Advanced Micro Devices Stock Technical Analysis
| AMD Stock | USD 137.49 0.11 0.08% |
As of the 21st of November, Advanced Micro shows the Risk Adjusted Performance of (0.03), mean deviation of 2.09, and Standard Deviation of 2.85. Advanced Micro Devices technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Advanced Micro Devices standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Advanced Micro Devices is priced correctly, providing market reflects its regular price of 137.49 per share. Given that Advanced Micro has information ratio of (0.09), we suggest you to validate Advanced Micro Devices's prevailing market performance to make sure the company can sustain itself at a future point.
Advanced Micro Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Advanced, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AdvancedAdvanced |
Advanced Micro Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 129.11 | Strong Buy | 48 | Odds |
Most Advanced analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Advanced stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Advanced Micro Devices, talking to its executives and customers, or listening to Advanced conference calls.
Advanced Micro 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.
Advanced Micro Devices Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Advanced Micro Devices volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Advanced Micro Devices Trend Analysis
Use this graph to draw trend lines for Advanced Micro Devices. You can use it to identify possible trend reversals for Advanced Micro as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Advanced Micro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Advanced Micro Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Advanced Micro Devices applied against its price change over selected period. The best fit line has a slop of 0.1 , which may imply that the returns on investment in Advanced Micro Devices will continue to fail. It has 122 observation points and a regression sum of squares at 385.39, which is the sum of squared deviations for the predicted Advanced Micro price change compared to its average price change.About Advanced Micro Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Advanced Micro Devices on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Advanced Micro Devices based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Advanced Micro Devices price pattern first instead of the macroeconomic environment surrounding Advanced Micro Devices. By analyzing Advanced Micro's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Advanced Micro's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Advanced Micro specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 86.66 | 63.84 | 57.46 | 44.54 | PTB Ratio | 4.26 | 1.86 | 1.67 | 1.59 |
Advanced Micro November 21, 2024 Technical Indicators
Most technical analysis of Advanced help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Advanced from various momentum indicators to cycle indicators. When you analyze Advanced charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 2.09 | |||
| Coefficient Of Variation | (1,860) | |||
| Standard Deviation | 2.85 | |||
| Variance | 8.11 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 16.31 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 3.96 | |||
| Skewness | (0.82) | |||
| Kurtosis | 2.2 |
Complementary Tools for Advanced Stock analysis
When running Advanced Micro's price analysis, check to measure Advanced Micro's 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 Advanced Micro is operating at the current time. Most of Advanced Micro's value examination focuses on studying past and present price action to predict the probability of Advanced Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Micro's price. Additionally, you may evaluate how the addition of Advanced Micro to your portfolios can decrease your overall portfolio volatility.
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