Advanced Micro (Germany) Market Value
| AMD Stock | 125.30 2.48 2.02% |
| Symbol | Advanced |
Advanced Micro '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 Advanced Micro'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 Advanced Micro.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in Advanced Micro on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Advanced Micro Devices or generate 0.0% return on investment in Advanced Micro over 30 days. Advanced Micro is related to or competes with Lamar Advertising, Computershare, Singapore Telecommunicatio, Entravision Communications, GungHo Online, and HEMISPHERE EGY. More
Advanced Micro 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 Advanced Micro'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 Advanced Micro Devices upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 11.78 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 3.91 |
Advanced Micro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advanced Micro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advanced Micro's standard deviation. In reality, there are many statistical measures that can use Advanced Micro historical prices to predict the future Advanced Micro's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (1.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Advanced Micro'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.
Advanced Micro Devices Backtested Returns
Advanced Micro Devices secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Advanced Micro Devices exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Advanced Micro's Mean Deviation of 1.94, risk adjusted performance of (0.06), and Standard Deviation of 2.46 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Advanced Micro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Advanced Micro is expected to be smaller as well. At this point, Advanced Micro Devices has a negative expected return of -0.26%. Please make sure to confirm Advanced Micro's accumulation distribution, and the relationship between the potential upside and day median price , to decide if Advanced Micro Devices performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Advanced Micro Devices has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Advanced Micro time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 Advanced Micro Devices price movement. The serial correlation of -0.73 indicates that around 73.0% of current Advanced Micro price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 8.63 |
Advanced Micro Devices lagged returns against current returns
Autocorrelation, which is Advanced Micro 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 Advanced Micro's stock expected returns. We can calculate the autocorrelation of Advanced Micro returns to help us make a trade decision. For example, suppose you find that Advanced Micro 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 |
Advanced Micro 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 Advanced Micro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advanced Micro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Advanced Micro stock over time.
Current vs Lagged Prices |
| Timeline |
Advanced Micro Lagged Returns
When evaluating Advanced Micro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Advanced Micro stock have on its future price. Advanced Micro 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, Advanced Micro autocorrelation shows the relationship between Advanced Micro stock current value and its past values and can show if there is a momentum factor associated with investing in Advanced Micro Devices.
Regressed Prices |
| Timeline |
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Additional Tools for Advanced Stock Analysis
When running Advanced Micro's price analysis, check to measure Advanced Micro'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 Advanced Micro is operating at the current time. Most of Advanced Micro's value examination focuses on studying past and present price action to predict the probability of Advanced Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Micro's price. Additionally, you may evaluate how the addition of Advanced Micro to your portfolios can decrease your overall portfolio volatility.