Amgen Stock Forecast - Rate Of Daily Change

AMGN34 Stock  BRL 58.56  0.98  1.65%   
Amgen Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Amgen stock prices and determine the direction of Amgen Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Amgen's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Amgen Inc has current Rate Of Daily Change of 0.98. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Amgen.
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Amgen Trading Date Momentum

On December 11 2024 Amgen Inc was traded for  58.56  at the closing time. The highest price during the trading period was 58.88  and the lowest recorded bid was listed for  58.32 . The volume for the day was 280. This history from December 11, 2024 did not affect price variability. The overall trading delta to the current price is 0.55% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Amgen

For every potential investor in Amgen, whether a beginner or expert, Amgen's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Amgen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Amgen. Basic forecasting techniques help filter out the noise by identifying Amgen's price trends.

Amgen Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Amgen stock to make a market-neutral strategy. Peer analysis of Amgen could also be used in its relative valuation, which is a method of valuing Amgen by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Amgen Inc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Amgen's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Amgen's current price.

Amgen Market Strength Events

Market strength indicators help investors to evaluate how Amgen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amgen shares will generate the highest return on investment. By undertsting and applying Amgen stock market strength indicators, traders can identify Amgen Inc entry and exit signals to maximize returns.

Amgen Risk Indicators

The analysis of Amgen's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Amgen's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting amgen stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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.

Additional Information and Resources on Investing in Amgen Stock

When determining whether Amgen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amgen'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 Amgen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amgen Inc Stock:
Check out Historical Fundamental Analysis of Amgen to cross-verify your projections.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Please note, there is a significant difference between Amgen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amgen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amgen'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.