Amalgamated Bank Stock Price on October 24, 2024
| AMAL Stock | USD 35.47 0.53 1.52% |
If you're considering investing in Amalgamated Stock, it is important to understand the factors that can impact its price. As of today, the current price of Amalgamated Bank stands at 35.47, as last reported on the 16th of December 2024, with the highest price reaching 35.49 and the lowest price hitting 34.73 during the day. Amalgamated Bank appears to be very steady, given 3 months investment horizon. Amalgamated Bank secures Sharpe Ratio (or Efficiency) of 0.0811, which signifies that the company had a 0.0811% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Amalgamated Bank, which you can use to evaluate the volatility of the firm. Please makes use of Amalgamated Bank's mean deviation of 1.53, and Risk Adjusted Performance of 0.0656 to double-check if our risk estimates are consistent with your expectations.
Amalgamated Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Amalgamated |
Sharpe Ratio = 0.0811
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Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Amalgamated Bank is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Amalgamated Bank by adding it to a well-diversified portfolio.
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Amalgamated Bank Valuation on October 24, 2024
It is possible to determine the worth of Amalgamated Bank on a given historical date. On October 24, 2024 Amalgamated was worth 34.4 at the beginning of the trading date compared to the closed value of 33.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amalgamated Bank stock. Still, in general, we apply an absolute valuation method to find Amalgamated Bank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Amalgamated Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amalgamated Bank's related companies.
| Open | High | Low | Close | Volume | |
| 33.72 | 34.13 | 33.31 | 33.86 | 217,763 | |
10/24/2024 | 34.40 | 34.47 | 32.58 | 33.41 | 255,935 |
| 34.08 | 34.39 | 33.53 | 33.64 | 195,218 |
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Amalgamated Bank Trading Date Momentum on October 24, 2024
| On October 25 2024 Amalgamated Bank was traded for 33.64 at the closing time. The top price for the day was 34.39 and the lowest listed price was 33.53 . The trading volume for the day was 195.2 K. The trading history from October 25, 2024 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 0.69% . The overall trading delta against the current closing price is 2.24% . |
Amalgamated Bank Fundamentals Correlations and Trends
By evaluating Amalgamated Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Amalgamated Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amalgamated financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Amalgamated Bank Stock history
Amalgamated Bank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Amalgamated is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amalgamated Bank will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Amalgamated Bank stock prices may prove useful in developing a viable investing in Amalgamated Bank
Amalgamated Financial Corp. operates as the bank holding company for Amalgamated Bank that provides commercial and retail banking, investment management, and trust and custody services for commercial and retail customers in the United States. Amalgamated Financial Corp. was founded in 1923 and is headquartered in New York, New York. Amalgamated Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 375 people.
Amalgamated Bank Stock Technical Analysis
Amalgamated Bank 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.
Price Boundaries
Amalgamated Bank Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
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Amalgamated Bank December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Amalgamated Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amalgamated Bank shares will generate the highest return on investment. By undertsting and applying Amalgamated Bank stock market strength indicators, traders can identify Amalgamated Bank entry and exit signals to maximize returns
Amalgamated Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Amalgamated Bank's price direction in advance. Along with the technical and fundamental analysis of Amalgamated Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amalgamated to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0656 | |||
| Jensen Alpha | 0.2186 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0612 | |||
| Treynor Ratio | (0.57) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amalgamated Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Amalgamated Stock please use our How to buy in Amalgamated Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Regional Banks 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 Amalgamated Bank. If investors know Amalgamated 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 Amalgamated Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Amalgamated Bank is measured differently than its book value, which is the value of Amalgamated that is recorded on the company's balance sheet. Investors also form their own opinion of Amalgamated Bank's value that differs from its market value or its book value, called intrinsic value, which is Amalgamated Bank'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 Amalgamated Bank's market value can be influenced by many factors that don't directly affect Amalgamated Bank'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 Amalgamated Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amalgamated Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amalgamated Bank'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.