Amgen (Germany) Price on May 9, 2024

AMG Stock  EUR 254.30  1.30  0.51%   
If you're considering investing in Amgen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Amgen stands at 254.30, as last reported on the 8th of January, with the highest price reaching 254.30 and the lowest price hitting 253.05 during the day. Amgen Inc secures Sharpe Ratio (or Efficiency) of -0.0977, which signifies that the company had a -0.0977% return per unit of standard deviation over the last 3 months. Amgen Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amgen's risk adjusted performance of (0.06), and Mean Deviation of 1.23 to double-check the risk estimate we provide.
  
Amgen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0977

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Estimated Market Risk

 2.21
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Amgen is not performing at its full potential. However, 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 Amgen by adding Amgen to a well-diversified portfolio.

Amgen Valuation on May 9, 2024

It is possible to determine the worth of Amgen on a given historical date. On May 9, 2024 Amgen was worth 277.54 at the beginning of the trading date compared to the closed value of 277.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Amgen stock. Still, in general, we apply an absolute valuation method to find Amgen'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 Amgen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Amgen's related companies.
 Open High Low Close Volume
  271.44    271.44    271.44    271.44    1.00  
05/09/2024
  277.54    277.54    277.54    277.54    1.00  
  282.08    282.08    282.08    282.08    1.00  
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Open Value
277.54
270.92
Downside
277.54
Closing Value
284.16
Upside

Amgen Trading Date Momentum on May 9, 2024

On May 10 2024 Amgen Inc was traded for  282.08  at the closing time. The maximum traded price for the trading interval was 282.08  and the lowest daily price was  282.08 . There was no trading activity during the period 1.0. Lack of trading volume on 10th of May 2024 played a part in the next trading day price jump. The overall trading delta to the next closing price was 1.64% . The overall trading delta to the closing price today is 1.38% .

Amgen Inc Fundamentals Correlations and Trends

By evaluating Amgen'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 Amgen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Amgen financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Amgen Stock history

Amgen 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 Amgen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Amgen Inc 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 Amgen stock prices may prove useful in developing a viable investing in Amgen

Amgen Stock Technical Analysis

Amgen 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.
A focus of Amgen technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Amgen trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Amgen Period Price Range

Low
January 8, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Amgen Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Hanover Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Amgen January 8, 2025 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Amgen's price direction in advance. Along with the technical and fundamental analysis of Amgen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Amgen 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.

Complementary Tools for Amgen Stock analysis

When running Amgen's price analysis, check to measure Amgen'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 Amgen is operating at the current time. Most of Amgen's value examination focuses on studying past and present price action to predict the probability of Amgen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amgen's price. Additionally, you may evaluate how the addition of Amgen to your portfolios can decrease your overall portfolio volatility.
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