Amtd Idea Group Stock Market Value
| AMTD Stock | USD 1.26 0.07 5.88% |
| Symbol | AMTD |
AMTD IDEA Group Price To Book Ratio
Is Asset Management & Custody Banks 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 AMTD IDEA. If investors know AMTD 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 AMTD IDEA 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 (0.44) | Earnings Share 2.22 | Revenue Per Share 2.03 | Quarterly Revenue Growth 1.192 | Return On Assets 0.1204 |
The market value of AMTD IDEA Group is measured differently than its book value, which is the value of AMTD that is recorded on the company's balance sheet. Investors also form their own opinion of AMTD IDEA's value that differs from its market value or its book value, called intrinsic value, which is AMTD IDEA'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 AMTD IDEA's market value can be influenced by many factors that don't directly affect AMTD IDEA'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 AMTD IDEA's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMTD IDEA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMTD IDEA'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.
AMTD IDEA '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 AMTD IDEA'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 AMTD IDEA.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in AMTD IDEA on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding AMTD IDEA Group or generate 0.0% return on investment in AMTD IDEA over 480 days. AMTD IDEA is related to or competes with Franklin Resources, Janus Henderson, State Street, Northern Trust, Principal Financial, Affiliated Managers, and Invesco Plc. AMTD IDEA Group, an investment holding company, engages in investment banking activities in Hong Kong, Mainland China, t... More
AMTD IDEA 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 AMTD IDEA'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 AMTD IDEA Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.45 | |||
| Information Ratio | 0.0037 | |||
| Maximum Drawdown | 20.55 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 6.92 |
AMTD IDEA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMTD IDEA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMTD IDEA's standard deviation. In reality, there are many statistical measures that can use AMTD IDEA historical prices to predict the future AMTD IDEA's volatility.| Risk Adjusted Performance | 0.0349 | |||
| Jensen Alpha | 0.0289 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | 0.0045 | |||
| Treynor Ratio | 0.1533 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AMTD IDEA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
AMTD IDEA Group Backtested Returns
AMTD IDEA Group secures Sharpe Ratio (or Efficiency) of -0.0041, which signifies that the company had a -0.0041% return per unit of risk over the last 3 months. AMTD IDEA Group exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AMTD IDEA's mean deviation of 3.18, and Risk Adjusted Performance of 0.0349 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. AMTD IDEA returns are very sensitive to returns on the market. As the market goes up or down, AMTD IDEA is expected to follow. At this point, AMTD IDEA Group has a negative expected return of -0.0166%. Please make sure to confirm AMTD IDEA's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if AMTD IDEA Group performance from the past will be repeated at future time.
Auto-correlation | 0.82 |
Very good predictability
AMTD IDEA Group has very good predictability. Overlapping area represents the amount of predictability between AMTD IDEA time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 AMTD IDEA Group price movement. The serial correlation of 0.82 indicates that around 82.0% of current AMTD IDEA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
AMTD IDEA Group lagged returns against current returns
Autocorrelation, which is AMTD IDEA 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 AMTD IDEA's stock expected returns. We can calculate the autocorrelation of AMTD IDEA returns to help us make a trade decision. For example, suppose you find that AMTD IDEA 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 |
AMTD IDEA 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 AMTD IDEA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMTD IDEA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMTD IDEA stock over time.
Current vs Lagged Prices |
| Timeline |
AMTD IDEA Lagged Returns
When evaluating AMTD IDEA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMTD IDEA stock have on its future price. AMTD IDEA 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, AMTD IDEA autocorrelation shows the relationship between AMTD IDEA stock current value and its past values and can show if there is a momentum factor associated with investing in AMTD IDEA Group.
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 AMTD IDEA Group is a strong investment it is important to analyze AMTD IDEA'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 AMTD IDEA's future performance. For an informed investment choice regarding AMTD Stock, refer to the following important reports:Check out AMTD IDEA Correlation, AMTD IDEA Volatility and AMTD IDEA Alpha and Beta module to complement your research on AMTD IDEA. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
AMTD IDEA 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.