Amentum Holdings Stock Market Value
| AMTM Stock | 24.43 0.33 1.33% |
| Symbol | Amentum |
Is Research & Consulting 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 Amentum Holdings. If investors know Amentum 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 Amentum Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Amentum Holdings is measured differently than its book value, which is the value of Amentum that is recorded on the company's balance sheet. Investors also form their own opinion of Amentum Holdings' value that differs from its market value or its book value, called intrinsic value, which is Amentum Holdings' 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 Amentum Holdings' market value can be influenced by many factors that don't directly affect Amentum Holdings' 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 Amentum Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amentum Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amentum Holdings' 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.
Amentum Holdings '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 Amentum Holdings' 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 Amentum Holdings.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Amentum Holdings on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Amentum Holdings or generate 0.0% return on investment in Amentum Holdings over 480 days. Amentum Holdings is related to or competes with China Aircraft, Academy Sports, Willscot Mobile, Hertz Global, Ryanair Holdings, and Old Dominion. Amentum Holdings is entity of United States More
Amentum Holdings 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 Amentum Holdings' 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 Amentum Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 45.79 | |||
| Value At Risk | (9.64) | |||
| Potential Upside | 5.5 |
Amentum Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amentum Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amentum Holdings' standard deviation. In reality, there are many statistical measures that can use Amentum Holdings historical prices to predict the future Amentum Holdings' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (1.25) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amentum Holdings' 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.
Amentum Holdings Backtested Returns
Amentum Holdings secures Sharpe Ratio (or Efficiency) of -0.0359, which signifies that the company had a -0.0359% return per unit of standard deviation over the last 3 months. Amentum Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amentum Holdings' risk adjusted performance of (0.02), and Mean Deviation of 4.1 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.87, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Amentum Holdings will likely underperform. At this point, Amentum Holdings has a negative expected return of -0.23%. Please make sure to confirm Amentum Holdings' skewness, and the relationship between the total risk alpha and day median price , to decide if Amentum Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Amentum Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Amentum Holdings 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 Amentum Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Amentum Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Amentum Holdings lagged returns against current returns
Autocorrelation, which is Amentum Holdings 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 Amentum Holdings' stock expected returns. We can calculate the autocorrelation of Amentum Holdings returns to help us make a trade decision. For example, suppose you find that Amentum Holdings 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 |
Amentum Holdings 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 Amentum Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amentum Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amentum Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Amentum Holdings Lagged Returns
When evaluating Amentum Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amentum Holdings stock have on its future price. Amentum Holdings 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, Amentum Holdings autocorrelation shows the relationship between Amentum Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Amentum Holdings.
Regressed Prices |
| Timeline |
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Amentum Holdings 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.