Amphastar P Stock Market Value
| AMPH Stock | USD 31.99 0.30 0.93% |
| Symbol | Amphastar |
Amphastar P Price To Book Ratio
Is Pharmaceuticals 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 Amphastar. If investors know Amphastar 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 Amphastar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Earnings Share 2.94 | Revenue Per Share | Quarterly Revenue Growth 0.059 | Return On Assets |
The market value of Amphastar P is measured differently than its book value, which is the value of Amphastar that is recorded on the company's balance sheet. Investors also form their own opinion of Amphastar's value that differs from its market value or its book value, called intrinsic value, which is Amphastar'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 Amphastar's market value can be influenced by many factors that don't directly affect Amphastar'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 Amphastar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amphastar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amphastar'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.
Amphastar '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 Amphastar'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 Amphastar.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Amphastar on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Amphastar P or generate 0.0% return on investment in Amphastar over 30 days. Amphastar is related to or competes with Collegium Pharmaceutical, Alkermes Plc, Evolus, Neurocrine Biosciences, Ironwood Pharmaceuticals, ANI Pharmaceuticals, and Prestige Brand. Amphastar Pharmaceuticals, Inc., a bio-pharmaceutical company, develops, manufactures, markets, and sells generic and pr... More
Amphastar 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 Amphastar'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 Amphastar P upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 10.11 | |||
| Value At Risk | (4.12) | |||
| Potential Upside | 2.24 |
Amphastar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amphastar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amphastar's standard deviation. In reality, there are many statistical measures that can use Amphastar historical prices to predict the future Amphastar's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (2.51) |
Amphastar P Backtested Returns
Amphastar P secures Sharpe Ratio (or Efficiency) of -0.3, which signifies that the company had a -0.3 % return per unit of risk over the last 3 months. Amphastar P exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Amphastar's Risk Adjusted Performance of (0.18), standard deviation of 1.89, and Mean Deviation of 1.37 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amphastar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amphastar is expected to be smaller as well. At this point, Amphastar P has a negative expected return of -0.57%. Please make sure to confirm Amphastar's accumulation distribution, and the relationship between the value at risk and day typical price , to decide if Amphastar P performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.27 |
Weak reverse predictability
Amphastar P has weak reverse predictability. Overlapping area represents the amount of predictability between Amphastar time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Amphastar P price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Amphastar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Amphastar P lagged returns against current returns
Autocorrelation, which is Amphastar 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 Amphastar's stock expected returns. We can calculate the autocorrelation of Amphastar returns to help us make a trade decision. For example, suppose you find that Amphastar 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 |
Amphastar 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 Amphastar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amphastar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amphastar stock over time.
Current vs Lagged Prices |
| Timeline |
Amphastar Lagged Returns
When evaluating Amphastar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amphastar stock have on its future price. Amphastar 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, Amphastar autocorrelation shows the relationship between Amphastar stock current value and its past values and can show if there is a momentum factor associated with investing in Amphastar P.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Amphastar P offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amphastar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amphastar P Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amphastar P Stock:Check out Amphastar Correlation, Amphastar Volatility and Amphastar Alpha and Beta module to complement your research on Amphastar. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Amphastar 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.