Amcor Plc Stock Market Value
| AMCCF Stock | USD 8.98 0.75 7.71% |
| Symbol | Amcor |
Amcor Plc '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 Amcor Plc's pink sheet 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 Amcor Plc.
| 12/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Amcor Plc on December 5, 2024 and sell it all today you would earn a total of 0.00 from holding Amcor plc or generate 0.0% return on investment in Amcor Plc over 30 days. Amcor Plc is related to or competes with Ball, Sealed Air, International Paper, Avery Dennison, Packaging Corp, Greif Bros, and Crown Holdings. Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia... More
Amcor Plc 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 Amcor Plc's pink sheet 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 Amcor plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 11.84 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 0.6705 |
Amcor Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amcor Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amcor Plc's standard deviation. In reality, there are many statistical measures that can use Amcor Plc historical prices to predict the future Amcor Plc's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (39.84) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Amcor Plc's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Amcor plc Backtested Returns
Amcor plc secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of standard deviation over the last 3 months. Amcor plc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amcor Plc's risk adjusted performance of (0.12), and Mean Deviation of 0.6745 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0069, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amcor Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amcor Plc is expected to be smaller as well. At this point, Amcor plc has a negative expected return of -0.28%. Please make sure to confirm Amcor Plc's treynor ratio, day median price, and the relationship between the information ratio and kurtosis , to decide if Amcor plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
Amcor plc has good predictability. Overlapping area represents the amount of predictability between Amcor Plc time series from 5th of December 2024 to 20th of December 2024 and 20th of December 2024 to 4th 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 Amcor plc price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Amcor Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Amcor plc lagged returns against current returns
Autocorrelation, which is Amcor Plc pink sheet'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 Amcor Plc's pink sheet expected returns. We can calculate the autocorrelation of Amcor Plc returns to help us make a trade decision. For example, suppose you find that Amcor Plc has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Amcor Plc 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 Amcor Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amcor Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amcor Plc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Amcor Plc Lagged Returns
When evaluating Amcor Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amcor Plc pink sheet have on its future price. Amcor Plc 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, Amcor Plc autocorrelation shows the relationship between Amcor Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Amcor plc.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Amcor Pink Sheet
When determining whether Amcor plc is a strong investment it is important to analyze Amcor Plc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Amcor Plc's future performance. For an informed investment choice regarding Amcor Pink Sheet, refer to the following important reports:Check out Amcor Plc Correlation, Amcor Plc Volatility and Amcor Plc Alpha and Beta module to complement your research on Amcor Plc. For more detail on how to invest in Amcor Pink Sheet please use our How to Invest in Amcor Plc guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Amcor Plc technical pink sheet 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, pink sheet market cycles, or different charting patterns.