Amg Advanced Metallurgical Stock Market Value
| AMVMF Stock | USD 16.00 0.04 0.25% |
| 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 pink sheet 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.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in AMG Advanced on October 26, 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 30 days. AMG Advanced is related to or competes with Mundoro Capital. 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 pink sheet 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.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 29.47 | |||
| Value At Risk | (5.60) | |||
| Potential Upside | 4.66 |
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 | 0.0061 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (0.03) |
AMG Advanced Metallu Backtested Returns
AMG Advanced Metallu secures Sharpe Ratio (or Efficiency) of -0.0017, which signifies that the company had a -0.0017% return per unit of risk over the last 3 months. AMG Advanced Metallurgical exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AMG Advanced's Standard Deviation of 3.95, mean deviation of 1.81, and Risk Adjusted Performance of 0.0061 to double-check the risk estimate we provide. 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, AMG Advanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding AMG Advanced is expected to be smaller as well. At this point, AMG Advanced Metallu has a negative expected return of -0.007%. Please make sure to confirm AMG Advanced's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if AMG Advanced Metallu performance from the past will be repeated in the future.
Auto-correlation | 0.27 |
Poor predictability
AMG Advanced Metallurgical has poor predictability. Overlapping area represents the amount of predictability between AMG Advanced time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 0.27 indicates that nearly 27.0% of current AMG Advanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
AMG Advanced Metallu lagged returns against current returns
Autocorrelation, which is AMG Advanced pink sheet'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 pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMG Advanced pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMG Advanced pink sheet 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 pink sheet 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 pink sheet 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 |
Currently Active Assets on Macroaxis
Other Information on Investing in AMG Pink Sheet
AMG Advanced financial ratios help investors to determine whether AMG Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AMG with respect to the benefits of owning AMG Advanced security.