Applied Materials (UK) Market Value
| 0R1A Stock | 176.50 4.93 2.87% |
| Symbol | Applied |
Applied Materials 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Applied Materials' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Applied Materials.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Applied Materials on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Applied Materials or generate 0.0% return on investment in Applied Materials over 30 days. Applied Materials is related to or competes with United States, Samsung Electronics, Advanced Medical, Evolution Gaming, International Biotechnology, Foresight Environmental, and LPKF Laser. Applied Materials is entity of United Kingdom More
Applied Materials Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Applied Materials' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Applied Materials upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 15.07 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 3.39 |
Applied Materials Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Applied Materials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Applied Materials' standard deviation. In reality, there are many statistical measures that can use Applied Materials historical prices to predict the future Applied Materials' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.80) |
Applied Materials Backtested Returns
Applied Materials secures Sharpe Ratio (or Efficiency) of -0.0468, which signifies that the company had a -0.0468% return per unit of risk over the last 3 months. Applied Materials exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Applied Materials' Mean Deviation of 1.95, standard deviation of 2.75, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Applied Materials' returns are expected to increase less than the market. However, during the bear market, the loss of holding Applied Materials is expected to be smaller as well. At this point, Applied Materials has a negative expected return of -0.13%. Please make sure to confirm Applied Materials' total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Applied Materials performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.63 |
Good predictability
Applied Materials has good predictability. Overlapping area represents the amount of predictability between Applied Materials time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Applied Materials price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Applied Materials price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 10.12 |
Applied Materials lagged returns against current returns
Autocorrelation, which is Applied Materials stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Applied Materials' stock expected returns. We can calculate the autocorrelation of Applied Materials returns to help us make a trade decision. For example, suppose you find that Applied Materials has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Applied Materials regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Applied Materials stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Applied Materials stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Applied Materials stock over time.
Current vs Lagged Prices |
| Timeline |
Applied Materials Lagged Returns
When evaluating Applied Materials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Applied Materials stock have on its future price. Applied Materials autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Applied Materials autocorrelation shows the relationship between Applied Materials stock current value and its past values and can show if there is a momentum factor associated with investing in Applied Materials.
Regressed Prices |
| Timeline |
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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 Tools for Applied Stock Analysis
When running Applied Materials' price analysis, check to measure Applied Materials' 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 Applied Materials is operating at the current time. Most of Applied Materials' value examination focuses on studying past and present price action to predict the probability of Applied Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Materials' price. Additionally, you may evaluate how the addition of Applied Materials to your portfolios can decrease your overall portfolio volatility.