AMP (Australia) Market Value

AMPPB Preferred Stock   102.61  0.38  0.37%   
AMP's market value is the price at which a share of AMP trades on a public exchange. It measures the collective expectations of AMP Ltd Preferred investors about its performance. AMP is trading at 102.61 as of the 17th of January 2025, a 0.37 percent increase since the beginning of the trading day. The preferred stock's open price was 102.23.
With this module, you can estimate the performance of a buy and hold strategy of AMP Ltd Preferred and determine expected loss or profit from investing in AMP over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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AMP '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 AMP's preferred 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 AMP.
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10/19/2024
No Change 0.00  0.0 
In 3 months and 1 day
01/17/2025
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If you would invest  0.00  in AMP on October 19, 2024 and sell it all today you would earn a total of 0.00 from holding AMP Ltd Preferred or generate 0.0% return on investment in AMP over 90 days.

AMP 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 AMP's preferred 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 AMP Ltd Preferred upside and downside potential and time the market with a certain degree of confidence.

AMP Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for AMP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AMP's standard deviation. In reality, there are many statistical measures that can use AMP historical prices to predict the future AMP's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AMP. Your research has to be compared to or analyzed against AMP's peers to derive any actionable benefits. When done correctly, AMP'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 AMP Preferred.

AMP Preferred Backtested Returns

At this point, AMP is very steady. AMP Preferred secures Sharpe Ratio (or Efficiency) of 0.0436, which signifies that the company had a 0.0436% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AMP Ltd Preferred, which you can use to evaluate the volatility of the firm. Please confirm AMP's risk adjusted performance of 0.0327, and Mean Deviation of 0.1719 to double-check if the risk estimate we provide is consistent with the expected return of 0.0105%. AMP has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0288, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AMP's returns are expected to increase less than the market. However, during the bear market, the loss of holding AMP is expected to be smaller as well. AMP Preferred now shows a risk of 0.24%. Please confirm AMP Preferred total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if AMP Preferred will be following its price patterns.

Auto-correlation

    
  -0.1  

Very weak reverse predictability

AMP Ltd Preferred has very weak reverse predictability. Overlapping area represents the amount of predictability between AMP time series from 19th of October 2024 to 3rd of December 2024 and 3rd of December 2024 to 17th 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 AMP Preferred price movement. The serial correlation of -0.1 indicates that less than 10.0% of current AMP price fluctuation can be explain by its past prices.
Correlation Coefficient-0.1
Spearman Rank Test0.04
Residual Average0.0
Price Variance0.04
AMP ReturnsAMP Lagged ReturnsDiversified AwayAMP ReturnsAMP Lagged ReturnsDiversified Away100%

AMP Preferred lagged returns against current returns

Autocorrelation, which is AMP preferred 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 AMP's preferred stock expected returns. We can calculate the autocorrelation of AMP returns to help us make a trade decision. For example, suppose you find that AMP has exhibited high autocorrelation historically, and you observe that the preferred 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   
JavaScript chart by amCharts 3.21.15Dec 09Dec 16Dec 23Dec 30JanJan 13-0.2%0%0.2%0.4%0.6%0.8%1.0%1.2% 101001K
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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AMP 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 AMP preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AMP preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AMP preferred stock over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Dec 09Dec 16Dec 23Dec 30JanJan 13102.15102.20102.25102.30102.35102.40102.45
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
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AMP Lagged Returns

When evaluating AMP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AMP preferred stock have on its future price. AMP 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, AMP autocorrelation shows the relationship between AMP preferred stock current value and its past values and can show if there is a momentum factor associated with investing in AMP Ltd Preferred.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15NovDec2025101.8102.0102.2102.4102.6102.8103.0
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

Thematic Opportunities

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