Amgen (Germany) Price on June 15, 2023

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 mean deviation of 1.29, and Risk Adjusted Performance of (0.07) 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 = -0.0917

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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 June 15, 2023

It is possible to determine the worth of Amgen on a given historical date. On June 15, 2023 Amgen was worth 196.43 at the beginning of the trading date compared to the closed value of 196.43. 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
  197.57    197.76    195.29    195.29    796.00  
06/15/2023
  196.43    196.43    194.72    196.43    294.00  
  198.71    200.81    197.57    198.90    260.00  
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Open Value
196.43
189.66
Downside
196.43
Closing Value
203.20
Upside

Amgen Trading Date Momentum on June 15, 2023

On June 16 2023 Amgen Inc was traded for  198.90  at the closing time. The highest price during the trading period was 200.81  and the lowest recorded bid was listed for  197.57 . The volume for the day was 260. This history from June 16, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.26% . The overall trading delta to the current price is 1.64% .

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
December 23, 2024
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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.

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.