AMETEK,'s market value is the price at which a share of AMETEK, trades on a public exchange. It measures the collective expectations of AMETEK, investors about its performance. AMETEK, is trading at 45.32 as of the 11th of January 2025, a 1.59% down since the beginning of the trading day. The stock's open price was 46.05. With this module, you can estimate the performance of a buy and hold strategy of AMETEK, and determine expected loss or profit from investing in AMETEK, over a given investment horizon. Check out AMETEK, Correlation, AMETEK, Volatility and AMETEK, Alpha and Beta module to complement your research on AMETEK,.
Please note, there is a significant difference between AMETEK,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if AMETEK, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMETEK,'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.
AMETEK, '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 AMETEK,'s 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 AMETEK,.
0.00
01/22/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/11/2025
0.00
If you would invest 0.00 in AMETEK, on January 22, 2023 and sell it all today you would earn a total of 0.00 from holding AMETEK, or generate 0.0% return on investment in AMETEK, over 720 days. AMETEK, is related to or competes with Eaton Plc, Howmet Aerospace, Aeris Indstria, and Inepar SA. AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices worldwide More
AMETEK, 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 AMETEK,'s 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 AMETEK, upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for AMETEK,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMETEK,'s standard deviation. In reality, there are many statistical measures that can use AMETEK, historical prices to predict the future AMETEK,'s volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AMETEK,. Your research has to be compared to or analyzed against AMETEK,'s peers to derive any actionable benefits. When done correctly, AMETEK,'s competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in AMETEK,.
AMETEK, Backtested Returns
AMETEK, appears to be very steady, given 3 months investment horizon. AMETEK, secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for AMETEK,, which you can use to evaluate the volatility of the firm. Please makes use of AMETEK,'s Mean Deviation of 1.0, downside deviation of 1.91, and Risk Adjusted Performance of 0.1079 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AMETEK, holds a performance score of 9. The firm shows a Beta (market volatility) of 0.0903, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AMETEK,'s returns are expected to increase less than the market. However, during the bear market, the loss of holding AMETEK, is expected to be smaller as well. Please check AMETEK,'s downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether AMETEK,'s price patterns will revert.
Auto-correlation
0.38
Below average predictability
AMETEK, has below average predictability. Overlapping area represents the amount of predictability between AMETEK, time series from 22nd of January 2023 to 17th of January 2024 and 17th of January 2024 to 11th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AMETEK, price movement. The serial correlation of 0.38 indicates that just about 38.0% of current AMETEK, price fluctuation can be explain by its past prices.
Correlation Coefficient
0.38
Spearman Rank Test
0.58
Residual Average
0.0
Price Variance
14.94
AMETEK, lagged returns against current returns
Autocorrelation, which is AMETEK, 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 AMETEK,'s stock expected returns. We can calculate the autocorrelation of AMETEK, returns to help us make a trade decision. For example, suppose you find that AMETEK, 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
AMETEK, 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 AMETEK, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMETEK, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMETEK, stock over time.
Current vs Lagged Prices
Timeline
AMETEK, Lagged Returns
When evaluating AMETEK,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMETEK, stock have on its future price. AMETEK, 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, AMETEK, autocorrelation shows the relationship between AMETEK, stock current value and its past values and can show if there is a momentum factor associated with investing in AMETEK,.
Regressed Prices
Timeline
Also Currently Popular
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.
AMETEK, financial ratios help investors to determine whether AMETEK, Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AMETEK, with respect to the benefits of owning AMETEK, security.