Amgen (Germany) Price on February 2, 2024
AMG Stock | 255.90 7.15 2.87% |
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 255.90, as last reported on the 23rd of December, with the highest price reaching 263.55 and the lowest price hitting 251.00 during the day. Amgen Inc secures Sharpe Ratio (or Efficiency) of -0.0917, which signifies that the company had a -0.0917% 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 (0.07), and Mean Deviation of 1.29 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.
Amgen |
Sharpe Ratio = -0.0917
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Estimated Market Risk
2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 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 February 2, 2024
It is possible to determine the worth of Amgen on a given historical date. On February 2, 2024 Amgen was worth 288.17 at the beginning of the trading date compared to the closed value of 288.36. 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 | |
282.16 | 284.49 | 279.65 | 284.49 | 281.00 | |
02/02/2024 | 288.17 | 290.49 | 286.42 | 288.36 | 785.00 |
289.13 | 296.30 | 287.97 | 288.94 | 1,897 |
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Amgen Trading Date Momentum on February 2, 2024
On February 05 2024 Amgen Inc was traded for 288.94 at the closing time. The highest price during the trading period was 296.30 and the lowest recorded bid was listed for 287.97 . The volume for the day was 1.9 K. This history from February 5, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.20% . The overall trading delta to the current price is 9.54% . |
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.
Price Boundaries
Amgen Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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Amgen December 23, 2024 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.
Risk Adjusted Performance | (0.07) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | (1.79) |
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Additional 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.