Amdocs Stock Market Value
| DOX Stock | USD 85.20 1.47 1.76% |
| Symbol | Amdocs |
Amdocs Price To Book Ratio
Is IT Consulting & Other 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 Amdocs. If investors know Amdocs 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 Amdocs 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 (0.11) | Dividend Share 1.872 | Earnings Share 4.29 | Revenue Per Share 43.337 | Quarterly Revenue Growth 0.017 |
The market value of Amdocs is measured differently than its book value, which is the value of Amdocs that is recorded on the company's balance sheet. Investors also form their own opinion of Amdocs' value that differs from its market value or its book value, called intrinsic value, which is Amdocs' 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 Amdocs' market value can be influenced by many factors that don't directly affect Amdocs' 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 Amdocs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amdocs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amdocs' 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.
Amdocs '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 Amdocs' 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 Amdocs.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in Amdocs on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding Amdocs or generate 0.0% return on investment in Amdocs over 720 days. Amdocs is related to or competes with CyberArk Software, F5 Networks, Qualys, VeriSign, Evertec, Consensus Cloud, and Global Blue. Amdocs Limited, through its subsidiaries, provides software and services worldwide More
Amdocs 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 Amdocs' 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 Amdocs upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 7.31 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 1.68 |
Amdocs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amdocs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amdocs' standard deviation. In reality, there are many statistical measures that can use Amdocs historical prices to predict the future Amdocs' volatility.| Risk Adjusted Performance | 0.0072 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.01) |
Amdocs Backtested Returns
At this stage we consider Amdocs Stock to be very steady. Amdocs secures Sharpe Ratio (or Efficiency) of 0.0095, which signifies that the company had a 0.0095% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Amdocs, which you can use to evaluate the volatility of the firm. Please confirm Amdocs' risk adjusted performance of 0.0072, and Mean Deviation of 0.774 to double-check if the risk estimate we provide is consistent with the expected return of 0.0108%. The firm shows a Beta (market volatility) of 0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amdocs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Amdocs is expected to be smaller as well. Amdocs right now shows a risk of 1.13%. Please confirm Amdocs potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if Amdocs will be following its price patterns.
Auto-correlation | -0.43 |
Modest reverse predictability
Amdocs has modest reverse predictability. Overlapping area represents the amount of predictability between Amdocs time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st 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 Amdocs price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Amdocs price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 18.99 |
Amdocs lagged returns against current returns
Autocorrelation, which is Amdocs 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 Amdocs' stock expected returns. We can calculate the autocorrelation of Amdocs returns to help us make a trade decision. For example, suppose you find that Amdocs 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 |
Amdocs 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 Amdocs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amdocs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amdocs stock over time.
Current vs Lagged Prices |
| Timeline |
Amdocs Lagged Returns
When evaluating Amdocs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amdocs stock have on its future price. Amdocs 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, Amdocs autocorrelation shows the relationship between Amdocs stock current value and its past values and can show if there is a momentum factor associated with investing in Amdocs.
Regressed Prices |
| Timeline |
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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 Amdocs Stock Analysis
When running Amdocs' price analysis, check to measure Amdocs' 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 Amdocs is operating at the current time. Most of Amdocs' value examination focuses on studying past and present price action to predict the probability of Amdocs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amdocs' price. Additionally, you may evaluate how the addition of Amdocs to your portfolios can decrease your overall portfolio volatility.