Amtd Digital Stock Market Value
| HKD Stock | USD 3.10 0.12 4.03% |
| Symbol | AMTD |
AMTD Digital Price To Book Ratio
Is Application Software 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 Digital. 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 Digital 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 1.696 | Earnings Share 0.33 | Revenue Per Share 0.145 | Quarterly Revenue Growth (0.38) | Return On Assets 0.0061 |
The market value of AMTD Digital 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 Digital's value that differs from its market value or its book value, called intrinsic value, which is AMTD Digital'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 Digital's market value can be influenced by many factors that don't directly affect AMTD Digital'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 Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMTD Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMTD Digital'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 Digital '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 Digital'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 Digital.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in AMTD Digital on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding AMTD Digital or generate 0.0% return on investment in AMTD Digital over 30 days. AMTD Digital is related to or competes with OLB. AMTD Digital Inc., through its subsidiaries, designs and develops a digital platform to provide financial, media, conten... More
AMTD Digital 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 Digital'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 Digital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.51 | |||
| Information Ratio | 0.0184 | |||
| Maximum Drawdown | 49.98 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 13.01 |
AMTD Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMTD Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMTD Digital's standard deviation. In reality, there are many statistical measures that can use AMTD Digital historical prices to predict the future AMTD Digital's volatility.| Risk Adjusted Performance | 0.0368 | |||
| Jensen Alpha | 0.2403 | |||
| Total Risk Alpha | (0.90) | |||
| Sortino Ratio | 0.0245 | |||
| Treynor Ratio | 1.98 |
AMTD Digital Backtested Returns
AMTD Digital appears to be dangerous, given 3 months investment horizon. AMTD Digital secures Sharpe Ratio (or Efficiency) of 0.0441, which signifies that the company had a 0.0441% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AMTD Digital, which you can use to evaluate the volatility of the firm. Please makes use of AMTD Digital's risk adjusted performance of 0.0368, and Mean Deviation of 4.38 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AMTD Digital holds a performance score of 3. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AMTD Digital's returns are expected to increase less than the market. However, during the bear market, the loss of holding AMTD Digital is expected to be smaller as well. Please check AMTD Digital's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether AMTD Digital's price patterns will revert.
Auto-correlation | 0.19 |
Very weak predictability
AMTD Digital has very weak predictability. Overlapping area represents the amount of predictability between AMTD Digital 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 AMTD Digital price movement. The serial correlation of 0.19 indicates that over 19.0% of current AMTD Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
AMTD Digital lagged returns against current returns
Autocorrelation, which is AMTD Digital 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 Digital's stock expected returns. We can calculate the autocorrelation of AMTD Digital returns to help us make a trade decision. For example, suppose you find that AMTD Digital 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 Digital 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 Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMTD Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMTD Digital stock over time.
Current vs Lagged Prices |
| Timeline |
AMTD Digital Lagged Returns
When evaluating AMTD Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMTD Digital stock have on its future price. AMTD Digital 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 Digital autocorrelation shows the relationship between AMTD Digital stock current value and its past values and can show if there is a momentum factor associated with investing in AMTD Digital.
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 Digital is a strong investment it is important to analyze AMTD Digital'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 Digital's future performance. For an informed investment choice regarding AMTD Stock, refer to the following important reports:Check out AMTD Digital Correlation, AMTD Digital Volatility and AMTD Digital Alpha and Beta module to complement your research on AMTD Digital. For information on how to trade AMTD Stock refer to our How to Trade AMTD Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
AMTD Digital 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.