Amalgamated Bank Stock Market Value
| AMAL Stock | USD 34.94 0.07 0.20% |
| Symbol | Amalgamated |
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amalgamated Bank. If investors know Amalgamated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amalgamated Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Amalgamated Bank is measured differently than its book value, which is the value of Amalgamated that is recorded on the company's balance sheet. Investors also form their own opinion of Amalgamated Bank's value that differs from its market value or its book value, called intrinsic value, which is Amalgamated Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amalgamated Bank's market value can be influenced by many factors that don't directly affect Amalgamated Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amalgamated Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amalgamated Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amalgamated Bank'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.
Amalgamated Bank '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 Amalgamated Bank'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 Amalgamated Bank.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Amalgamated Bank on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Amalgamated Bank or generate 0.0% return on investment in Amalgamated Bank over 30 days. Amalgamated Bank is related to or competes with Home Bancorp, Community West, First Community, Great Southern, Affinity Bancshares, First Financial, and Northeast Community. Amalgamated Financial Corp. operates as the bank holding company for Amalgamated Bank that provides commercial and retai... More
Amalgamated Bank 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 Amalgamated Bank'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 Amalgamated Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.89 | |||
| Information Ratio | 0.0319 | |||
| Maximum Drawdown | 21.7 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 2.64 |
Amalgamated Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amalgamated Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amalgamated Bank's standard deviation. In reality, there are many statistical measures that can use Amalgamated Bank historical prices to predict the future Amalgamated Bank's volatility.| Risk Adjusted Performance | 0.0593 | |||
| Jensen Alpha | 0.2002 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0422 | |||
| Treynor Ratio | (0.51) |
Amalgamated Bank Backtested Returns
As of now, Amalgamated Stock is very steady. Amalgamated Bank secures Sharpe Ratio (or Efficiency) of 0.0719, which signifies that the company had a 0.0719% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Amalgamated Bank, which you can use to evaluate the volatility of the firm. Please confirm Amalgamated Bank's risk adjusted performance of 0.0593, and Mean Deviation of 1.52 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%. Amalgamated Bank has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Amalgamated Bank are expected to decrease at a much lower rate. During the bear market, Amalgamated Bank is likely to outperform the market. Amalgamated Bank right now shows a risk of 2.5%. Please confirm Amalgamated Bank value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if Amalgamated Bank will be following its price patterns.
Auto-correlation | 0.08 |
Virtually no predictability
Amalgamated Bank has virtually no predictability. Overlapping area represents the amount of predictability between Amalgamated Bank time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th of December 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 Amalgamated Bank price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Amalgamated Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Amalgamated Bank lagged returns against current returns
Autocorrelation, which is Amalgamated Bank 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 Amalgamated Bank's stock expected returns. We can calculate the autocorrelation of Amalgamated Bank returns to help us make a trade decision. For example, suppose you find that Amalgamated Bank 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 |
Amalgamated Bank 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 Amalgamated Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amalgamated Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amalgamated Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Amalgamated Bank Lagged Returns
When evaluating Amalgamated Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amalgamated Bank stock have on its future price. Amalgamated Bank 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, Amalgamated Bank autocorrelation shows the relationship between Amalgamated Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Amalgamated Bank.
Regressed Prices |
| Timeline |
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Amalgamated Bank 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.