusted Performance of (0.07), mean deviation of 3.08, and Coefficient Of Variation of (1,047) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AMN Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding AMN Healthcare is expected to be smaller as well. At this point, AMN Healthcare Services has a negative expected return of -0.49%. Please make sure to confirm AMN Healthcare's total risk alpha, as well as the relationship between the kurtosis and day typical price , to decide if AMN Healthcare Services performance from the past will be repeated in the future.
Auto-correlation | 0.66 |
Good predictability
AMN Healthcare Services has good predictability. Overlapping area represents the amount of predictability between AMN Healthcare time series from 2nd of July 2023 to 12th of April 2024 and 12th of April 2024 to 22nd of January 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 AMN Healthcare Services price movement. The serial correlation of 0.66 indicates that around 66.0% of current AMN Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 168.82 |
AMN Healthcare Services lagged returns against current returns
Autocorrelation, which is AMN Healthcare 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 AMN Healthcare's stock expected returns. We can calculate the autocorrelation of AMN Healthcare returns to help us make a trade decision. For example, suppose you find that AMN Healthcare 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 |
AMN Healthcare 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 AMN Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMN Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMN Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
AMN Healthcare Lagged Returns
When evaluating AMN Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMN Healthcare stock have on its future price. AMN Healthcare 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, AMN Healthcare autocorrelation shows the relationship between AMN Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in AMN Healthcare Services.
Regressed Prices |
| Timeline |
When determining whether AMN Healthcare Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AMN Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amn Healthcare Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amn Healthcare Services Stock:
Check out AMN Healthcare Correlation, AMN Healthcare Volatility and AMN Healthcare Alpha and Beta module to complement your research on AMN Healthcare. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
AMN Healthcare 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.