Amphenol (Germany) Market Value
| XPH Stock | EUR 70.30 0.25 0.36% |
| Symbol | Amphenol |
Amphenol '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 Amphenol'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 Amphenol.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Amphenol on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Amphenol or generate 0.0% return on investment in Amphenol over 90 days. Amphenol is related to or competes with US FOODS, Benchmark Electronics, LPKF Laser, SENECA FOODS, Renesas Electronics, Astral Foods, and Lifeway Foods. Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electroni... More
Amphenol 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 Amphenol'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 Amphenol upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.083 | |||
| Maximum Drawdown | 8.34 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 2.87 |
Amphenol Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amphenol's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amphenol's standard deviation. In reality, there are many statistical measures that can use Amphenol historical prices to predict the future Amphenol's volatility.| Risk Adjusted Performance | 0.1247 | |||
| Jensen Alpha | 0.2247 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0768 | |||
| Treynor Ratio | 0.7215 |
Amphenol Backtested Returns
Amphenol appears to be very steady, given 3 months investment horizon. Amphenol secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Amphenol, which you can use to evaluate the volatility of the firm. Please makes use of Amphenol's Downside Deviation of 1.94, risk adjusted performance of 0.1247, and Mean Deviation of 1.28 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Amphenol holds a performance score of 12. The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amphenol's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amphenol is expected to be smaller as well. Please check Amphenol's treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether Amphenol's price patterns will revert.
Auto-correlation | 0.42 |
Average predictability
Amphenol has average predictability. Overlapping area represents the amount of predictability between Amphenol time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Amphenol price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Amphenol price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 9.84 |
Amphenol lagged returns against current returns
Autocorrelation, which is Amphenol 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 Amphenol's stock expected returns. We can calculate the autocorrelation of Amphenol returns to help us make a trade decision. For example, suppose you find that Amphenol 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 |
Amphenol 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 Amphenol stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amphenol stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amphenol stock over time.
Current vs Lagged Prices |
| Timeline |
Amphenol Lagged Returns
When evaluating Amphenol's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amphenol stock have on its future price. Amphenol 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, Amphenol autocorrelation shows the relationship between Amphenol stock current value and its past values and can show if there is a momentum factor associated with investing in Amphenol.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Amphenol Stock
When determining whether Amphenol offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amphenol's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amphenol Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amphenol Stock:Check out Amphenol Correlation, Amphenol Volatility and Amphenol Alpha and Beta module to complement your research on Amphenol. For more detail on how to invest in Amphenol Stock please use our How to Invest in Amphenol guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Amphenol 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.