Ameriprise Financial (Mexico) Market Value
| AMP Stock | 11,582 2,293 24.68% |
| Symbol | Ameriprise |
Ameriprise Financial '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 Ameriprise Financial'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 Ameriprise Financial.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Ameriprise Financial on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Ameriprise Financial or generate 0.0% return on investment in Ameriprise Financial over 510 days. Ameriprise Financial is related to or competes with Southwest Airlines, Deutsche Bank, Genworth Financial, New Oriental, Verizon Communications, GMxico Transportes, and Cognizant Technology. More
Ameriprise Financial 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 Ameriprise Financial'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 Ameriprise Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1605 | |||
| Maximum Drawdown | 17.8 | |||
| Potential Upside | 2.1 |
Ameriprise Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ameriprise Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ameriprise Financial's standard deviation. In reality, there are many statistical measures that can use Ameriprise Financial historical prices to predict the future Ameriprise Financial's volatility.| Risk Adjusted Performance | 0.1576 | |||
| Jensen Alpha | 0.6175 | |||
| Total Risk Alpha | 0.1378 | |||
| Treynor Ratio | 0.9875 |
Ameriprise Financial Backtested Returns
Ameriprise Financial appears to be very steady, given 3 months investment horizon. Ameriprise Financial secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of standard deviation over the last 3 months. By analyzing Ameriprise Financial's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please makes use of Ameriprise Financial's mean deviation of 1.41, and Risk Adjusted Performance of 0.1576 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ameriprise Financial holds a performance score of 12. The firm shows a Beta (market volatility) of 0.71, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ameriprise Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ameriprise Financial is expected to be smaller as well. Please check Ameriprise Financial's jensen alpha, kurtosis, and the relationship between the variance and potential upside , to make a quick decision on whether Ameriprise Financial's price patterns will revert.
Auto-correlation | 0.88 |
Very good predictability
Ameriprise Financial has very good predictability. Overlapping area represents the amount of predictability between Ameriprise Financial time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Ameriprise Financial price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Ameriprise Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 831 K |
Ameriprise Financial lagged returns against current returns
Autocorrelation, which is Ameriprise Financial 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 Ameriprise Financial's stock expected returns. We can calculate the autocorrelation of Ameriprise Financial returns to help us make a trade decision. For example, suppose you find that Ameriprise Financial 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 |
Ameriprise Financial 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 Ameriprise Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ameriprise Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ameriprise Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Ameriprise Financial Lagged Returns
When evaluating Ameriprise Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ameriprise Financial stock have on its future price. Ameriprise Financial 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, Ameriprise Financial autocorrelation shows the relationship between Ameriprise Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Ameriprise Financial.
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.Additional Tools for Ameriprise Stock Analysis
When running Ameriprise Financial's price analysis, check to measure Ameriprise Financial'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 Ameriprise Financial is operating at the current time. Most of Ameriprise Financial's value examination focuses on studying past and present price action to predict the probability of Ameriprise Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ameriprise Financial's price. Additionally, you may evaluate how the addition of Ameriprise Financial to your portfolios can decrease your overall portfolio volatility.